A brokerage in the cloud launched in 2009 just had a major growth spurt: eXp Realty almost tripled in size in 2016, according CEO, founder and chairman Glenn Sanford in announcing the company’s annual results and fourth quarter figures.
- Virtual brokerage shows booming growth in fourth quarter and full year 2016 earnings results.
Need to build a stronger brand?
Just a few seats left for ICSF Indie Broker Summit, July 17
Comments
Related Articles
When a real estate brokerage is almost completely virtual and it’s at least partially owned by its agents, the pressure’s on for any tech company that commits to power its lead generation. That’s especially true when the brokerage aspires to remain relevant to agents in the face of competition from third-party portals, such as Zillow and realtor.com. Real estate marketing software company Commissions Inc. (CINC) has taken up the challenge.
In May this year, the 550 agents with the independent Arizona brokerage and its owners, Chuck and Angela Fazio, will move to a brand new 20,000 square foot premises. Private calling booths, loud active spaces, areas for relaxation, chair massage, recreation opportunities and waiter service throughout the building will all be part of the new location.
Who doesn’t like a bonus? In the competitive market of Oahu in Hawaii, Coldwell Banker Pacific Properties has been offering selected competing agents generous incentives to jump ship. For one agent at Hawaii Life, it was too much to resist.