Blogger, broker, and Zillow employee Jay Thompson announced the merger of Thompson’s Realty with eXp Realty, a cloud based nationwide brokerage on their brokerage blog.
Jay commented the following about the move: “Simply put, eXp gets technology. They also get what real estate agents need to be successful. They offer their agents tools, processes and applications that Thompson’s Realty can not. They offer the stability of a national brokerage. Their philosophy for agents and clients alike mimics our own.”
In an industry hard pressed for brokers to provide the tools that agents need to compete in a competitive online marketplace, can this move be seen as the beginning of what might be more to come?