eXp Realty, the Bellingham, Washington-based subsidiary of eXp World Holdings, Inc. (NASDAQ: EXPI), has introduced Boost program to financially incentivize qualifying independent teams and brokerages to join its network.
According to the company, the program will “provide financial incentives to independent teams and brokerages that are culturally aligned, have more than 50 agents and a minimum of $100 million (US/CAN) in sales volume in the originating country over the previous 12-month fiscal period.”
The company added that qualifications for international teams and brokerages will be determined at a later date, and prospective applicants cannot be affiliated with any non-independent franchise.
“We’re laser-focused on attracting and retaining the best agents in the business,” said Glenn Sanford, founder and CEO of eXp Realty. “Boost aligns the interests of independent teams and brokerages with eXp Realty through a shared commitment to our values, culture and growth goals. Our platform is designed to help individual agents and teams thrive. We understand the pressures that down markets place on independent teams and brokerages, and this program is intended to alleviate that stress and streamline the transition process.”
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