eXp World Holdings Introduces Cloud-Based Realty Brokerage Model In India

eXp World Holdings, the holding company for eXp Realty, one of the fastest-growing residential and commercial real estate companies in the world, has expanded its collaborative, cloud-based real estate brokerage model into India, under the eXp India banner.

BY Realty Plus
Published - Thursday, 19 Nov, 2020

eXp World Holdings Introduces Cloud-Based Realty Brokerage Model In India

eXp World Holdings, the holding company for eXp Realty, one of the fastest-growing residential and commercial real estate companies in the world, has expanded its collaborative, cloud-based real estate brokerage model into India, under the eXp India banner. The addition of residential and commercial brokerage operations in India represents the fifth international expansion for the company, which is headquartered in the United States. In addition to its robust U.S. presence, eXp Realty also operates in Canada, the United Kingdom, Australia, and South Africa, with more than 38,000 agents across the globe. eXp Realty offers a unique financial model for residential and commercial real estate agents, going beyond attractive commissions to provide its agents with revenue share and equity ownership opportunities. The partnership model also offers proprietary marketing resources, including the company’s cloud-based virtual environment and customized technology platform that enhances virtual prospecting, sales, training and communications for agents. Similar to the U.S. model, eXp Realty and the global division anticipates a similar trajectory for India’s real estate industry to utilize a model that not only offers generous commissions, but incentivizes agents to attract other agents through eXp’s multi-layered compensation model. The company’s presence in India will encompass a national footprint, including all major cities and states. India represents one of five countries eXp Global has identified for expansion by the end of 2020. South Africa launched in October 2020 and the remaining countries include France, Mexico and Portugal.