eXp(US:EXPI) Globenewswire·2025-05-02 16:27Core Insights - eXp Realty is redefining its agent-centric model to enhance support for agents, facilitating faster integration and sustainable growth [1][3] Group 1: Joint Sponsorship Program - The Joint Sponsorship Program was announced at eXp's global event eXpcon Montréal, aiming to redefine agent relationships and enhance talent attraction [3][4] - Agents can now designate a primary sponsor and a co-sponsor, allowing for complementary skills to accelerate their success [3][4] - The program formalizes a co-leadership model, adjusting incentive structures to reinforce eXp's commitment to innovation and agent-first growth [5] Group 2: Program Highlights - Co-sponsors will receive first-level revenue sharing and 50% of the fast-start bonus, incentivizing them to support new agents [5] - The primary sponsor retains all revenue sharing from levels 2-7, ensuring fairness and existing benefits remain intact [5] - The program aims to boost onboarding and retention through enhanced communication and support [5] Group 3: Company Overview - eXp Realty is a subsidiary of eXp World Holdings, Inc., and is recognized as the largest independent real estate brokerage globally, with nearly 83,000 agents across 26 regions [7] - The company operates on a cloud-based model, offering leading commission sharing, revenue sharing, and equity opportunities to agents [7]