eXp UK teased the launch of ‘Teams’ at its final roadshow event in London last week, which was attended by hundreds of agents, including 65 people who are not currently eXp agents.
The six-part industry event, also hosted in Edinburgh, York, Manchester, Bristol and Birmingham, attracted lots of agents, including those curious to learn more about the business.
At the event in London, held at the Hilton Hotel in Paddington, eXp UK boss Adam Day marked a number of significant successes, including a 61% increase in instruction numbers and a 44% surge in partner agents year-on-year, record instruction numbers in April, while June saw 1,000-plus eXp instructions for the first time.
Day also made an announcement about future agent opportunities at eXp UK in launching their ‘Teams’ approach.
He said: “Teams will be the next evolution of the self employed model, enabling those who want to make the jump to join a pre-existing team led by an experienced eXp agent. In doing so, they will become part of an existing structure that supports them directly, rather than them being a solus agent.
“Compliance, training, marketing, shared leads, these will all be more accessible and curated for that team member under a direct, structured umbrella, all while maintaining their self employed freedom.
“It also gives solo agents who decide to join eXp, a route to expand and grow their business further with eXp, while allowing also giving the agents the flexibility to remain a solo agent – the power is in the agents’ hands
“I was delighted to be able to make this announcement at the close of our highly successful roadshow of events at which we had not only 400 agents invited to attend but over a quarter of them curious, non-eXp agents thinking about their future careers with us.”
Collaboration and Communication makes everything more effective.
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And for our next trick, here is our latest invention … an office!
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I’m with you Isa B… thank goodness someone said it.
eXp, will you please STOP improving your model for the benefit of agents and clients.
It’s getting very hard for agents stuck in 1982 to keep up.
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It is funny how some believe a high street office defines you as an estate agent. Geeze! The penny will drop at some point Scott that removal of offices, saving rent, saving business rates, 5/10 year tie-ins, etc, makes you more profitable but not at the expense of service for the client. If they focused on ‘break even’ figure they would work that out! Serviced offices will probably be used by more and more, on a month by month basis if people want to work from a single central location (I did that in 2004 and everyone thought I was mad then). However, remote working and delivering brilliant, full service estate agency with flexibility to work when needed, not just staffing an office where the weekend workers answer phones and cannot help anyone, because they know nothing about the sellers or situations they are in, is the future. Some larger companies will of course remain in the high street, but the world has changed – the pandemic has accelerated acceptance of this in the UK – and there is now more flexibility and choice for all. One is not better than the other – it is just availability of choice based upon personal goals and preferred method of working.
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And that thinking is why so many self employed are no longer in the industry and every on-line companies, including big names failed. Its not an accounting business model of what you can save, its what you can offer the customer which they want.
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My local exp agent has 2 houses on the market
Going so well
I used to work with that guy – he was utterly useless
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When you rattle their cage, the cult-ists start gibbering like baboons.
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Interesting that those with something to say do so using their real names whilst others who prefer spraying around obscure sarcastic remarks feel compelled to hide behind an alias. Only just noticed that….
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“Only just noticed…” Where on earth have you been Matthew? And, you forgot your hyphen.
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What hyphen?
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During the football season, teams from 100’s of different teams from around the world will declare that, ” …[insert team] is by far the greatest team, the World has ever seen…”
The simple maths means that not every team can clearly be the best.
What it does show is that we typically champion and cheer for the things we follow and the decisions we make. Somewhere between employed, self-employed, independent, corporate, franchise, high-street, hybrid or WFH is an ideal. That ideal is normally a choice based on requirements and experience. Once chosen, the cheering/ranting starts!
Maybe we can be grateful that there is a choice that encompasses a range of skills, abilities and objectives.
When it comes to experience, it’s mildly amusing that someone born in 1983 can have a view about being an estate agent in 1982…
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Proof is in the pudding. You like the idea or you don’t. Time will tell but please stop promising the world to people who livelihood depends on being sucked in. Sounds like the old sales speal of the 1980’s double glazing companies recruitment that only a few managed to stay the course.
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Maybe, if the High St valued their good employees better, the good guys and girls would stay? Only a thought. If the below average wanted to go out on their own because they can do it better, let them. Let the customer decide.
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why do some estate agents feel the need to bicker with each other, regardless of whether you do it employed in an office or self employed from your box room, get on with it and stop trying to convince yourselves and others around you, that you’ve made the right decision. Its like my dads bigger than your dad, grow the f**k up, you are adults!
Good estate agents that know they are good estate agents are just getting on with it.
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