A real estate franchise consists of a relationship in which a franchise owner allows real estate brokers to operate under its name, use its systems, and exist as an extension of the overall franchised company. Keller Williams, Century 21, Re/Max, and many more real estate brokerages operate as franchises…but is eXp Realty a franchise?
In fact, eXp Realty is NOT a franchise. It is a single, agent-owned company. If you want to join eXp, you can do so from anywhere in the world without having to pay a single franchise fee!
In fact, you get to own part of the brokerage as a whole, not just a single franchise in your area. Every single agent has the same fees, the same cap, and the same mission—selling real estate!
So, if you’re looking to own a franchise and spend $40,000 up front, complete an expensive office build out, sign personal guarantees on a commercial real estate space, and take on all of the liability…go for it.
But if you want to be a part of the fastest growing real estate brokerage, expand your real estate business beyond borders, and be an owner of your business without taking on all of the admin expenses and risk…eXp is the perfect place for you!
To learn more, just reach out to me and I can share more about how my team at eXp Realty has expanded beyond all expectations and become more than we could ever have been in a franchise model. If you want to access an amazing community and extensive resources and services without paying to join a franchise, connect with me today!