PennyLandSam
7 months ago
The difference is that EXPIs commission splits isnโt revenue. EXPIs 20% gets further split up amongst the upline of agents responsible for bringing the agent that sourced the original commission. The company makes their money through transaction fees and investing. The more agents they can recruit, the more transaction fees they can take, the more they can invest. Agent recruitment is the name of the game and their model is very attractive to top producers and recruiters.
Other brokerages keep their splits, take more splits, have higher annual sales caps, donโt offer compensation through stock, and have no opportunity to earn a passive income through recruiting.
Stock in Truth
6 years ago
My largest holding.
When I compare the revenue growth and revenues themselves to just about any other small cap stock typically they have market caps in the range of $3B to $8B.. examples includes GRUB, SHOP, and even ZG has a market cap nearing $10B on only 3X the revenues and a lot slower growth.
I'm always trolling news articles looking for small to mid caps to invest in.. time and time again I find companies with similar revenues to EXPI's last quarter sporting much higher market caps, or companies with much less revenues still having higher market caps. Every single stock in this article for example.
https://www.marketwatch.com/story/how-to-find-coming-of-age-companies-whose-stocks-could-rise-10-fold-2018-04-12?siteid=bigcharts&dist=bigcharts
Combined with the fact I know this company, visit the world, and expect agent growth to continue, and this seems undervalued and like a no brainer to me. It's my largest holding. I accumulated heavily in the 16 range with a lot of my profits I got from cryptos last year and hope to get myself closer to a 7 figure account with this company.