Based in 2004 and averaging $1.5 billion in gross sales yearly, the previous Windermere Properties & Estates franchisee is hanging a shingle with eXp Realty, broker-owner Wealthy Johnson introduced on Monday.
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The 200-agent crew, which was based in 2013 and has closed a median of $1.5 billion in gross sales quantity yearly over every of the previous 5 years, was constrained by the standard brokerage mannequin mentioned proprietor Wealthy Johnson, which spurred the transfer to eXp.
“Over the previous few years, regardless of our success, it turned obvious that the conventional brokerage mannequin was not serving the long-term wants of the brokers or the brokerage,” Johnson mentioned in an announcement.
“I’m so grateful for the assist and onerous work of all of our 200-plus brokers — on the time of the announcement — I wished to supply them an thrilling future with essentially the most compelling financial mannequin within the trade, an progressive, simple to make use of, and results-driven platform for advertising, lead-generation, coaching, teaching and collaboration with trade leaders, agent assist providers, and know-how instruments, whereas additionally sustaining the ‘private contact’ and concentrate on tradition, ambiance and high quality of life, all of which ensures the long-term monetary and private success of each agent and their households.”
In 2016, San Diego Properties & Estates obtained the Brokerage Achievement of Excellence Award by the San Diego Affiliation of Realtors. In 2015, it was named California’s Quickest-Rising Actual Property Brokerage by California actual property information publication firsttuesday Journal, based mostly on progress and variety of brokers.
In becoming a member of eXp, Johnson has additionally developed his personal distinctive idea to allow collaboration between eXp brokers throughout Southern California. By “eXp+ Collaboration Facilities,” Southern California eXp brokers will have the ability to entry all of San Diego Properties & Estates workplaces and providers, together with assigned desks and personal workplaces, if desired. This system will enable brokers at the digital brokerage to additionally profit from in-person interactions with different eXp brokers.
“I stay up for sharing our optimistic expertise with brokerages nationwide and exhibiting them why eXp is the way forward for the actual property trade,” Johnson mentioned in an announcement.
Correction: An earlier model of this story misstated that San Diego Properties & Estates was based in 2004, nevertheless, the corporate was based in 2013.