Joining eXp Realty offers multiple benefits, making it an appealing choice for both new and experienced real estate agents. The core reasons to join include:
- Higher Earnings : Agents retain 80-100% of their commission with a low cap ($16K), allowing them to maximize profits compared to traditional brokerages. This is particularly beneficial for new agents starting out and for experienced agents seeking better commission splits.
- Mentorship and Training : New agents get assigned local mentors and have access to over 80 hours a week of live training from top agents globally. eXp University provides comprehensive, on-demand professional development.
- Innovative Technology and Virtual Office : eXp Realty operates a cloud-based, virtual brokerage platform, enabling agents to work remotely with access to advanced tools, marketing support, and a collaborative global agent network.
- Financial Growth Beyond Commissions : Agents can earn revenue share income by sponsoring other agents and acquire equity in eXp World Holdings through stock awards and options. This creates opportunities for passive income and long-term wealth building.
- Agent-Centric Culture and Flexibility : eXp gives agents freedom and control over their personal brand and marketing without traditional fees like desk or royalty fees. The company listens to agent feedback, fostering a supportive and entrepreneurial environment.
In summary, agents join eXp Realty for better commission splits, substantial training and support, innovative cloud technology, extra earnings through revenue share and equity, and a culture focused on agent empowerment and growth.