Why I joined eXp Realty As A Brand NEW Agent
Автор: Lillian Chukwueze
Загружено: 2021-03-20
Просмотров: 1709
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Why I Joined eXp Realty As a NEW Agent
Deciding on which brokerage to join when you’re first getting started as a brand new real estate agent can be confusing so in this video I breakdown the most significant reasons as to why I decided to join eXp Realty as a new agent.
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Being a real estate agent as your full time career requires you to constantly be chasing after the next deal if you want a good living so the commissions are important. As an eXp realty agent, you get an 80/20 split with a 16k cap then it will be 100%. And with 20 additional transactions at a $250 per transaction fee you become an Icon agent and that 16k goes to stock instead of getting a trophy or paper certificate. So one of the main reasons why I joined eXp realty is because, to my knowledge, it’s the only real estate brokerage allows you to build true wealth which is what I’m truly after. And being able to receive stock is huge because we know most wealthy people in America are invested in real estate and stocks.
Another reason why I joined eXp is because of the Revenue Share model. When you bring an agent in the company you get a percentage of their commissions but it doesn’t come out of their pocket. It comes from eXp!
Ex: My sponsor Terrence brought me into the company. When I close a 10k commission deal with an 80/20 split I get 8,000 or 80%, eXp gets 2,000 or 20%. Terrence will receive $350 which is 3.5 of the 10k gross commission. And that comes out of eXp’s 20%. Similar model to KW but the Big difference is eXp share’s revenue before expenses vs kw sharing after profits. So this basically means that you can get paid for simply attracting other agents to the business while you’re doing your normal transactions. It’s another great way to get paid in the company, and a great way to build residual income for yourself and your family. And the revenue share income is WILLABLE! So you can pass it down once you’re gone. That’s wealth!
I go over more reasons in the video but along with the minimal fees to join and remain active, and the fact that the brokerage is completely cloud based (online), I really think eXp brings a lot of innovation to the real estate agent industry. And it’s an opportunity for millennials like myself to get in and create our own brands and movements within the agent world.
So if you’re new and wondering which brokerage to choose? I think eXp is a great brokerage especially for newly licensed agents. If you have any questions or concerns about eXp realty I would be more than happy to answer them. Just drop them in the comments or email me [email protected] or if you’re ready to go and don’t know where to apply, go to here: https://lillianchukwueze.exprealty.ca...
Other relevant videos:
How To Pass The Real Estate Exam in 2021
• How To Pass The Real Estate Exam in 2021
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• Should You Get Your Real Estate License As...
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