eXp Realty Incentivizes Teams to Join with New Equity Incentive

eXp Realty announced the launch of its new Thrive program, which is designed to incentivize culturally aligned, producing teams to join the eXp Realty family.

Once onboarded, the team lead will receive an equity award based on their previous 12-month production, subject to future vesting.

"As a company committed to continuously pushing the boundaries in support of our agents, eXp Realty is always looking for new ways to enhance the agent experience," said Michael Valdes, Chief Growth Officer, eXp Realty. "Earlier this year, we introduced two incentive programs, Boost and Accelerate, aimed at helping independent brokerages and individual agents transition to eXp Realty. Now with the addition of Thrive, we are offering teams an accelerated equity opportunity. We understand that each team has its own unique culture and way of doing business, and we want to provide a platform for them to thrive in our agent-centric environment."

eXp Realty will provide this equity incentive to team leads of culturally aligned teams with more than 10 agents in addition to the team lead and a minimum of $40 million (U.S./CAD) in sales volume in the originating country over the previous 12-month fiscal period. International qualifications to be released. Additional qualifications apply. A core criteria of this program is for team leads to commit to team training and ensuring their team members integrate with the eXp Realty ecosystem as part of their cultural alignment with eXp.

The Thrive incentive program is rolling out in the United States and Canada immediately and will soon be available in eXp's additional 22 global markets, subject to applicable law. To learn more about eXp Realty's new Thrive program and how it can benefit your team, please click here.