eXp Realty®, the world’s largest independent real estate brokerage and a subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), has launched its commercial property division in the UK, bringing together residential and commercial operations under a single platform.
The new arm, eXp UK Commercial, makes eXp the first agent-powered platform in the UK to integrate both sectors into one model. It follows the company’s strong performance in residential sales, where its self-employed model has disrupted the traditional estate agency system.
“The UK commercial property sector has grown substantially. It’s a $10 billion opportunity hiding in plain sight,” said Adam Day, International Expansion Leader for Europe. “Traditional commercial models have kept too many agents from benefiting fully with the freedom, earnings potential, and flexibility to serve clients across all markets, but we’re changing that. Plus with the backing of our global community, agents can now maximise interest in UK commercial property on a global scale, not just a domestic one.”
Industry forecasts suggest that the UK commercial property market will generate £8.1 billion ($10.2 billion USD) in revenue this year, having expanded by more than 50% in the last decade, according to IBISWorld. However, the market is still dominated by conventional firms, leaving independent agents with limited scope for autonomy and financial reward.
eXp UK Commercial aims to shift this dynamic by offering:
- Services across office, retail, industrial, land, and mixed-use sectors.
- Specialist training, marketing, and operational support.
- A commission structure allowing agents to retain 70% of earnings, rising to 100% for top performers.
“eXp is scaling and evolving fast, but with intention. As we do, we’ll keep launching more global opportunities for our agents. After what we’ve successfully built in the UK, it made perfect sense to start there as the launch pad for our international commercial division,” said Felix Bravo, Managing Director, International at eXp Realty.
“This launch changes what it means to be a commercial agent in the UK. The business we’re building has to be seen to be believed. I’ve worked in commercial agency for nearly 10 years, and I’ve seen how little has changed for the people doing the work. Most agents are still building someone else’s business. This gives them a chance to finally build their own, with more control, better economics, and the backing of a global brand,” added Rob Jones, Head of eXp UK Commercial.
Jones, who has held senior roles in UK and international real estate, will lead the division. The UK will serve as the foundation for eXp’s broader international commercial expansion.
Agents interested in joining the new platform can find more information at exptoolkit.com/uk-commercial.