eXp Realty Launches in South Korea, Its Fifth New Country of 2025
BELLINGHAM, Wash. -- September 25, 2025
eXp Realty announced its entry into South Korea, its fifth international launch of 2025 and its second in Asia this year after Japan. The brokerage has also expanded into Peru, Turkiye and Ecuador this year and said it now has more than 82,000 agents across 29 countries.
Thomas Kim, a top-producing agent from Korea's traditional brokerage system, will lead eXp Korea. Agents will work without office requirements and will have access to revenue sharing, equity opportunities and eXp's global referral network. Felix Bravo, managing director of international at eXp Realty, said most Korean brokerages run on an old model built for the boss rather than the agent, and that eXp intends to replace it.
The launch supports eXp's 2030 goal of reaching 50,000 productive agents outside the United States. The company held a welcome event for agents in Seoul on the day of the announcement.
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