Hello there, real estate enthusiasts! Today, I’m excited to share some interesting news from the industry that speaks volumes about the future of real estate. For those who haven’t heard, eXp Realty, a leading virtual brokerage platform, has recently spread its wings into the bustling market of Japan. This major expansion is a crystal clear indicator of the growing influence of virtual reality in real estate, not just in Southern California, my stomping ground, but across the globe.

Real estate professionals in Japan have had to work in a system that leaves very little room for growth. This is predominantly due to a structural problem in the traditional models that often swallow up huge chunks of agents’ earnings. Felix Bravo, Managing Director, International at eXp Realty, commented on this issue saying, “Agents in Japan have operated for years in a system that leaves little room for upside. Most models take too much and give too little in return. eXp flips that equation: better economics, true ownership, and global scale.”

So, what makes eXp Realty such an attractive proposition for Japanese real estate agents? The answer lies in its innovative model that puts agents first and offers an array of benefits that are not commonly found in traditional real estate models. Most notably, eXp Realty is 100% cloud-based, meaning there’s no office requirement. You only need a decent internet connection to connect with other real estate professionals and clients.

The company also sports an attractive commission structure to maximize agent income, with equity and revenue share programs that offer real ownership potential (subject to local laws). In addition, eXp offers a global referral network that encourages collaboration across many different countries and real estate markets.

Moreover, eXp Realty provides ongoing support and training programs to help agents improve their skills and stay competitive. Agents can benefit from live coaching, mentoring, and an engaged community via eXp World, LearnWorlds, and Slack.

As a real estate expert with an ear to the ground, I can see that this expansion is a massive step towards uplifting the industry and introducing the future of real estate to Japan. So, for all the agents out there in Japan who are seeking freedom, lucrative opportunities, and global connections, eXp Realty’s modern model represents an enticing opportunity.

One thing is clear from eXp Realty’s expansion into affluent markets like Japan – the future of real estate is increasingly going digital and the days of traditional brick-and-mortar estate agencies will soon be a thing of the past. Exciting times indeed!

This is your real estate blogger, signing off for today. Remember to keep exploring, keep learning, and embrace the future of real estate!

Original Article: https://lifeexpdev.wpengine.com/exp-realty-japan-expansion-a-modern-model-empowering-real-estate-agents/