In this article we will cover Top 5 Reasons to Join eXp Realty! Why have I joined them as a new agent? Why should you join?
Watch this video on Top 5 Reasons To Join eXp Realty in 2021
Top 5 Reasons To Join eXp Realty in 2021
1) Low Brokerage Fees (eXp Realty Commission Split & Fees):
Some brokerages would ask you up to $1500 / months in fees or keep close to 50% of your split!
- When you are a new agent, you are not making any money to pay that much.
- If you are an experienced agent, that money can be spent on lead generation, marketing or stay within your family.
eXp Realty has one of the lowest brokerage fees available on the market with a great name and reputation!
If you join eXp realty, this would be your fee structure as of today:
- No Desk Fees
- No Royalty Fees
- Keep 80-100% of your commission with a low company cap of $16,000.
Standard costs for USA:
- $149 start-up fee.
- $85 /month cloud brokerage fee.
- 25 transaction review fee.
- $40 risk management fee.
2) Revenue Sharing (Passive Income):
Real Estate Agents do not get the benefit of retiring, if you stop selling, you are not getting paid anymore. This is not the case with eXp Realty!
If you join eXp Realty, you can build passive income in Revenue Sharing that is willable to your family members!
Basically, if you were to invite other people to eXp “sponsor” them to join eXp realty under your name you will join the Revenue Sharing plan.
- It doesn’t cost you to “sponsor” a person.
- The passive income doesn’t come out from the agent’s split! So, there is no cost to the agent you invited.
- Money comes from the brokerage fees paid by the agent.
You can literally invite enough people and create a passive income for yourself in addition to your Real Estate Activity.
3) Most Modern Technologies:
Joining eXp is joining a cloud based platform! It is comparable to Amazon and Netflix you could say. Unlike majority of Real Estate Brokerages today, you can literally log in into an online VR brokerage and meet with your broker and support team! Attend training and seminars from your computer.
- You can visit your brokerage.
- Get IT support.
- Webinars and training.
- No need to drive to your brokerage daily.
- You get access to kvCore, an amazing software for real estate agents!
- Access to Workplace by Facebook.
- Powerful lead generation platforms provided at no additional cost.
- Integrate listings with your own WordPress website.
- Optional in-house lead generation program.
- Live training and more!
Contact me for all the details!
4) One of the Fastest Growing Brokerage in North America:
Joining eXp realty is joining over 50,000 agents world wide! It is huge company with tons of opportunities!
Countries that joined eXp Realty World Wide and it is still growing!
- Hong Kong
- Puerto Rico
- South Africa
- United States
5) Building Equity (Stocks and Shares):
When you join eXp realty you can enroll yourself into an option of using another 5% of your split to buy company shares at a 10% discount!
It is a publicly traded company that is growing rapidly and personally I have enrolled myself into this option, because you can opt out at any time and I like the idea of building more passive income!