eXp World Holdings Inc (NASDAQ:EXPI)

EXPI is a disruptor of the brick and mortar real estate agents, they are an online platform. EXPI concentrates on the agents, they provide an online platform for the agents, where they have to contribute a certain percentage of the revenues to the platform (up to a ceiling) and on whatever they make after that they don't pay any fees. This gives the agents excellent incentives to do as much business as they can on the platform, because each extra dollar they make is 100 % into their pocket, and this in turn incentivises them to offer discounts to the customers because they'd rather do much more business for a slightly smaller cut than do less business for the usual cut. The agents are very happy with the platform, the net promoter score is very high. The number of agents on the platform almost doubled last year. The agents are also incentivised to bring new agents to the platform because they make a cut on the amount of business made by the agents they brought in. Long story short, the platform has all the right incentives for the agents, which trickles down to the consumers. The management is also very highly regarded. The owners own a large part of the company and last year they were BUYING their own stock, that's a very bullish signal by the management.