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New England-based unbiased brokerage Bean Crew has made the bounce to eXp Realty. It’s the first brokerage to sign up for eXp Realty thru Spice up, eXp’s newly launched brokerage incentive program.
Introduced in June, the Spice up program provides a simplified incentive type. Upon becoming a member of eXp Realty, new brokerages can straight away notice the advantages of the partnership, which come with inventory fairness, removing of overhead prices, minimized brokerage possibility and legal responsibility, get entry to to brokerage enhance and operations, agent enhance and products and services, income percentage alternatives, and extra.
It’s open to any unbiased groups and brokerages which might be “culturally aligned” with eXp Realty, have greater than 50 brokers and no less than $100 million (US/CAN) in gross sales quantity within the originating nation over the former 12-month fiscal length, the brokerage mentioned.
“The eXp platform was once constructed to lend a hand brokers and groups be triumphant and thrive, and with Spice up we’re becoming a member of along side unbiased groups and brokerages that percentage our values, tradition and enlargement targets,” mentioned Michael Valdes, eXp Realty Leader Expansion Officer.
Bean Crew, which have been affiliated with LeadingRE, is without doubt one of the most sensible brokerages in Northern New England. Based by way of Michael Bean in 2003, it boasts a roster of most sensible actual property execs throughout Maine, Massachusetts, New Hampshire and Vermont and has an annual gross sales quantity in way over $1.5 billion.
Consistent with the newest RealTrends 500 brokerage rating, Bean Crew tallied $1.78 billion in gross sales quantity in 2022 throughout 4,016 transaction aspects. It ranked because the 184th biggest brokerage in The us closing 12 months. The staff has 24 places of work throughout New England.
The mixed marketplace percentage of Bean Crew and eXp Realty places eXp as No. 3 by way of marketplace percentage in New Hampshire and No. 2 in Maine, up from No. 5 and No. 3, respectively.
“By means of becoming a member of eXp Realty, we get the most efficient of each worlds,” mentioned Bean Crew CEO Michael Bean. “We will deal with our boutique tradition, logo and heritage whilst including the exceptional scale and assets of eXp Realty. Its agent-centric tradition and advantages align carefully with ours, and with this transition, we will be able to ship on our challenge to lend a hand our brokers and groups construct a hit actual property careers.”
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