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eXp Realty operates as a cloud-based real estate brokerage that facilitates the buying, selling, and renting of residential properties on a global scale. The company utilizes a virtual platform to connect clients with experienced real estate agents, making the process of finding and selling homes more efficient and less stressful. Unlike traditional brokerages, eXp Realty does not maintain physical offices, which helps to lower overhead costs and allows agents to work from anywhere. This unique business model also provides agents with the opportunity to become shareholders in the company, aligning their financial success with the company's growth. eXp Realty generates revenue through commissions on real estate transactions and offers various tools and services to support its agents.
Company Stage
Seed
Employees
10,001+
Industries
Real Estate
Total Funding
$760K
Headquarters
N/A
Founded
2009
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