Introduction to Agent Ownership at eXp Realty
Here is a quick introduction to Agent Ownership at eXp Realty
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This is truly a very quick overview as I know you are all very busy and you generally want to get the bottom line and not hear all the fluff. So the above presentation focuses on the most important items and I will also tell you some of my personal experience. If you have questions about eXp Realty or would like to hear more please call me today at 571-446-0002.
With so many agents seeing the future of Real Estate in eXp, that proofs to me I made the right decision, by joining. Like I said in my presentation I am mad at myself for not acting quicker. I saw the writing on the wall when many of the mega agents and influences moved their business to eXp Realty. At that point however, I was not ready to make the move. I was comfortable where I was, not ready for a change and I might have been complaisant as well. Regardless of what it was that took me so long to discover what eXp Realty is all about, I am very happy I finally decided to look into it and as soon as I saw what eXp Realty had to offer I made the decision to switch the same day!
Quote from a Mega Agent who recently joined eXp Realty
The other day I listened to a video Clayton Gits did with Chad Madlom, a 100 Million Dollar Independent Broker in Denver Colorado on why he and his firm joined eXp Realty. His quote is “I missed the Amazon – the opportunity to get into Amazon, I missed Yahoo, I missed Google, I missed Uber, I missed Starbucks. It blows my mind, man…I’m not going to miss this one. And the cool thing is: it’s real estate!” I could not agree more with his quote. I am glad I am part of this forward thinking company and new trend in the Real Estate Industry.
Agent Ownership eXp at Realty
In the above quick exp overview presentation I talk a lot about the powerful agent ownership and really one of the main reasons why I decided to join eXp Realty. In the above presentation I spent a lot of time on this particular slide. The Agent Ownership, really was one of the main reason why I joined eXp Realty. Being able to become an owner without having to put up a large amount of money for a franchise or to simply buy into a franchise. At eXp I became an owner immediately after closing my first transaction.
ICON Agent Program
I love the ICON Agent Program. At eXp I have the ability to get my cap back in Stocks. After capping an agent can work towards generating my entire cap back in stocks. Being able to earn back your Cap sunds so much better than anything else out there right now. At eXp I saw the opportunity to becoming an owner and generating an additional income stream in my business. This will help me now and in the future. Basically if an agent is a high producing agent they can get their Cap back in stocks helping the agents accumulating wealth. As a Real Estate Agent I preach to my clients about wealth building all the time. By becoming a home owner my clients can accumulate wealth, same is true for me as a Real Estate Agent. By having ownership in a company I can accumulate wealth.
Agent Equity Program
At eXp Realty I have the option to purchase stocks with every transaction I am doing at a discount. Wow. Can you imagine having an opportunity like this and passing it up! When I initially saw the eXp presentation the Agent ownership is really what convinced me to joining eXp Realty immediately. I even mention in the above presentation that I am mad a myself for not making the move quicker.
I have to admit I am not a recruiter. First and foremost I am a Real Estate Agent. The revenue share part wasn’t the driving force for me to join eXp Realty. However, getting revenue share checks is sure very nice. It gives me great pleasure to share eXp Realty and all its benefits, with my Real Estate agent friends. Because eXp Realty is a cloud based company and doesn’t spend much money on overhead, eXp Realty is able to share Revenue with their agents. If anyone has questions I will be more than happy to explain how the single agent revenue share and how to unlock the cascading revenue share model works.
The unlimited potential of the revenue share option eXp Realty offers is very attractive to many agents especially some of the mega agents that have a huge following. Again, this was never my main reason as there are so many more outstanding features eXp offers, but like I mentioned earlier, I have no issues getting the revenue share checks.
Why is eXp so successful
eXp Realty is not a Franchise and does not have the high fees a regular Real Estate Brokerage has. Since everything is truly cloud based cost can be controlled and agents are really not confined by any location. eXp Agents can collaborate nationwide with other high producing agents and since all the agents are owners in the company everyone is interested in seeing their fellow eXp agents succeed.
There is a lot of live training for agents to attend and also a lot of recorded training for agent to catch up on their time. The training is one item that attracts many agents but also the fact that agents can get Real Time Support from technology, agent services.
Most brokerages do not have agent ownership or if they do it is very expensive for them to buy into a franchise. Here at eXp Realty agents become owners with their very first transaction they conducted.
There is so much buzz going on about eXp Realty, check out some of the below quotes. Everyone is talking about eXp Realty. Don’t miss out.
New Way of working in Real Estate
Future of Real Estate
Agent Centered and agent focused Real Estate Company
eXp Realty is a true innovator and has revolutionized the Real Estate World. There really has never been a company that has its agents as much in mind as eXp Realty. If you are looking for a new company I would recommend to taking a look at the future of Real Estate. In my opinion eXp is truly the future of Real Estate.
eXp Realty Commission, Cap and Fees
In the below slide you can see the Commission, Cap and all the Fees as an overview. The commission, cap or any of the fees really were not a factor for me personally when I decided to make the switch to eXp Realty, but it is sure nice to have a low cap and it is outstanding to see what great tools eXp Realty offers their agents.