eXp UK, the platform for personal estate agents and estate agency businesses, claims to now be the UK’s largest estate agent, at least based on external data for May.
The fast-growing self-employed agency brand points to data from TwentyEA that shows significant growth in the number of properties listed in the last month, with eXp UK also seemingly topping the table with the most homes sold subject to contract.
The data shows that eXp UK has listed more new instructions than any other UK agent in May, with an apparent market share of 1.31% in the process.
TwentyEA’s data also appears to show that eXp UK secured the highest number of buyers, topping the table for the most homes to have sold subject to contract – securing them 1.42% of total market share in the process.
The head of eXp UK & Europe, Adam Day, commented: “Five years ago, we set out to establish the self-employed model within the UK to give agents the opportunity to build their own brand and business autonomously, whilst also benefitting from the support, guidance, training and technology of a truly global platform.
“However, our ambitions were always far greater and our intention was to be the biggest estate agency brand in the UK within five years of launch.
“In 2024, I predicted that we would be the largest estate agency brand in Britain within 12 months – and some of our competitors laughed. Today, I was incredibly proud to take the stage to kick off our UK conference and to reveal that we’ve achieved just that.
“Not only has eXp UK secured the highest proportion of market share with respect to new seller activity, but we’ve also topped the table when it comes to the number of homes sold subject to contact.
“This is testament to our fantastic network of agents across the UK and the tireless efforts they make to operate at the very top of their respective regional markets.
“We’re certainly not done yet though and we’ve got an exciting few days lined up in Birmingham where we’ll be revealing even more support, training and tools to help our agents succeed.”
Read the orginal article: https://propertyindustryeye.com/exp-uk-claims-to-now-be-the-biggest-uk-estate-agency/
