LPT to open up 13 more states

Welcome Michael Valdes to LPT Realty

August 07, 20242 min read

Fly Like an Eagle

“This is a strategic step in our company’s growth trajectory, and Michael is uniquely qualified to lead this endeavor, having previously opened 86 countries across seven brands in his career.” - Robert Palmer

Exciting Leadership Update: Michael Valdes Joins LPT Realty as CEO of LPT International

Michael Valdez Joins LPT Realty

Big changes are underway in the cloud-based brokerage world! On Monday, LPT Realty proudly announced the appointment of Michael Valdes as the CEO of LPT International. Michael, formerly the chief growth officer at eXp Realty, is set to lead LPT Realty’s ambitious international expansion.

In his new role, Michael Valdes will oversee LPT Realty’s efforts to venture into international markets, including Canada, later this year. With his extensive experience and proven track record, we are confident that Michael will drive our global growth and help us achieve new milestones.

Since its inception in 2022, the Robert Palmer-led LPT Realty has seen phenomenal growth, expanding into 24 states and welcoming over 13,000 agents to our network. This rapid expansion highlights our commitment to providing unparalleled opportunities and support for real estate professionals.

Michael Valdes shared his excitement about joining LPT Realty, stating, “I am thrilled to step into this role. LPT has been the fastest-growing cloud-based brokerage in history and is uniquely poised to expand this model globally. Robert is a true visionary, and I am honored and humbled to join this impressive company. I look forward to contributing to the unparalleled growth we are about to embark on.”

During his four years at eXp Realty, Michael played a crucial role in the brokerage’s international expansion, helping it grow into 22 new countries and adding 60,000 agents to its roster. His leadership experience at Anywhere Real Estate and Sotheby’s International Realty further solidifies his capability to steer LPT Realty toward global success.

LPT Realty offers a unique value proposition to agents, providing comprehensive marketing, technology, and training support for a $500 annual fee and a $195 transaction fee. Agents can also choose between two compensation plans: $500 per file with a $5,000 cap or an 80/20 split with a $15,000 cap.

Robert Palmer, the visionary behind LPT Realty, remarked, “This is a strategic step in our company’s growth trajectory, and Michael is uniquely qualified to lead this endeavor, having previously opened 86 countries across seven brands in his career.”

With Michael Valdes at the helm of LPT International, we are excited about the future and the opportunities that lie ahead. Stay tuned as we embark on this thrilling journey of global expansion and continue to provide unmatched support and growth opportunities for our agents.

Welcome aboard, Michael! Let’s soar to new heights together. 🦅✨


LPT Realty Logo

To get more information about LPT Realty and The Eagle Network,

call Rick Raanes today at 281-766-9820

[email protected]


Inman News Innovative Brokerage of the Year 2024

Inman News 2024 Innovative Brokerage of the Year!

Rick is our Houston Rockstar Agent with LPT Realty.  He has 20+ years of experience as a realtor, coach and mentor.  His extensive knowledge of local and national real estate makes him one of the best guys to get to know.  He loves helping real estate agents achieve their dreams.  Let's Fly Like an Eagle with the Eagle Network and LPT Realty!

Rick Raanes

Rick is our Houston Rockstar Agent with LPT Realty. He has 20+ years of experience as a realtor, coach and mentor. His extensive knowledge of local and national real estate makes him one of the best guys to get to know. He loves helping real estate agents achieve their dreams. Let's Fly Like an Eagle with the Eagle Network and LPT Realty!

Back to Blog