If you’re a real estate agent, you’ve most likely heard a lot about eXp Realty. We’re going to talk about how to join eXp Realty, but first, we’re going to dive into the question of how does eXp Realty work? I’ll explain what you must know before contemplating a move to join eXp.
eXp Realty Benefits
Agents will tell you about all kinds of important and useful benefits you’ll find when you start working with eXp. These benefits range from financial to personal and everything in between. But here are the main categories you’ll find helpful when making a decision to join.
Ownership
As an agent with eXp, you will get opportunities to take ownership by being awarded stock and purchasing stock at a deep discount. You’ll earn stock:
- On your first sale.
- When you cap (which is $16,000).
- When your sponsored agents make their first sale.
- As soon as you reach ICON status (meet specific cultural and transactional goals set by the company).
- By purchase, which you can do at a 10% discount.
Training
As an eXp agent, you’ll get tons of opportunities for training from expert agents from all around the world. The brokerage provides you with:
- 60+ hours of live training in sales, negotiations, and other important real estate topics.
- Thousands of hours of recorded training.
- Training from industry leaders across the world.
- Professional and business coaching.
- The opportunity to engage in the Mentor/Mentee program with an eXp mentor.
- Access to eXp University.
Support
eXp Realty does work mainly by supporting agents. Every agent at eXp has access to the full support of eXp staff and real estate experts. You can get support both in your business and in working with the eXp network.
- 7 days a week, eXp provides online support.
- Contract and compliance review will be provided.
- Over 1000 staffers are available at eXp to provide you with support.
- Administrative support is always around.
- Transaction review is also provided.
Revenue
There are multiple revenue streams at eXp Realty. You’ll find all kinds of opportunities for earning revenue in addition to a typical commission.
- eXp’s commission split is 80/20–you’ll get to keep 80% of every commission!
- The commission split you pay to eXp caps at $16,000, allowing you to earn 100% of each subsequent commission.
- Fees are small–you only pay $85 a month as a brokerage fee.
- You have multiple revenue stream options available, from sponsoring agents to working with affiliate partners, among others.
- Your growth potential at eXp Realty is unlimited!
Flexibility
As a worldwide, online brokerage, eXp provides its agents with tons of flexibility in how they want to run and grow their real estate business.
- Build your real estate team however you want.
- You get 3 personal transactions available per year with no commission splits.
- All transactions are paperless and take place in the cloud.
- You can collaborate with agents around the world.
- You have the option to work at any Regus office location around the world if you prefer an office setting.
Potential
The great flexibility at eXp means that eXp Realty really does work as a foundation for unlimited potential in how you want to run your business.
- You could expand your business into all 50 states leveraging eXp’s national presence.
- eXp has operations in 16+ countries you could be a part of.
- You’ll be able to engage in duplicable and scalable growth.
- It’s easy to build your business with a strong exit strategy.
- You reduce your liability by working as a leading member of a worldwide brokerage.
Technology
Agents at eXp Realty have access to all kinds of great technology. You’ll be able to scale up your business easily with the opportunities provided.
- kvCORE is a leading real estate CRM that you can access as part of eXp.
- eXp Enterprise allows you to track sales, your stock, and real-time performance on one easy platform.
- Skyslope provides you with complete online transaction management.
- eXp World is your base for real-time support and training; this is eXp’s virtual office.
- eXp Workplace is the place where you can connect with ALL eXp agents and staff around the world.
Agent First Group Benefits
When you join eXp, you have the opportunity to join with a sponsor, someone responsible for helping you make the decision to join eXp. This sponsor will provide you with guidance and support as you get set up with your new brokerage. Agent First Group (AFG) is the top sponsor group at eXp Realty, and for good reason! Hear what other agents have to say about how AFG makes eXp Realty work for them in so many ways.
As a member of Agent First Group, you’ll find tons of benefits that even eXp doesn’t provide. Your business potential will grow exponentially when you join AFG and eXp Realty!
Community
The community vibe at Agent First Group is strong. We work to build foundational relationships so we can support each other throughout the process of growth and development in our real estate careers.
We meet together weekly to brainstorm strategies for marketing to and working with buyers and sellers. In addition, we encourage one another and hold one another accountable for getting things done and improving our business. We meet all the time to make sure we are pushing our businesses forward!
Training
At AFG, we know that no agent is ever 100% perfect at their job. We all need training and we all need it on the topics that matter to us! You’ll find many training opportunities here–all for FREE.
- Facebook Ads course
- YouTube Ads course
- YouTube (Organic) course
- Investing course
- kvCORE training course
- Revenue share system training course
Don’t forget, each one of these courses is 100% FREE for AFG members!
Resources
As a benefit to joining AFG as a partner, you’ll get access to tons of free resources to help you start building your business. These include:
- Personalized YouTube videos
- A personalized agent attraction funnel
- One on one coaching strategy sessions
- A proprietary onboarding system
- Tons of leadership opportunities
Technology
As an Agent First Group member, you get much more than the basic eXp technology to help you. You’ll also be able to access the technology that AFG has been using to accelerate business for all agents!
- An AI Facebook Ads launcher
- AI property description generator
- An AI property image enhancer
- FREE website and landing pages
- Personalized social media content
Lead Generation
Lead generation is one of the most important and most challenging parts of a real estate business. With AFG, you’ll get tons of resources to help you do better at lead generation and get more from your leads.
- Done for you paid lead generation with Facebook, Instagram, Google, and YouTube
- Organic lead generation blueprints
- Virtual assistant support
- Lead generation strategy calls
- Lead conversion training
How To Join eXp Realty
Now that you see how eXp Realty works, you can see why it’s an opportunity you don’t want to miss. Just by joining eXp, you’ll inherit tons of resources, training opportunities, revenue streams, and more!
eXp Realty does mainly work by providing great opportunities for agents to get involved in a worldwide community and build their business how they want it without losing money by trying to start their own brokerage.
And when you add Agent First Group to the bundle, you’ll get even more in innovative training, an intentional community, and unlimited support to help you build your real estate business no matter where you’re starting.
Next Steps
- Fill Out an eXp Realty Application.
- Choose Jaime Resendiz as your official sponsor with eXp.
- Wait for application approval (takes 24-48 hours).
- Transfer real estate license to eXp Realty (you’ll get an email about how to do that once approved).
If you have any questions about how eXp Realty works and what the Agent First Group is all about, please schedule a discovery call with Agent First Group.