For real estate agents eager to significantly boost their income, use the latest technology, and connect with the elite top 1% in the real estate industry, joining eXp Realty the right way is essential. In the online brokerage model of eXp Realty, the onboarding process can feel daunting, but we’re here to provide a detailed, step-by-step guide on how it operates.
In the following sections, we’ll cover the application process at eXp Realty from beginning to end. Additionally, we’ll include helpful tips to ensure you begin your journey with eXp Realty in the most effective manner possible.
Joining eXp Realty: A Step-by-Step Guide to Join eXp Realty
Let’s begin. Our goal is to efficiently onboard you to eXp. The key steps in your journey to joining eXp Realty include:
1. Completing and submitting the eXp Realty Application and Independent Contractor Agreement (ICA).
2. Verifying your real estate license.
3. Securing approval from a broker.
4. Going through a review of your documents.
5. Transferring your license.
6. Becoming an officially active agent with eXp Realty.
Next, we’ll delve into each of these steps for a clearer understanding.
Step 1: Apply
Start by visiting the eXp website. Click on ‘Apply As An Agent’ and then select ‘New Agent’. Proceed to enter the required details to create an account and join the eXp Realty app.
IMPORTANT: Remember to note down your personal code, which can be found at the bottom left of your screen. This code is crucial for tracking notifications about your onboarding progress throughout the application process. Also, sharing this code with your sponsor at eXp Realty will let your sponsor check on your application on your behalf.
The application involves several key steps:
- Enter your personal details.
- Select a sponsor (details on this will follow).
- Provide your real estate license information.
- Describe your experience in real estate.
- Provide financial information, including details about receiving payments, monthly fees, and participation in the agent equity program (which allows you to use 5% of your commission to buy eXp stock at a 10% discount).
- Sign your Independent Contractor Agreement (ICA) and other relevant documents.
Within 24-48 hours of submitting your ICA, the eXp Realty team will review it and respond. They will inform you of any issues and give instructions for officially transferring your license.
Do You Need Help?
As a new agent joining eXp, it’s common to feel a bit inundated. This might be your first experience with a virtual brokerage, joining a brokerage, or switching brokerages. Here’s a pro tip: expect to receive a substantial number of emails shortly after submitting your application.
To manage joining eXp Realty effectively, it’s important to read each email attentively. And don’t hesitate to seek assistance! For support during the onboarding process, feel free to reach out via email to:
- expertcare@exprealty.net
- agentonboarding@exprealty.net (specifically for individual agents)
Alternatively, if you prefer a more direct conversation, you can call or text (833) 303-0610 to speak with someone over the phone.
Step 2: License Verification
Once you’ve submitted your application, the next step involves the eXp onboarding team verifying your license with the details you provided. This part of the process is straightforward, requiring no action from you except to await completion. Typically, this verification is completed within 24-48 hours of your application submission.
Step 3: Broker Approval
In this stage, your application will be reviewed by the eXp broker team relevant to your country or state. As in the previous step, this doesn’t require any action on your part. The approval process also generally takes about 24-48 hours following your application submission.
Step 4: Undergo a Document Review
This step is primarily handled internally, meaning your role is mostly to wait at this stage. The eXp team will be busy reviewing the documents you submitted to ensure everything is in order and compliant. This process is essential to pave the way for your start at eXp.
Step 5: License Transference
At this point, the responsibility shifts back to you. Typically, within 48 hours of submitting your application, the eXp team will send you an email detailing the necessary steps for transferring your license.
These steps will differ depending on your state, so the email will include a specific overview for your state along with contact details of the managing broker in your area.
Remember, it’s important to inform your current broker about your move to a new brokerage. For a smooth transition, if you need a well-crafted “goodbye letter” template to leave your current brokerage amicably, feel free to email admin@jaimeresendiz.com with “Goodbye Letter” as the subject. Hundreds of agents have used it to help make the transition smoother.
After completing the license transfer, you become an official eXp agent! The next step is to set up your eXp Realty email alias and address. Once this is done, eXp’s internal teams will assist you in getting started with various eXp services such as Skyslope and kvCORE.
Setting Up Your Profile on the eXp Website
It’s time to dive in! Your first step is to navigate to the Optional Services section in your account and request access to kvCORE.
This outstanding real estate CRM, included in your eXp Realty monthly fees, offers you a host of features including a personal website and email and text auto-response capabilities, among others. It’s crucial to set this up early, as the entire process to gain access can take around 5 days. Getting started immediately will help propel your business forward quickly.
