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Denman Group eXp Realty: A New Era Begins

The Denman Group Joins eXp Realty: A New Era in Real Estate Leadership

The Denman Group, a powerhouse in Massachusetts’ luxury real estate market, has officially transitioned from Compass to eXp Realty, marking a strategic pivot toward a cloud-based, agent-centric future.

Under the visionary leadership of Todd J. Denman, the team has closed over $1 billion in lifetime sales and is renowned for its white-glove concierge service and deep client loyalty. The move to eXp Realty not only reflects internal ambition it mirrors a seismic shift happening across the global real estate industry, where technology, equity, and decentralization are reshaping how agents work, collaborate, and build wealth.

Who is Todd J. Denman?

Todd J. Denman’s story isn’t one of privilege but persistence. He began his career working on construction sites with his father, developing an intimate understanding of homes from the ground up. This hands-on experience shaped his deep appreciation for craftsmanship, value, and client trust foundations that would later define The Denman Group’s success.

Leo Pareja, CEO of eXp Realty, leading innovation and global growth in real estate.

Denman believes real estate isn’t just about transactions—it’s about legacy. Over 75% of his business comes from repeat clients and referrals, a testament to his integrity-first philosophy. His mentorship-driven approach focuses on empowering agents to achieve financial freedom, not just short-term commissions.

“Real estate should be about legacy… At eXp, we can build that future together.” Todd J. Denman

Inside The Denman Group

The Denman Group has long been one of New England’s most respected real estate teams, combining luxury service with a client-first mindset.

As the #1 Compass team in New England (RealTrends 2024), The Denman Group reached a crossroads. While Compass provided brand prestige, Denman sought greater autonomy, scalability, and ownership values better aligned with eXp Realty’s cloud-based model.

The group’s “white-glove” approach blends high-touch client service with local expertise. Every client experience from staging to closing is managed with meticulous attention to detail. Their 2025 goal: exceeding $200 million in annual sales through technology-driven collaboration.

Why The Denman Group Joined eXp Realty

The decision to move to eXp Realty wasn’t made overnight; it was strategic, future-focused, and values-driven.

eXp Realty operates in 29+ countries with over 82,000 agents worldwide, offering real-time collaboration through Virbela, its immersive virtual platform. For Denman, this global reach provides opportunities for network expansion, scalability, and brand visibility beyond local markets.

Unlike traditional brokerages, eXp allows agents to earn company stock (EXPI) and participate in revenue sharing. This model supports Denman’s vision of helping agents create long-term wealth, not just commissions.

“We’ve outgrown the traditional brokerage model… eXp puts us shoulder to shoulder with the best teams in the business.” Todd Denman

Understanding eXp Realty’s Model

As a subsidiary of eXp World Holdings (NASDAQ: EXPI), eXp Realty is the world’s largest independent real estate brokerage. It operates fully in the cloud, eliminating physical offices while offering real-time training, mentorship, and collaboration.

Through its acquisition of SUCCESS Enterprises, eXp integrates SUCCESS Magazine and personal development resources into its ecosystem, offering agents world-class leadership and mindset training.

Academic Insights on eXp Realty

A 2025 research paper by Shokrollahi, M., titled “Investigating the Relationship Between Organizational Agility and Innovation in Real Estate” (ResearchGate), affirms the superiority of cloud-based brokerage models.

Key findings include:

  • Cloud brokerages like eXp foster innovation and scalability.

  • Non-hierarchical structures enable faster decision-making.

  • Profit-sharing and stock incentives increase agent retention.

  • Real-time collaboration enhances learning and performance.

This research confirms what Denman and many forward-thinking leaders already know — the future of real estate is digital-first and agent-driven.

Competitive Landscape & Industry Context

The Denman Group’s move comes as Compass undergoes major transitions, including integration with Anywhere Real Estate. Across the U.S., mega teams are gravitating toward platform-based brokerages that prioritize ownership, mentorship, and technology.

Keller Williams, RE/MAX, and Compass continue to rely on hybrid models, but eXp’s pure-cloud architecture offers an unmatched combination of flexibility and profit-sharing.

The Denman Group’s Future Vision

Now part of eXp Realty, The Denman Group is poised for national growth. Denman aims to build a multi-state expansion network, leveraging eXp’s technology and training systems to mentor emerging leaders.

His focus: blending high-end client service with agent empowerment, positioning The Denman Group as a national benchmark for luxury cloud brokerage teams.

Key Advantages of eXp Realty

Feature

Traditional Brokerages

eXp Realty

Commission Model

Fixed splits

High splits + revenue share

Infrastructure

Physical offices

100% cloud-based

Training

In-person, limited

50+ hours/week virtual training

Equity Options

Rare or none

Stock ownership & purchase plans

Global Reach

Regional

29+ countries

Collaboration

Siloed teams

Global virtual collaboration

Mentorship Access

Limited

Open, real-time mentoring

Conclusion: The Future is Cloud-First

The Denman Group’s transition to eXp Realty is more than a brokerage move; it’s a statement of vision. Todd J. Denman is leading not just a team, but a movement toward agent ownership, innovation, and collaboration in a decentralized world.

As academic studies and market trends confirm, cloud-based brokerages like eXp aren’t the future; they’re the present reality redefining the real estate industry. For Denman and his team, the sky’s not the limit; the cloud is.

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