Are you ready to take your business to the next level? eXp Realty has just announced the launch of eXp Luxury! The new eXp Luxury Program offers agents tons of resources, including a dedicated luxury listing site, unparalleled marketing tools and assets, premium brand partnerships and advertising relationships, luxury certification courses and coaching, as well as masterminds and events. Stemming from eXp's commitment to innovation and providing the best luxury experience in the real estate industry, eXp Luxury offers a white glove service that will serve both agents and their clients around the world.
In general, the luxury real estate market typically includes the top 5 - 10% of listings in a specified area. Depending on what region you're in, high-end properties can expect to list at a $1 million minimum. For major metropolitan areas, like New York or San Francisco, starting prices can be as much as $4 million or more. But this market is currently booming. To put it in perspective, luxury home prices increased by 14.7% between 2020 and 2021 according to the National Association of Realtors. However, at the same time, the median number of days on market fell by 38 days year-over-year, proving that buyers were not discouraged by increased prices. Luxury real estate is clearly on the rise!
Many things factor into the classification of a property as luxury, including location, amenities, and design. While this market can be difficult to navigate due to changing standards across regions, eXp Luxury takes the hassle out of the luxury real estate business with its new platform. For agents who choose to join eXp Luxury, you'll have direct access to a council of experienced agents who will provide expert guidance on growing your luxury business. As an early member, you will play a key role in the continued development of the Luxury Program through your indispensable feedback.
We're so excited for this new opportunity to shape the future of luxury real estate!
Ready to learn more? Check out eXp Luxury
for more details!
Agents, don't sleep on eXp Realty! From revenue sharing to stock awards, let's talk about your opportunities to be an owner at eXp Realty. Contact us
today to jumpstart your business!