In what is at least the fourth major coup of its kind, eXp Realty this week scooped up the Adam Olsen Team, a high-performing outfit based in Houston, Texas.

Adam Olsen

Prior to joining eXp, the team was independent. It has 40 members, including founder Adam Olsen. A statement noted that the team has done more than 500 transactions in the last 12 months, “ranks in the top 1.5 percent of all residential real estate sales professionals in the US,” and is one of the top teams in the Houston area. In addition to Houston, the team also has offices in Dallas, Waco and several other Texas communities.

April has been a banner month for eXp’s recruiting efforts. On April 2, the virtual brokerage announced it had picked up a high-performing Keller Williams team in Salt Lake City. Days later, a RE/MAX team in the Washington, D.C., area also joined eXp. And then midway through the month the brokerage lured in an independent team in the St. Louis area.

Different teams have cited different reasons for jumping to eXp, but recurring themes in these moves include the company’s virtual orientation that allows for more streamlined expansion, as well as its compensation programs. Among other things, eXp rewards agents with company stock.

In Olsen’s case, he founded his team in 2015. Prior to that, he spent three years at RE/MAX, and did an earlier stint at Keller Williams.

Andrew Franklin

In the statement, Andrew Franklin — leader of eXp’s top team — said he was excited for Olsen to join the company and praised the team’s work.

“What they have built in the short time their team has been around in the Houston area,” Franklin said, “is nothing short of spectacular.”

Email Jim Dalrymple II

eXp Realty | teams
Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription