The real estate industry is a tough one, with millions of people across the world venturing into it only to fail within a few years. Data shows that only one in every ten new real estate agents make it, showing the success rate is very low.
But since the launch of eXp Realty in 2009, the real estate industry has seen many agents, new and seasoned alike, join it. Why is this the case?
We’ll answer that in this article as we explore the 15 reasons real estate agents join eXp Realty.
eXp Realty agents are not restricted to a single line of business. The brokerage’s one-stop-shop offers the best residential, commercial, and wholesale real estate options without limits on services or brands.
2. Virtual Workplace
eXp Realty agents enjoy the benefits of their own virtual office in which they can work from anywhere, anytime. They have access to all real estate industry resources and tools without setting up a brick-and-mortar office business.
3. Cloud-based Platform
eXp Realty has a cloud-based platform where real estate professionals can do business from anywhere in the world–all they need is access to the Internet. eXp World will cover everything else, including training, marketing support, back-office support advisors, etc.
Agents work remotely without having any physical barriers like expensive brick-and-mortar offices ever since it started operating its virtual model.
4. Facebook Workplace
Facebook Workspace is a tool that helps eXp agents manage their time better by managing incoming messages. They can respond quickly and efficiently without interrupting conversations with clients or colleagues on other platforms, such as emails or phone calls.
5. 360° Support
eXp Realty agents benefit from the company’s 360-degree approach, including training programs for new agents, back-office support, management resources, and industry-specific advice. Agents have access to ongoing coaching throughout their careers to keep up with changes in the market and stay ahead of trends.
6. Virtual Recruiting
eXp World is one of the few companies that help match qualified real estate professionals – who want a change but don’t want to leave behind all of what they’ve built over the years – with those who need an experienced agent to help grow their business.
7. Live Training and Classes
The team at eXp World strongly believes in empowering agents to learn new skills to be successful. Hence, they offer programs where they can learn from the best in the industry for free.
eXp Realty offers live training and online classes to help agents stay updated with the latest trends in real estate. Topics range from social media marketing to client management, to closing skill-sets, finance, and more.
8. Competitive Commission Structure
The eXp World commission plan is designed so an agent can make money on all their brokerage services with no limits or restrictions. This puts a great deal of power in your hands when determining how much you want to earn via commissions for different types of transactions like sales volume or total transaction value.
No other company has this kind of flexibility where one’s personal goals are met without sacrificing potential earnings by limiting oneself to a certain type of transaction.
9. Marketplace Partnerships
This cloud-based brokerage is one of the few that has a marketplace of partners. With numerous companies and professionals in their directory, agents can find everything they need to succeed right at eXp Realty–from marketing platforms like Facebook Workspace and Zillow Premier Agent to niche markets, such as investment homes or commercial property listings.
The company focuses on empowering an eXp agent to be the master of their destiny. This is done by providing tools and resources that help make them independent contractors in charge of determining how they want to do business.
10. National and International Collaboration
eXp agents and brokers can collaborate with new agents, other brokers, and clients across the country or even internationally. The company is constantly improving its resources so that there are no boundaries for an agent’s success.
11. Agents as Shareholders
The eXp business model works such that when an agent becomes part of the company, they become a shareholder. This means that agents can control their destiny by having a stake in what’s happening with eXp Realty – not just as employees and business owners.
12. Empowering Independent Contractors
The company is built on empowering an eXp agent to be the master of their fate by providing tools and resources that help make them independent contractors who determine how they want to do business from there.
Being self-employed provides decision-making power, flexibility with your schedule, financial freedom where you’re not beholden to one employer for compensation or advancement opportunities, etc. Agents can determine if this type of work suits them best, whether short- or long-term contracts.
13. No Out-of-Pocket Expenses
One great thing about the company is that there are no upfront start-up costs. Agents who sign up with eXp Realty will never have to worry about any additional fees because those were all covered by the company. Agents only need to pay $85/month and other minimal fees.
14. Ease of Use and Set Up
Setting up an eXp account is as easy as signing on to your email. No brick-and-mortar offices are needed or any social media accounts required when you have an eXp World account.
eXp understands that the health of its agents is paramount to its success. They offer a comprehensive health insurance package to all their agents, designed specifically for real estate professionals and includes high deductible plans.
The continuous growth of eXp Realty over the past years is not by sheer luck, but the many agent-centric features the platform has. It provides real estate agents with an environment that is both convenient and rewarding for them, making it the best platform for any agent or broker who wants to grow to join.