"With a strong residential property market in the tourism sector, easy international access and attractive incentives for foreign investment, the Dominican Republic is the ideal market to expand our growing brand.".
SANTO DOMINGO – A new technological tool that will allow real estate agents to develop business plans entirely digitally has arrived in the Dominican Republic. eXp Realty is the first global brokerage agency to transition from a physical office to a cloud-based platform.
This platform offers a range of technological solutions for agents and real estate, including its innovative residential and commercial brokerage model, professional services, collaborative tools, and personal development.
"As we continue to grow in the Caribbean and Latin America, there has been great interest from agents in the Dominican Republic, a perfect step to expand our footprint," said Michael Valdés, President of eXp Global, who is responsible for eXp's worldwide expansion.
"With a strong residential property market in the tourism sector, easy international access, and attractive incentives for foreign investment, the Dominican Republic is the ideal market to expand our growing brand," Valdés said.
Among the new features that eXp offers to agents are significant equity opportunities such as income sharing and equity equity programs; a cloud-based environment with no office fees, allowing you to work from anywhere; real-time support; more than 50 hours of weekly online training; equity rewards for meeting production targets; access to professional services, listing services, and client services, among other benefits.
Marbel Lugo, Broker, is the representative for the country and will serve as a liaison to guide and offer information to those interested in joining eXp Dominican Republic; she stated that the company's objective is to provide real estate agents with a better quality of life through an innovative business model that combines the company's cloud-based virtual environment, cutting-edge marketing resources, constant world-class training, and a global real estate community for the agent network.
“It is an honor for me to represent a multinational company of eXp Realty’s caliber and to contribute my more than 20 years of experience in the real estate sector to achieve our goals. Being part of a network of more than 75,000 agents worldwide, and witnessing the rapid growth we are achieving in such a short time, fills us with satisfaction,” said Lugo.
About eXp Dominican Republic
eXp Dominican Republic is a subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty®, Virbela and SUCCESS® Enterprises.
eXp Realty is one of the fastest growing technology real estate companies with around 75,000* agents in the United States, Canada, United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, Germany, and the Dominican Republic* and continues to scale internationally.
As a publicly traded company, eXp World Holdings provides real estate professionals with a unique opportunity to earn equity awards for production goals and overall contributions to the company's growth.
Cloud-based brokerage is powered by Virbela, an immersive 3D platform model that is deeply social and collaborative, enabling agents to be more connected and productive. SUCCESS Enterprises, anchored by SUCCESS magazine and its owned related media, was established in 1897 and is a leading brand in personal and professional development and publishing.
