Innovation

The History of the Brokerage Model

The traditional broker-centric real estate brokerage model has existed since 1908, relatively unchanged. Arguably, the advent of the 100% model in the 80’s challenged the traditional fee structure, but the broker still owns the business and scoops the profit off the top. Why not be the owner? Why not prepare for retirement like the traditional broker has been doing for more than 100 years? It’s your career, Why not Own It?

The eXp Realty brokerage model has turned the traditional way of doing business on it’s head. All eXp agents have the opportunity to own stock in their company. The voice of the agent-owners is heard through the Agent Leadership Council. As the our company grows both in agent count and in transactions, the value of our company grows…only now, agent-owners are the recipients of the growing value. It is truly a game changer.

Learn more about eXp Realty.