Top 10 frequently asked questions about eXp Realty Services
We here at Smart Agent Life have a great time helping our colleagues grow their agencies through eXp Realty Cloud Services. Below are the hottest questions raised by our fellow agents and answers that may help you move forward with eXp Realty.
What is the commission split for eXp Realty?
The split is 80/20 until reaching an annual cap of $16,000. eXp Realty uses their 20% to support the growing brokerage, technology, and the revenue sharing program.
What is the annual cap for eXp Realty?
After an agent pays in $16,000 in a calendar year, they move to 100%.
How does eXp Realty revenue sharing program work?
eXp Realty’s model allows agents to participate in one of the highest revenue sharing plans in the industry. Agents can build a passive income stream with their participation.
Does eXp Realty offer franchises?
Unlike common brick and mortar brokerages, eXp Realty has no franchise. This means no franchise fees, royalties or desk fees.
Where can I see what eXp Realty’s current stock price is?
Check eXp World Holdings, Inc. (OTCQB: EXPI) the holding company for eXp Realty, LLC, the Agent-Owned Cloud Brokerage®.
How many real-estate agents are affiliated with eXp Realty?
Since February 2018 eXp Realty has surpassed 8,000 real estate agents across the United States and Canada.
What is the eXp Realty Cloud?
Agents can be at the office in the comfort of their home. They are able to connect with all their fellow agents when they log in to the company cloud. It is a 3D world that gives agents all of the tools and resources they need to build their businesses.
How does eXp Realty compare to a traditional real estate company?
eXp Realty is virtual real estate brokerage (cloud-based). There are no brick and mortar offices. This saves agents unnecessary overhead and commuting costs. Their goal is to support agents’ growing business and making sure it’s future-ready.
If I bring my team to this new system. How does eXp Realty support me and my team?
eXp provides 20-25 hours of live classes each week, guest speakers, workshops, and on-demand training and support. They also have team commission packages.
What type of training and technology does eXp Realty offer its agents?
Never stop learning with more than 15 hours of live training each week on eXp Realty tools and business best practices. In eXp World, agents also gain instant, live support from eXp Realty’s agent services, technology, and finance experts.