SlideShare a Scribd company logo
eXp Realty
™
The Agent-Owned Cloud Brokerage ™
The Agent-Owned Cloud Brokerage
At eXp Realty, our family of agents
and brokers build their own
businesses while establishing a
direct ownership interest in eXp
Realty International Corporation as
a shareholder and partner.
™
History of eXp Realty
2014 - eXp Realty achieves profitability on $13,000,000+ Revenues
2014 - eXp Realty is in 29 states and 2 provinces
2013 - eXp Realty International became a publicly traded company (EXPI)
2012 - Glenn Sanford named Inman Top 100 Most Influential in Real Estate
2011 - eXp Realty featured in Swanepoel Trends Report
2011 - eXp Realty Finalist Inman Most Innovative Brokerage of the Year
2009 - Glenn Sanford Founded eXp Realty, LLC
2006 - Glenn Sanford Top 50 REALTOR at Keller Williams International
2005 - Glenn Sanford Member of the Agent Technology Council, KWRI
2002 - Glenn Sanford Rookie of the Year at Prudential Kelstrup REALTORS
“The Amazon of Real Estate”
The 2013 Swanepoel Trends Report identifies the
cloud-based model as a powerful new innovation
whose time has come. eXp Realty is the company
leading the way and continues to be written up in trade
and technology magazines.
Paradigm Shift
“A dramatic change in
methodology or practice. It often
refers to a major change in
thinking and planning, which
ultimately changes the way
projects are implemented.”
Early Cloud Adopters
SYSTEMS
Systems
What is a Cloud Brokerage?
eXp Realty is changing the way that agents, brokers and
consumers work together. A cloud brokerage:
● Creates collaborative community
● Allows for interaction with other top professionals
around the world
● Cuts out expenses, enabling the brokerage to share
the additional funds with its agents
Cloud Office
Immersive cloud office
expcloud.com/office
SUPPORT
Support
Support At Every Level
● New Agent Services
● Transaction & Administration
● Marketing & Technology
● Business Development
● Peer-To-Peer
● Mentoring and Upline
● Agent, Team & Broker
● Executive
Transactions Anytime Anywhere
Manage your real estate business from your home office or
from the beach. It’s your choice. All of your transaction and
business metrics are at your fingertips.
● Paperless Transactions
● Revenue Share
● Transaction Support
● Agent Onboarding
● Company Financials
● Legal Administration
Your transaction support team is available business hours in the Cloud Office.
Marketing and Technology Support
Working The Magic (WTM) is an in-house group providing
marketing and technology support to eXp Realty Agents.
Open a support ticket or visit the Cloud Office to arrange
assistance.
● Company Email
● Cloud Office
● Toll-Free and Fax
● Website Hosting & IDX
● RealFutureCRM
● Group Workshops
Working The Magic is available business hours in the Cloud Office.
Professional Business Development
Every agent is the CEO of their business.
Learn from top producing real estate professionals
who graciously share their in-the-field knowledge by facilitating sessions in
the cloud office. Attend one of three Professional Development tracks to get
the latest in information: Business, Technology and Real Estate.
Pam Ostrowski, Business Coach
With over 30 years of Fortune 500 business experience, Business Coach
Pam Ostrowski engages with agents on how to think strategically about
their business and take measurable action to drive goal achievement.
Included Education and Sales Training
Over 25 hours of live weekly
training and a growing archive of
recorded training sessions.
Topics cover today's best
industry and business practices.
● Sales
● Listings
● Technology
○ Websites
○ SEO and Social Media
○ Video Marketing
● Team Building
● Business
○ Planning
○ Marketing
○ Lead Generation
● Industry Innovations
PROFITABILITY
Profitability
Work Smarter Not Harder
80% of
people are
