eXp Mexico is now officially open for business.
eXp Realty, which is part of eXp World Holdings whose headquarters are in the United States, has already planted its flag in the country of its neighbor to the north — Canada — and is now doing the same for its neighbor to the south, Mexico.
As announced in August, eXp Mexico will operate residential and commercial real estate business, becoming the sixth country planned for international expansion by eXp in 2020.
eXp Realty currently boasts more than 39,000 agents across the world, including Canada, the United Kingdom, Australia, South Africa, India, and now, Mexico. Two more countries are planned to open for business before year-end — France and Portugal.
“We carefully selected Mexico as the first Spanish-language country in our global expansion, due to their vibrant history, rich culture, and strong real estate market,” said Michael Valdes, President of eXp Global. “With a population of 126 million, we see a phenomenal opportunity with our superior platform to change the real estate industry in a country as important as Mexico. eXp brings to Mexico tremendous opportunities for agents to grow and develop not only their own businesses but to support the growth of other agents as well. Mexico is also the perfect fit for eXp’s community-based culture.”
Ismael Gonzalez, who has more than 10 years of real estate experience in Mexico, will be the designated managing broker of eXp Mexico.
“We haven’t seen anything like the eXp Realty model before in Mexico,” said Gonzalez. “It has been overwhelming to see the interest and excitement from so many agents and real estate leaders in our country. I firmly believe eXp Mexico will be a true game-changer, and I am excited to extend this opportunity to all of my fellow real estate agents throughout Mexico,” Gonzalez said.
Agents who join eXp Mexico will benefit from its unique compensation model, which includes revenue share and equity ownership opportunities, access to the company’s cloud-based virtual environment, leading-edge marketing resources, world-class training, and a global real estate community to its network of agents.
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