EXP REALTY'S THRIVE PROGRAMME ATTRACTS CULTURALLY ALIGNED TEAMS

KUALA LUMPUR, Oct 27 (Bernama) -- eXp Realty, an independent real estate company and the core subsidiary of eXp World Holdings Inc has launched its new Thrive programme, designed to incentivise culturally aligned, producing teams to join the eXp Realty family.

In a statement, eXp Realty said once onboarded, the team lead will receive an equity award based on their previous 12-month production, subject to future vesting.

“Earlier this year, we introduced two incentive programmes, Boost and Accelerate, aimed at helping independent brokerages and individual agents transition to eXp Realty. Now with the addition of Thrive, we are offering teams an accelerated equity opportunity.

“We understand that each team has its own unique culture and way of doing business, and we want to provide a platform for them to thrive in our agent-centric environment,” said eXp Realty Chief Growth Officer, Michael Valdes.

The company will provide this equity incentive to team leads of culturally aligned teams with more than 10 agents in addition to the team lead and a minimum of $40 million (United States (US)/Canada dollar) in sales volume in the originating country over the previous 12-month fiscal period. (US$1=RM4.77 / CAD1=RM3.45)

A core criteria of this programme is for team leads to commit to team training and ensuring their team members integrate with the eXp Realty ecosystem as part of their cultural alignment with eXp.

The Thrive incentive programme is rolling out in the US and Canada immediately and will soon be available in eXp’s additional 22 global markets, subject to applicable law.

-- BERNAMA