Once you’ve initiated your kvCORE setup, your next stop should be eXp Workplace. This is eXp Realty’s private Facebook Workplace group, an excellent platform for agents to network and share insights.
Additionally, make a point to explore eXp World. This virtual office environment allows you to visit various departments where you can find support for a range of queries, from onboarding and transaction details to technical assistance and more.
Tips for Getting FAST Transactions with eXp Realty
Having covered the process of joining eXp Realty, it’s time to focus on two critical elements for thriving as a real estate agent within the company:
- Choosing an effective sponsor.
- Following strategies to quickly secure transactions.
We’ll begin by discussing the importance of the sponsor.
Selecting the Best eXp Realty Sponsor
When you’re on the verge of completing your eXp Realty application, you’ll be asked to choose a sponsor. This is a crucial step, as a sponsor can significantly enhance your experience and success at eXp Realty.
A sponsor is essentially someone who played a key role in influencing your decision to join eXp Realty. This could be someone you discovered online, met at an event, or have known personally. You must pick the person who most inspired you to join eXp Realty as your official sponsor.
A committed sponsor at eXp Realty is dedicated to helping agents get off to a strong start and flourish in their new brokerage. The most effective sponsors provide a variety of programs, tools, and support to ensure their sponsored agents prosper.
Choosing the right sponsor is vital, as it’s a decision you cannot change later. The only way to switch sponsors is to leave eXp Realty for six months and reapply. I do NOT suggest doing this! This is why I highlight the importance of getting your sponsor right the first time.
Sponsor of Choice: Agent First Group
If you’re considering joining eXp Realty but haven’t yet found a sponsor, or are uncertain about the support they can offer, we’re here to help. Agent First Group is among the fastest-growing groups of sponsored agents at eXp Realty, thanks to the array of benefits we provide.
Having consulted with more than 1600 agents who joined eXp in recent years, I understand the needs of new agents regarding sponsorship. That’s why Agent First Group was created—to prioritize agents and support their success at eXp. Joining our group gives you access to:
- A dynamic community network with top agents, nationwide referrals, and frequent mastermind meetings.
- Exclusive training programs, including the Seller Accelerator, Buyer Accelerator, and Agent Attraction Accelerator.
- Consistent support through our Slack channel, personalized assistance, and one-on-one coaching calls.
- An extensive resource library with scripts, templates, funnels, and access to Agently.
- Superior services like private video editing, YouTube channel creation and management, and assistance in launching paid advertising campaigns.
If you’re still in search of a sponsor, feel free to reach out to us via the contact form on our website or by emailing admin@jaimeresendiz.com.
Secure Immediate Transactions
Now that you’re all set up—application completed, sponsor selected, and integrated into eXp’s online resources—it’s time to focus on acquiring clients. Here’s an effective strategy for quickly generating real estate leads and converting them into clients, potentially within a week:
- Start by visiting your social media profiles (e.g. Facebook, Instagram, LinkedIn) or, if you don’t use social media, your phone’s contact list.
- Beginning from the top of your list, send a direct message or text to each contact with the following message:
- “Hey, I know this is super random, but do you have a REALTOR® that you trust?”
- If they respond with “No” (and many will), quickly follow up with:
- “If I can provide you with relevant and accurate information, could I be your go-to REALTOR® for all your real estate questions?”
- Most of the time (about 95% of the time in our experience), people will agree. If they do, ask for their preferred email and phone number:
- “Awesome! What’s your preferred email and phone number?”
This approach is straightforward yet highly effective. Based on our data, sending this message to at least 25 people typically yields at least 1 client. Reaching out to 50 people often results in 2 clients, and 100 contacts could bring in about 4 clients, all in a single day!
Once you have their contact information, even if they are not immediately ready to buy or sell, you can add them to your database. Start engaging them with regular emails and texts as part of your drip marketing campaign. By following this simple method, you could add dozens or even hundreds of potential clients to your database in no time!
Become a Real Estate Agent Faster
As illustrated, joining eXp Realty and acquiring your own clients is a straightforward process. By adhering to the simple steps outlined above, you’ll be well on your way to success!
If you’re interested in joining eXp and would like a sponsor who can offer you easy-to-implement strategies for attracting more clients and guide you through the onboarding process smoothly, feel free to get in touch.
And with that, a warm welcome to eXp Realty!