Empowering Real Estate Agents with Virtual Collaboration at eXp Realty Using Virbela

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Empowering Real Estate Agents with Virtual Collaboration at eXp Realty Using Virbela

Virtual from the Start

eXp Realty, a prominent real estate company, recognized the importance of virtual collaboration early on, especially after the Great Recession of 2007-9. Glenn Sanford, the founder, understood the need for innovation in the industry and the advantages of a virtual world. By adopting Virbela as its virtual solution in 2016, eXp Realty embraced a new way of working and launched eXp World, a virtual environment that now hosts over 85,000 real estate agents across the US, Canada, and 20 other countries.

Innovation In Action

The success of eXp Realty can be attributed to the innovative approach of using Virbela's virtual worlds. With Virbela's ability to scale and accommodate tens of thousands of users, eXp agents can collaborate seamlessly, fostering a culture driven by teamwork and support. The company's focus on teamwork has not gone unnoticed, as eXp Realty has been recognized as one of the Best Places to Work in the US for five consecutive years. The agents at eXp value the work from wifi setup, work-life balance, support offerings, agent diversity, and access to cutting-edge technology.

Cost Benefits and Rapid Expansion

By leveraging the cost benefits of a virtual world, eXp Realty has been able to invest in attractive compensation and training programs for its agents. The significant savings from avoiding physical office spaces have enabled eXp to attract and retain top talent, thereby fueling its rapid growth. The scalability of Virbela has played a crucial role in supporting eXp's expansion, ensuring that close collaboration is maintained even as the number of agents grows exponentially.

Empowering Agents and Building a Unique Culture

eXp Realty prioritizes agent empowerment through initiatives like eXp University, offering over 50 hours of virtual classes weekly to help agents enhance their skills. The company also hosts virtual meetings and conferences that mimic real-life events, fostering a sense of community and collaboration among agents. By creating a unique culture that breaks the mold of traditional real estate companies, eXp Realty has become a global leader in the industry, showcasing the potential of virtual collaboration and fostering a supportive environment for its agents.

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