Categories: Market

eXp India attracts 1000+ agents within 10 months of launch

India, October 29, 2021: eXp India, a subsidiary of eXp World Holdings  (NASDAQ: EXPI)  has on-boarded over a thousand real estate agents across India since their launch 10 months ago. A growing number of agents continue to join the cloud-based brokerage every day, signalling a marked trend in the way real estate transactions are being conducted post-pandemic. 

eXp’s cloud-based brokerage is powered by the company’s immersive and collaborative platform, which enables its agents to communicate, meet and conduct business in a virtual world.  Named eXp World, the cloud-based platform comes replete with meeting rooms, presentation collateral, conferences, extensive training and networking opportunities, myriad ways to personalize the virtual avatar, and much more. eXp India also offers a unique remuneration model for agents with attractive incentives and options to earn additional income by helping grow the company’s agent base globally and earn through listing and selling activities.”We entered the Indian market in the last quarter of 2020 excited about the opportunities here, and the last 10 months have seen phenomenal growth. The Indian market has incredible potential, and the real estate agents themselves are talented and well-versed in market trends. We have seen extraordinary adoption of eXp’s work model, and are confident that our footprint will continue to grow and attract agents who are looking to break the status quo,” says Michael Valdes, the President of eXp.

“We are working towards building a strong foundation for an extremely progressive and transparent real estate sector in India. With that in mind, we give all our agents world-class training, flexibility and support, and have seen immense interest in the market as a result. Our agents have industry-first perks like a chance of acquiring equity shares and an attractive commission model which encourages more entrepreneurial minded agents, as well as existing brokerages to join our growing virtual community” says Shashank Vashishtha, the Executive Director of eXp India. 

In India, eXp conducts business in Delhi & NCR, MMR & Pune, Goa, Bengaluru, Hyderabad, Chennai, Kolkata, Indore, Lucknow, Agra, Jaipur, Ahmedabad, Surat, Baroda, Chandigarh, Ludhiana, Amritsar etc with a focus on both commercial and residential real estate. The brand began its operations by obtaining RERA licences in 15 states. At present, eXp India works with over 25 developers with 100+ projects and over 3000 property listings on their website and is looking to soon obtain RERA licences for an additional 5 states. The company has also witnessed exponential growth internationally in the last 12 months. eXp Global has launched operations in 14 countries, including India, in the past 12 months and has exceeded 67,000+ agents, making it the fastest growing real estate brokerage. eXp now operates in 18 countries worldwide.

Corporate Comm India (CCI Newswire)

The Property Times News Bureau

Recent Posts

Embassy REIT Announces Appointment of Ritwik Bhattacharjee as Interim CEO

New Delhi, November 08, 2024: Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) ('Embassy…

6 hours ago

UP Government’s New Mandate Sparks Concern Among Buyers and Developers

Delhi NCR, November 08, 2024: The UP Government's recent decision to mandate the registration of…

6 hours ago

Line Investments & Property SP LLC Triumphs with 21Awards at MECS+R MENA 2024

Riyadh, November 07, 2024: Line Investments & Property SP LLC, a prominent subsidiary of LuLu…

1 day ago

Intellion Offices by Tata Realty & Infrastructure Ltd Posts 60% YoY Growth in GCC Absorption

First half of FY 25 continued with strong GCC demand with 80% contribution in space…

1 day ago

Champion REIT Recognised as ‘GRESB Global Listed Sector Leader’

- Sustainability Leadership Shines in 'GRESB Real Estate Assessment' and 'GRESB x HERA Standing Investment…

2 days ago

GCCA India joins hands with Xynteo’s Build Ahead coalition to decarbonise India’s construction sector

Mumbai, November 06, 2024: The Global Cement & Concrete Association (GCCA) India and Xynteo announced…

2 days ago