eXp World Holdings, Inc. (OTCQB: EXPI) is a fully-immersive estate brokerage that operates through a cloud office environment. The company offers 24-hour access to a range of training and tools, creating a sociable, 3-D platform that offers quality services to consumers. Cloud service brokers work as third-party providers who help strengthen and even sometimes build a relationship with consumers. The idea is to provide a service through the internet so that physical offices are no longer necessary. With the ongoing advancements in internet technology, EXPI adopted cloud-based tools and technologies that enable it to allocate its resources in more appropriate areas than in physical brick and mortar shops or unnecessary staffing costs. This said, eXp World Holdings, Inc. works toward “the goal of being the first truly agent-owned, cloud-based, full service, global real estate brokerage company that delivers around-the-clock access to collaborative tools and professional development for managing real estate brokers and agents.” This, in turn, means the company’s agents work toward more than just a financial goal. They are given the opportunity to be part of a team with a higher level of responsibility.
The days of shopping in stores, visiting supermarkets, and physically meeting with real estate agents are becoming less frequent. Today, people can shop for food, clothing, and everything in-between online. The property market is also veering toward the virtual world. Gartner Inc., the world’s leading information technology research and advisory company, predicts the worldwide public cloud services market will climb to $204 billion this year. Sid Nag, research director at Gartner, said, “The market for public cloud services is continuing to demonstrate high rates of growth across all markets and Gartner expects this to continue through 2017.” He continued, “This strong growth continues to reflect a shift away from legacy IT services to cloud-based services, due to increased trends of organizations pursuing a digital business strategy.” EXPI has focused its efforts on embracing cloud-based technologies in order to not be burdened by some of the physical investments faced by traditional real estate offices.
In a blog post titled ‘The State of the Market: Salesforce Powered Real Estate CRMs’, Active Rain, the largest online real estate community, said that its surveys showed that the more successful real estate agents were those who spent six times more on technology than those who are less successful.
EXPI’s efforts do not stop at staying up to date with the latest technology. The company continues to focus its efforts on its agents. Its view remains that “The greatest asset of any real estate brokerage is the group of agents and brokers who are a part of it”. This is why, at eXp World Holdings, Inc., the brokers and agents are also the owners. The company views its agents and brokers as a family and continues to provide regular training, strategy development, team building, and much more in order to ensure that its agents and brokers always have the right systems and tools in place to grow their international, publicly-traded company.
For more information, visit the company’s website at http://investors.exprealty.com