eXp Realty offers every agent the opportunity to join with a sponsor when they become a part of the brokerage. The sponsorship program at eXp is designed to help agents get the most from their business through the support of like-minded agents. The best eXp Realty sponsors are found in groups like the Agent First Group, where a community of like-minded agents joins together to help and encourage one another in every aspect of real estate.
What the Best eXp Realty Sponsors Do
The best eXp Realty sponsors will provide agents with a full range of support throughout their real estate journey. The job of an eXp Realty sponsor, as set by the brokerage, is to help new agents through the onboarding process. However, the best sponsors offer much more.
Many sponsors provide agents who join with them ongoing support and guidance throughout their careers. For example, at Agent First Group and other similar groups, agents engage in a strong community, gain access to extra resources, and partake in extensive learning opportunities.
Your eXp Sponsor Matters
If you don’t join with a good sponsor, you’ll be stuck floating on an island all alone without any support. It’s crucial that you join eXp with a sponsor who will provide you with ongoing support throughout the process of joining and working with eXp.
As a new agent, you’ll need help getting onboarded so you don’t get overwhelmed by the new technology and all the ins and outs of working with a virtual brokerage. Also, as you grow in your career, you’ll need supportive friends who can help you find education, referrals, and more tools to expand your client base and increase your income.
Once you join eXp Realty with a sponsor, you can’t switch sponsors. Whom you join with matters, because you won’t be able to switch if your sponsor fails you. So, make sure you pick a good sponsor from the start.
The Benefits of Agent First Group
Agent First Group (AFG) is one of the premier sponsorship groups at eXp Realty. AFG was founded by Jaime Resendiz, a longtime real estate agent and marketing expert at eXp Realty. Jaime founded AFG to provide agents with extensive support that helps them expand their real estate careers into lucrative businesses in no time.
Here are some of the main benefits you’ll find when joining AFG and eXp Realty:
- Community. AFG offers multiple weekly meetings with other members, real estate marketing experts, and eXp Realty experts to make sure agents collaborate and learn all they need to know about this great brokerage and the real estate business.
- Training. AFG offers free courses in Facebook marketing, YouTube marketing, kvCORE, investing, and getting the most out of eXp Realty’s revenue share program.
- Resources. AFG agents can access one-on-one coaching strategy sessions, personalized YouTube videos and agent attraction funnels, and many opportunities for growth and leadership within the group.
- Technology. As a benefit to joining AFG, agents can also access an AI Facebook Ads launcher, an AI property description generator, an AI property image enhancer, a FREE website, free landing pages, personalized social media content, and more!
- Lead Generation. AFG helps agents get more leads by providing done-for-you paid lead generation, virtual assistant support, strategy calls, training, and marketing blueprints.
In summary, AFG agents really do get it all. You can increase your business exponentially by appropriately implementing the lessons you learn from AFG classes and guest experts. You can engage with a community eager to support you and help you reach your goals.
When you join AFG, you’ll quickly figure out just how easy it is to create a powerful and successful business by following a few simple steps.
FAQs Of eXp Realty Sponsors
eXp Realty is growing fast! Right now, hundreds of agents are joining every day, and eXp currently boasts over 65,000 agents total. There are many questions that new agents ask when considering joining eXp. I’ve listed some of the most frequently asked questions below for your convenience.
Q: What is Revenue Share at eXp Realty?
A: At eXp Realty, you earn revenue share from agents you sponsor. When they join eXp, they can choose you as a sponsor and you will earn a share of their income while they remain with the brokerage. This cycle ultimately continues for up to seven levels.
Q: Do I Have To Recruit at eXp Realty?
A: No, you don’t have to recruit at eXp Realty. While you can recruit if you want to be a part of the revenue share program, you are more than welcome to simply sell homes.
Q: What Are the Fees at eXp Realty?
A: There are a few fees at eXp Realty. These include:
- $85 (per month) brokerage fee (covers tech, training, etc.).
- $25 (per transaction) broker review fee.
- $40 (per transaction) risk management (Errors and Omissions Insurance) fee.
Q: Are There Transaction Fees at eXp Realty?
A: There are transaction fees at eXp. AFTER you cap at $16,000, you will pay a $250 fee per transaction to eXp. This fee also caps once you have paid $5,000 in transaction fees into the brokerage. It then reduces to $75 per transaction. Note that this fee only applies after you cap; this is not a fee you have to pay while you are on a commission split.
Q: What Revenue Streams Does eXp Realty Offer?
A: eXp offers ten revenue streams in total. These include commissions, stocks, revenue share options, and affiliate partnerships, among others. You can find a full list here.
If you have more questions about eXp Realty, Agent First Group, or sponsors in general, don’t hesitate to reach out to me for help. I can provide you with deep intelligence about this brokerage and the sponsorship program. I’d be happy to help you get started on the next step in your real estate career.