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Check out this great video from Gene Frederick
eXp Realty has changed the real estate brokerage model for good. Forward-thinking real estate professionals realize that our offerings are second to none. Between our Education, Lead Generation Software, Team Incentives, Stock Options, Low Fees & Caps, Revenue Sharing - eXp Realty is simply the best option for agents.
The founders of our brokerage made this program straightforward and easy to understand. If you bring another real estate agent to eXp Realty, you will receive 3.5% of their gross commission.
It has nothing to do with the profitability of the company that month or quarter, your monthly revenue share check from eXp is based on 3.5% of that agent’s gross commissions.
In the example below, one of your agents sells a $500K home and generates $15K in commission. You’ll receive 3.5% of the gross commission ($525). It’s just that simple!
The wonderful thing about this revenue share program is that you will keep receiving 3.5% of everything the agent sells until they reach their annual company commission cap of $16,000… and then it starts over again the next year!
The first line or level includes the agents that you’ve personally attracted to the company. The second line would consist of agents that your recruits brought to the company, and so on for seven levels.
If you personally introduced at least five agents to eXp Realty, then you would receive 4.0% of the commission from the agents in your 2nd line (agents that your recruits brought to eXp Realty).
If you personally attracted 10 real estate agents to eXp, you would receive 2.5% of the commission from the agents in your 3rd line, and it goes on from there.
As you will see in the chart below, you have to have personally introduced 15+ agents to qualify for the full revenue share amount (2.5%) in your 4th line and you will need to bring at least 40+ agents to the company in order to get the full revenue share amount (5.0%) in your 7th line.
If you have real estate agents in your 7th line, but haven’t yet attracted 40+ agents to the company, you would still receive 0.5% of whatever they sell.
Then, taking it one step further, what if your 10 agents each bring one agent to the company and then those agents each bring one agent?
You would have 10 agents in your 1st level(3.5%), 10 agents in your 2nd level (4.0%) and 10 agents in your 3rd line (2.5%). If each agent sold at least $2.66M each year, you could potentially earn a maximum of $80,000 per year. Amazing!
As we highlighted in the video above, let’s say that you brought 10 really excited, energetic real estate agents to eXp Realty and they each went out and brought 10 agents to the company. You would have 10 agents in your 1st line and 100 agents in your 2nd line.
If they are all cappers, you could potentially make $348,000 per year in residual income. This doesn’t even include having any agents on your other five levels in your revenue share downline!
As you can hopefully see, recruiting a few agents to eXp Realty will help you earn some extra money that you can add to your retirement account and/or allocate to your marketing in order to grow your business.
If you decide you want to attract multiple real estate professionals and help them attract even more, you can quickly move into a six-digit residual income every year with a revenue share.
What I love most about this program is that everyone has an incentive to help one another grow. For example, what if you bring a real estate agent to the brokerage and they are selling about $40,000 in gross commission (GCI) each year. You would make about $1,400 per year in eXp revenue share.
BUT what if you sat down with the agent and helped them with their lead generation and/or expired listing scripts and were able to get them to $80,000 per year in GCI.
Not only would you make an additional $1,400, but you would also have an incredibly happy agent in your downline.
No desk fees. No royalty fees. No franchise fees. Earn 80-100%+ commissions with a low company cap!
Does your current Brokerage offer a retirement plan? We offer a multi-faceted exit strategy for agents., including 28 ways to profit!
Industry-leading online marketing tools, virtual technologies & healthcare. The benefits go on and on!
Hundreds of hours of weekly live training &“how-to” video library videos to learn at your own pace.
The Swarm Group & Pathway Groups have helped 1,100+ agents build successful businesses, generate more leads, and expand their teams into multiple states.
Into the Swarm - brokered by eXp Realty
Please Note: This is not an official eXp Realty communication and the information is subject to change. eXp stock award amounts may change annually and the stock prices fluctuate regularly. The qualifications for the ICON Agent award also may change from year to year, so before joining our brokerage, please request a copy of the latest eXp Realty commission splits, fees, offerings, and awards.
Designed to help real estate agents build successful businesses, this website is owned and operated by Swarm Syndicate Corp. The leaders of Into the Swarm are independent agents at eXp Realty, so this is not an official eXp Realty website. The views and opinions of this site are those of the authors and do not necessarily reflect the official opinion or policy of eXp Realty or eXp World Holdings unless otherwise stated. Read Full Disclaimer Here
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