on the
left side.
80% of the
money is
on the
right side.
Robert Kiyosaki's CashFlow Quadrant
Career Arc
Individual
Productivity
Team
Building
Brokerage
Building
Scalability &
Expansion
Exponential Earner
Phase 1: Individual Productivity
● Limited by the amount of work you can do in a day
● Limited by your personal strengths
● Limited by your weaknesses
● When you’re on vacation, you’re out of business
● Your business is the next transaction
● When you retire, your business stops
Phase 2: Team Building
● You can grow your income by leveraging other agents (adding
agents)
● Provides a diverse talent pool
● Multiple opportunities to cover schedules
Phase 3: Brokerage Building
● Ensures that you keep your team members on-board due to their
opportunity to build the brokerage
● Other agents build their business within your business
● Usually limited to a broker owner, not an agent opportunity
● Purchase a franchise system and incur costs of bricks-and-mortar,
making less than 4% profit
● If independent, you have to create your own
models and systems
Phase 4: Scalability & Expansion
● Most brokerages are running below a 4% profitability level
● The impact of the business is limited by a small geographic area
● Grow your business nationally and around
the world
Expansion
eXp continues its geographic
expansion into new US States and
Canadian provinces (and into sub-
markets within those states and
provinces) laying the infrastructure
for future growth.
Our State Brokers act as advisors,
leaders, and growth experts while
fostering team culture and
collaboration.
Phase 5: Exponential Earner
● Receiving income without being in the business
● Exit strategy with life income stream
● Vested after 3 years
● Everyone working toward a common goal
● Vacation with income
“A Rising Tide Lifts all Ships”
Agent Centric Philosophy
Residential, Luxury, REO & Commercial
Diverse solutions for every agent...
Basic Website Template
Basic Website Template
Personalized Website
Personalized Website
Kunversion IDX Website
Kunversion IDX Website
Kunversion IDX Website
$395 setup
$395 /month
Included with your
monthly tech fee
Your Brand, Your Listings, Your Leads
You decide what to do
with them! EXPLS is
your listing service with
900+ outlets. Your
listings will have
greater exposure and
generate more buyers
leads for you.
Startup Costs & Fees
Setup (one time)
$99 Startup Fee
* Includes Cards & Folders
Annual and Monthly Costs
$50/Mo Fee
$420/Yr University Tuition
*Taken out of first Closing of your year
Commission Split
$16,000 Yearly Cap
80/20 Commission Split on first $80,000 GCI
100% for the remainder of your year
Per Transaction Fee
$25 Broker Review
$30* E&O Insurance ($500 cap/year)
*CA $40
For Capped Agents - 100% Commission to the agent
$250* Transaction Fee
$25 Broker Review
$30 E&O Insurance ($500 cap/year)
* each transaction AFTER you reach 100%
Do you want to earn 100%+ PLUS?
Revenue Share
Levels
eXpansion
Share %
(Only need to be
active to Qualify)
Active
Personally
Recruited Agents
(FLQR)
eXponential
Share %
Total
Share %
1 1+ 3.5% 3.5%
2 0.2% 5+ 3.8% 4.0%
3 0.1% 10+ 2.4% 2.5%
4 0.1% 15+ 1.4% 1.5%
5 0.1% 20+ 0.9% 1.0%
6 0.5% 25+ 2.0% 2.5%
7 0.5% 40+ 4.5% 5.0%
Revenue Share Calculator
Get paid from Gross Commission*
* See ICA addendum B
Estimate your revenue
share with the calculator.
Revenue Share Calculator
Brokerage Comparison Calculator
Revenue Share
Scenario 1
Estimate your revenue
share with the calculator.
Revenue Share Calculator
Brokerage Comparison Calculator
Revenue Share
Scenario 2
Ownership
eXp Realty International Corp
OTCBB: EXPI
Publicly traded
Agents earn ownership:
2015 Incentive Program
Future: ESOP
● 100 shares for First Closing
● 1,000 shares for Capping
● 1,000 shares for Each Recruit*
JOIN EXP REALTY
Join.eXpRealty.com
Connect to the Cloud… we’re ready if you are!

