There are many reasons to choose eXp Realty as the place to run your real estate business, but training and education top the list. With access to your colleagues for real-time, anytime collaboration, you have a massive opportunity to take your business from surviving to thriving.
eXp Realty provides the tools and training to take agents with a desire to learn and grow to the level of success they are looking for. All you need to do is “plug in”.
Some agents confuse being comfortable with being complacent, or scared/nervous about making a move. We understand that making a move can be daunting. It’s eXp Realty’s goal to make this transition EASY for you!
Most agents meet their clients out in the field, at their home, coffee shops etc. If you or a client would prefer a more traditional office setting, you will have access to any Regus co-working office space available throughout Philadelphia and the surrounding counties. Regus has partnered with eXp Realty to provide working space to all eXp Realty agents.
Predicting income is difficult, but your earnings could be affected by sales ability, people skills, hard work, and market conditions. Also, take into consideration the cost and time necessary to establish a business that meets your individual expectations. Therefore, you should have sufficient capital to support yourself if your needs are not met as soon as you would like.
$149. That is it, just $149. This includes business cards, a great lead generating website and a cool contact management system. Once you get started on selling, the commission split is 80/20 until you reach $16,000 in company dollar. All agents start on an 80/20 split. 80% to you, 20% eXp. When the 20% to eXp reaches $16,000, your commission goes to 100% on all transaction you do until your anniversary year starts over again. For the unlicensed agent, getting started can run you up to $1500 for the costs associated with getting started on getting your real estate license.
Training is where we set ourselves apart from the competition. All of our training takes place online in a ‘virtual office’ environment. eXp Realty’s training covers everything from contracts to lead generation to successfully managing your new business. With the online resources, there will be no shortage of educational opportunities. You may also want to consider working with a mentor through eXp’s Mentor Program.
As an independent contractor, you are free to do business on your own terms and are not required to work 75+ hours a week. The training eXp provides will teach you time management and how to successfully run your real estate business.
Lead generation is the key to being successful in the real estate industry, so it’s important to learn how to do it. We provide you with many different lead generation methods including OpCity, Social Media, Blogging for Search Engine Optimization, working short sales, etc. Using these tools will ensure you are making enough contacts to be as successful as you want to be.
Although it’s not impossible, a part time agent is not likely to be as successful as a full-time agent. Part time agents usually are unable to attend training courses, sales meetings, and are not readily available to service their clients and customers. At eXp Realty we feel that our company gives you 100% of the tools, training, technology and managerial support needed to be a successful real estate agent. As a result, we expect a full time 100% commitment from you, the sales professional.
eXp founders created a fantastic way for the revenue to be easy to understand and easy to earn. If you bring another real estate agent into eXp Realty, you will receive 3.5% of their gross commissions earned on their transaction. This amount has nothing to do with the profitability of eXp for the month, quarter or year, just simple math. Your revenue share check is based on a simple 3.5% of that agent’s gross commissions. If they were to sell a home for $400,000 and the commissions generated are $12,000, you would receive $420 in revenue share. Pretty cool, huh. this 3.5% is paid until they complete their $16,000 in fees to eXp Realty. There is also a bonus structure that pays higher percentages based on the number of agents you attract to eXp Realty.
Bring on 10 cappers to the company, and earn $28,000 in annual revenue share. Encourage them to attract agents and then, the sky is the limit.