eXp Commercial, one of the country’s fastest-growing commercial real estate (CRE) firms, has grown to more than 550 brokers in all 50 U.S. states and Washington, D.C. since the company launched in November 2020. eXp Commercial plans to continue this momentum by extending its reach into international territories by the end of the year.
“eXp Commercial is disrupting the CRE industry with our virtual platform, outstanding value proposition and agent-centric focus,” said eXp Commercial President James Huang. “Our groundbreaking technology, extensive training courses, and equity opportunities allow brokers and agents to earn a steady income with no strings attached and to put the focus back on growing their own businesses.”
eXp Commercial’s unique business model (80/20 commission split, $20,000 commission cap, revenue share and agent equity awards) led the company to more than 28% agent growth in Q4 2021 as compared to Q3 2021. Removing the franchise model from the CRE industry, eXp Commercial operates as one international corporate brokerage providing a platform for the individual agent to streamline their business operations.
Blazing a trail in CRE technological innovation, the firm has partnered with software platforms AIR CRE, Buildout and Reonomy to enhance marketing operations, database, pipeline reporting, back-office tools, property intelligence and technology stack offerings for eXp Commercial agents at a discounted price. In addition, eXp agents have access to eXp Enriched Data, eXp’s proprietary data platform that allows agents to complete broker price opinions (BPO) in as little as 10 minutes on nearly any property in the U.S.
“Commercial real estate has been decades behind when it comes to the use of technology. At eXp Commercial, we’ve adopted technology that allows us to better serve our clients, our agents and our brokers. We are a real estate company with absolutely no boundaries.”– Stephanie Gilezan, eXp Director of Commercial Operations
eXp Commercial’s cloud campus environment, eliminates costly overhead, franchise and desk fees, and provides a virtual office space for thousands of global employees to network, collaborate and provide referrals. By offering agents an 80/20 commission split with a $20,000 cap, revenue share, stock awards and low-cost healthcare coverage options, eXp Commercial is focused on putting money back in the agents’ pockets.
Additionally, industry experts within the firm provide more than 50 hours weekly of live online training and real-time support. This includes virtual and live events on topics such as deal structures, lead generation, product specialties, sales training, M&A transactions and more.
No matter the experience level, eXp Commercial brokers and agents have the potential to earn attractive annual incomes with eXp’s generous business model. Additionally, eXp’s collaborative community provides a healthy referral pipeline. Top brokers at the firm have the potential to earn up to seven-digit annual incomes.
To learn more about eXp Commercial, visit expcommercial.com, or register for one of the free events listed below.
Upcoming eXp Commercial Events
- Commercial Real Estate Symposium, April 25-26 in eXp Commercial Campus. This flagship event features interactive sessions with commercial real estate leaders, national economists and entrepreneurs across the globe.
- eXp Commercial Explained Webinar, every Thursday at 8 a.m. PT
- eXp Live, coming soon to cities across the U.S.
Learn how eXp Commercial is disrupting the CRE industry by putting agents first.