The comeback of the housing market sees an increase in new owners and investors looking to make a sizable income while owning their own businesses. The company behind the ‘Agent-Owned Cloud Brokerage’, eXp World Holdings, Inc. (OTCQB: EXPI), can attest to this growth with its 96% agent increase in 2015. The company, a full-service real estate brokerage that offers 24/7 access to tools, training, and information through a 3D cloud office environment, has become one of the fastest growing real estate brands in North America.
According to its president, Jason Gesing, the reason for this attraction stems from an entrepreneurial desire to own a business. The agents and brokers at eXp World Holdings are all shareholders, which means they can operate their businesses within a solid and successful framework. Adding to the attraction are the cloud-based resources provided by the company, which save money and time while engaging a wider internet audience than traditional brick and mortar offices.
Millennials, or people born between the 80s and early 90s, make up a huge portion of this internet audience. These millennials also make up the largest share of first time buyers at 68% and primarily want to purchase their first homes as the market returns. More and more young people will begin actively searching for homes throughout 2016. Since this generation relies heavily on the internet for researching and communicating, real estate brokerages should invest in accessible websites and social media to further market themselves.
eXp Holdings and its cloud-based platform offers easy access to properties and brokers so home buyers can make the most informed decisions. Catering to the needs of an internet savvy generation sets the stage for a booming year in real estate. eXp Holdings aims to continue its impressive climb by perfecting its resources and attracting more agents.
For more information, visit the company’s website at http://investors.exprealty.com
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