Tuesday, August 15, 2023

EXP REALTY SURPASSES 1,000 AGENTS IN SOUTH AFRICA

KUALA LUMPUR, Aug 14 (Bernama) -- eXp Realty, the core subsidiary of eXp World Holdings Inc, announced it has exceeded 1,000 agents across South Africa, representing an over 74 per cent increase from the 574 total agent count in July 2022.

“Our attractive and continuously evolving agent-centric value proposition continues to resonate with agents from around the world and we are so thrilled to be home to over 1,000 real estate professionals in South Africa,” said eXp Realty Chief Growth Officer, Michael Valdes in a statement.

Meanwhile, eXp Realty South Africa Director and Country Leader, Andrew Thompson said eXp South Africa has had more transactions in the first six months of this year compared to last year.

“eXp South Africa has realised a cash-flow positive, debt-free and profitable operation in its first 15 months since receiving its licence via the Property Practitioners Regulatory Authority back in December 2020.

“Since its inception, eXp has remained committed to putting agents first to equip them with the knowledge and tools necessary to reach their full potential. I am so proud to be able to lead such an incredible group of agents through this expansion and beyond,” he added.

The largest independent real estate company in the world, eXp Realty has more than 88,000 agents and continues to scale internationally.

Meantime, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall company growth.

-- BERNAMA

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