As a real estate agent, your office is wherever you are. So why use your commissions to pay for somebody else's building? eXp Realty is a cloud-based real estate brokerage with no brick and mortar offices. Because of this, eXp Realty’s overhead is lower than traditional brokerages.
With these cost savings, eXp can afford to pay its agents and brokers a percentage of the revenue generated from each agent they sponsor into the company. This creates opportunities for agents looking to generate additional streams of income. Time to get off the financial roller-coaster!
And eXp is growing at a remarkable pace. We've gone from a few hundred agents in 2015 to 23,000+ in 2019. We're in Canada, too — and more countries are coming soon.
At eXp Realty, each agent is provided a leading-brand, personalized IDX website that can be used to generate free leads and paid leads. Training is available 24/7 via video tutorials, and a dedicated tech support team is responsive and helpful.
Virtual offices — in eXp World — offer the opportunity to learn with meetings that can be attended live or viewed later, on demand. eXp staff are available to answer your questions, too.
There are dozens of online groups (via Workplace) filled with amazing eXp agents and brokers, available to answer questions about almost anything real estate related.
The culture here is fantastic. The core values at eXp Realty ensure that agents, brokers and staff members want to see you succeed — and are also willing to help you succeed. Success breeds more success. Everybody wins!
HEALTH CARE PLANS are here! These are not just open marketplace plans ... eXp World Holdings LLC has negotiated plans with lower prices for better quality care than you can find on the open market. For details about these plans, call me.
At eXp Realty, our Revenue Share model is robust and unmatched by any other major brokerage. All agents, new and seasoned, active and inactive, can earn Revenue Share.
When you sponsor other agents into the eXp Realty family, you earn a percentage of the commissions they pay to eXp (not the agent's share of commissions). You earn when the agents you sponsor bring in other agents, too ... local or nationwide. Up to 7 levels of Revenue Share that can change your life.
Best of all, income is earned from the agents you sponsor for as long as they remain with eXp Realty. Once an agent "caps" the Revenue Share ends for the rest of the year, but it starts again the next year. Amazing! (Questions? Call me!)
Also, you earn stock at eXp Realty, too! eXp is a publicly-traded corporation, listed on NASDAQ. You earn stock in certain milestone transactions. You also can re-direct 5% of your commissions to buy discounted eXp stock.
Some independent brokers look at the eXp Realty business model and wonder why they would merge their brokerage into eXp Realty when they can already recruit and earn income from sponsoring agents.
Here are 2 reasons why eXp Realty may be a better option.
1) SCALABILTY — VIRTUALLY LIMITLESS GROWTH OPTIONS: With eXp Realty’s model, you can scale your business to all 50 states and Canada (with more countries coming soon) and you do not need to join any additional MLS systems!
Not only can you personally sponsor agents from wherever you may meet or know them, but your sponsored agents can also tap into their networks all over the country, which will help build your organization even faster.
2) LEVERAGE: In independent brokerage models, the broker-owner is responsible for everything ... risk, E&O, recruiting, retention, systems/tools, accounting, training, transaction management, operations, etc.
At eXp Realty, you get to leverage all the support of more than 400 U.S./Canada-based employees that handle most of these tasks for you so you can focus on doing what an independent broker-owner does best — recruiting and sales. Additionally, you will see a massive increase in leverage on the recruiting side.
At eXp Realty, it’s not uncommon for agents to attract a handful of agents personally but have an organization of hundreds or even thousands of agents thanks to their agents sponsoring other agents, too. This is all because agents at eXp Realty get paid Revenue Share on up to 7-tiers down.
Check out this great video! Write down your questions and give me a call. (512) 845-4204
The earnings portrayed are not necessarily representative of the income, if any, that an eXp agent can or will earn through his or her participation in the eXp Sustainable Revenue Share plan. These figures should not be considered as guarantees or projections of your actual earnings or profits. Any representation of guarantee of earnings would be misleading. Success with eXp results only from successful sales efforts, which require hard work, diligence, and leadership. Your success will depend on how effectively you exercise these qualities.