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HomeProperty InsuranceEXp Nabs Excessive-Performing Engel & Völkers Crew In Utah's Park Metropolis

EXp Nabs Excessive-Performing Engel & Völkers Crew In Utah’s Park Metropolis

The Lawson staff works with high-end properties in Park Metropolis and different Utah communities. The staff’s leap to eXp is the newest in an ongoing pattern of groups migrating to the techie brokerage.

Quick-growing techie brokerage eXp Realty revealed this week that it has nabbed the Lawson Crew, a excessive profile Engel & Völkers group primarily based in Utah’s ritzy Park Metropolis.

The Lawson Crew contains 15 brokers and 5 administrative employees. In accordance with an announcement from eXp, the staff has achieved $296,113,605 in quantity over the previous 12 months and closed 204 offers. The staff has an extra $32,259,063 in quantity pending proper now, and the entire pending offers will migrate over to eXp with the staff.

EXp additional described the Lawson Crew as the highest worldwide Engel & Völkers staff in 2019 and 2020.

David Lawson

President and CEO David Lawson based the staff greater than 20 years in the past. The staff works with high-end properties in Park Metropolis, which is thought for its ski resorts, costly properties and because the dwelling of the Sundance Movie Pageant. Moreover, the staff represents high-end listings in adjoining communities similar to Salt Lake Metropolis and Utah County.

The staff formally made the leap to eXp late final month earlier than publicly asserting the information completely to Inman this week.

The information of the Lawson Crew’s migration to eXp comes amid a string of victories for the digital brokerage. Simply final week, for example, eXp reported that it had managed to remain worthwhile within the second quarter of this 12 months regardless of a shifting and slowing housing market.

Latest years have additionally seen a slew of groups becoming a member of eXp. In some circumstances the groups have converted from older manufacturers, and the pattern has turn into sufficiently pronounced that recruiting has turn into a serious a part of the eXp story. Brokers who’ve spoken to Inman about this pattern have cited eXp’s group, income sharing and know-how as components of their determination to make the swap.

As of the top of June 2022, eXp had 82,856 brokers globally. That represents a web progress of 4,660 new brokers whole between the primary and second quarters of 2022.

The corporate has moreover vowed so as to add round 20,000 extra brokers earlier than the top of the 12 months, and founder Glenn Sanford has even floated the concept of eXp ultimately having as many as 500,000 brokers.

E mail Jim Dalrymple II


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