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EXp Realty Expands South American Operations To Chile

With the brand new enlargement, eXp now operates in 22 markets and has greater than 84,000 brokers worldwide. Its established markets in South America embody Colombia and Brazil.

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On-line actual property brokerage eXp Realty has expanded additional into South America with the launch of its operations in Chile, the brokerage introduced on Thursday.

The enlargement builds on the corporate’s present presence on the southern continent with operations in Brazil and Colombia. With the brand new market, eXp now operates in 22 markets and has greater than 84,000 brokers worldwide. In lower than two years, the brokerage has launched operations in 18 markets.

Michael Valdes | Photograph credit score: eXp Realty

“Chile represents a strategic enlargement right into a rising and various market, whereas deepening our already sturdy presence within the Caribbean and Latin American area,” Michael Valdes, chief progress officer at eXp Realty, stated in a press release. “We’re thrilled to carry our agent-centric, progressive mannequin and main worth propositions to actual property brokers in Chile.”

Virginia Restrepo, an agent with seven years of gross sales and management expertise within the trade, will lead eXp’s operations in Chile.

“My mission is to alter folks’s lives,” Restrepo stated in a press release. “eXp Realty is an organization constructed for brokers and whose distinctive worth proposition, compensation mannequin and intensive digital assets are remodeling the trade normal.”

Most not too long ago, different worldwide market additions to the corporate’s operations have included New Zealand, Greece and the Dominican Republic.

Originally of August, eXp Realty reported double-digit progress in each earnings and income in the course of the second quarter of 2022.

E-mail Lillian Dickerson

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