PHOTO: Maria Stephens, SUPPLIED
eXp Realty, a titan in the global real estate industry, has hit turbulent waters in its New Zealand venture. Despite its massive global presence, eXp’s foray into the New Zealand market has been marred by challenges, in a difficult trading market for real estate agents over the last couple of years.
At the center of this turmoil is Maria Stephens, the managing director of eXp New Zealand. Once a prominent figure in the real estate realm, Stephens has seemingly exited the industry, now focusing her attention on her ownership of The Little Curtain Co. in Tauranga.
All emails directed to Maria Stephens at eXp are being forwarded to the eXp head office in New York.
eXp Realty Offers Teams a Compelling Equity Incentive to Encourage Joining
Compounding these internal challenges are the external hurdles that eXp has faced in the New Zealand market. With only 17 agents scattered across the nation and a meager 30 listings for sale, eXp has struggled to gain a foothold in a fiercely competitive landscape dominated by established players.
EXP Realty’s New Zealand head Maria Stephens says DON’T sell now
