KUALA LUMPUR, Sept 8 (Bernama) -- Independent real estate company, eXp Realty has launched Accelerate, an incentive programme focused solely on helping eXp agents build for their future by maximising their revenue share earning potential during their first year with the company.
“In the lifespan of an agent, a critical component of long-term success is the ability to build for their retirement, so we launched Accelerate to help catalyse their potential earnings and create momentum in the first year and build for their future.
“We continue to be relentlessly focused on delivering a model that puts agents first,” said eXp Realty Founder and Chief Executive Officer, Glenn Sanford in a statement.
Available in all 24 countries where eXp Realty operates, Accelerate is applied to agents who joined on or after March 1, this year. The programme automatically opens revenue share tiers two and three for 12 months beginning Sept 7, creating the opportunity to have 10 front line qualifying agents (FLQA) immediately.
This can open up the eXponential components of eXp’s revenue share programme in that first year, whereby after the 12-month period, standard revenue share criteria will apply.
This launch comes on the heels of the company’s June announcement that, for the first time, was refining revenue share criteria for its agents, reducing the current FLQA tier seven threshold from 40 to 30 FLQA.
As part of its efforts to continually enhance its model, the company also launched Boost, a programme designed to financially incentivise qualifying independent teams and brokerages to join eXp Realty.
Revenue share is just one part of eXp Realty’s aligned compensation model, which also includes competitive commissions and stock equity programmes designed to enable its agents to build for their future.
-- BERNAMA
No comments:
Post a Comment