As you may have guessed, eXp Realty works a little differently than most real estate brokerages out there. Its unique setup allows it to offer agents more bang for their buck, in a manner of speaking. For this reason, it has become incredibly popular with agents around the world.
The Unique Way eXp Realty Works for Agents
eXp is in the business of selling real estate just like any other brokerage. However, it is based entirely on a cloud platform, allowing it to bring in agents from around the world—in fact, as of this writing, it operates in 24 countries worldwide!
With its flexible platform, eXp doesn’t have to pay fees to maintain brick-and-mortar offices around the world, allowing it to expand much more quickly. Plus, it can offer its agents more abundant opportunities to earn money.
eXp runs under an 80/20 split, which is pretty competitive in today’s market. It also provides agents with tons of revenue-earning opportunities. eXp agents can:
- Purchase stock in eXp World Holdings at a discount.
- Earn shares of stock when closing transactions or after meeting cultural and transactional goals.
- Sponsor one another in revenue-sharing relationships.
- Refer clients to various businesses in exchange for referral fees/commissions.
Ultimately, eXp Realty is one of the most lucrative brokerages in the world because agents have so many more opportunities to earn money. This helps them stay motivated to work hard and engage with other agents, creating a successful and tight-knit brokerage community!
If you’d like to learn more about the brokerage and whether joining eXp may be the right choice for you, I can help. Reach out to me and I’ll share more about how my team offers more services, support, resources, and community to make eXp an even greater place to work!