More Related Content

What's hot

Introduction to eXp Realty
Introduction to eXp RealtyIntroduction to eXp Realty
Introduction to eXp Realty
Scott Rodgers
 
Exp Realty Explained
Exp Realty ExplainedExp Realty Explained
Exp Realty Explained
Chris Soignier
 
Costs
CostsCosts
Rick Rasmussen - Product First and Foremost - Startup AddVenture Eastern Euro...
Rick Rasmussen - Product First and Foremost - Startup AddVenture Eastern Euro...Rick Rasmussen - Product First and Foremost - Startup AddVenture Eastern Euro...
Rick Rasmussen - Product First and Foremost - Startup AddVenture Eastern Euro...
Startup AddVenture by CCC Startups
 
Semmens Executive Recruitment
Semmens Executive RecruitmentSemmens Executive Recruitment
Semmens Executive Recruitment
Steve Semmens - The Persuader
 
Red b keynote ppt 102014
Red b keynote ppt 102014Red b keynote ppt 102014
Red b keynote ppt 102014
coachgildominguez
 

What's hot (6)

Introduction to eXp Realty
Introduction to eXp RealtyIntroduction to eXp Realty
Introduction to eXp Realty
 
Exp Realty Explained
Exp Realty ExplainedExp Realty Explained
Exp Realty Explained
 
Costs
CostsCosts
Costs
 
Rick Rasmussen - Product First and Foremost - Startup AddVenture Eastern Euro...
Rick Rasmussen - Product First and Foremost - Startup AddVenture Eastern Euro...Rick Rasmussen - Product First and Foremost - Startup AddVenture Eastern Euro...
Rick Rasmussen - Product First and Foremost - Startup AddVenture Eastern Euro...
 
Semmens Executive Recruitment
Semmens Executive RecruitmentSemmens Executive Recruitment
Semmens Executive Recruitment
 
Red b keynote ppt 102014
Red b keynote ppt 102014Red b keynote ppt 102014
Red b keynote ppt 102014
 

Similar to eXp Realty eXplained

eXp Explained - The Agent-Owned Cloud Brokerage
eXp Explained - The Agent-Owned Cloud Brokerage eXp Explained - The Agent-Owned Cloud Brokerage
eXp Explained - The Agent-Owned Cloud Brokerage
Rich Cederberg, Albuquerque Real Estate Agent
 
eXP Realty presentation by Jojo Concepcion
eXP Realty presentation by Jojo ConcepcioneXP Realty presentation by Jojo Concepcion
eXP Realty presentation by Jojo Concepcion
Jojo Concepcion
 
Intro to eXp Realty .pptx
Intro to eXp Realty .pptxIntro to eXp Realty .pptx
Intro to eXp Realty .pptx
JackQashat
 
wpi Broker
wpi Brokerwpi Broker
wpi Broker
Edgar Irizarry
 
eXp eXplained
eXp eXplainedeXp eXplained
eXp eXplained
Debbie Biery
 
eXp Explained Official Version 1-1-2013
eXp Explained Official Version 1-1-2013eXp Explained Official Version 1-1-2013
eXp Explained Official Version 1-1-2013
David Harbour
 
Inman Connect - Attention Brokers (you need to build a Real Estate Office of ...
Inman Connect - Attention Brokers (you need to build a Real Estate Office of ...Inman Connect - Attention Brokers (you need to build a Real Estate Office of ...
Inman Connect - Attention Brokers (you need to build a Real Estate Office of ...
Rich Swier Jr
 
BHR presentation
BHR presentationBHR presentation
BHR presentation
Gerardo Montelongo
 
BHR presentation
BHR presentationBHR presentation
BHR presentation
Gerardo Montelongo
 
Xero s add o - pi pdf ii
Xero s add o - pi pdf iiXero s add o - pi pdf ii
Xero s add o - pi pdf ii
Practice Ignition
 
Join Connect Realty
Join Connect RealtyJoin Connect Realty
Join Connect Realty
ginaberson1
 
Corporate presentation v2.0
Corporate presentation v2.0Corporate presentation v2.0
Corporate presentation v2.0
Shiva Raman
 
Corporate presentation v2.0
Corporate presentation v2.0Corporate presentation v2.0
Corporate presentation v2.0
ezyshiva
 
Corporate presentation v2.0
Corporate presentation v2.0Corporate presentation v2.0
Corporate presentation v2.0
ezyshiva
 
Xero s add o - pi copy pdf no notes
Xero s add o - pi copy pdf no notesXero s add o - pi copy pdf no notes
Xero s add o - pi copy pdf no notes
Practice Ignition
 
Building your own cloud embassy
Building your own cloud embassyBuilding your own cloud embassy
Building your own cloud embassy
Global Micro Solutions
 
PCN Presentation 2015
PCN Presentation 2015PCN Presentation 2015
PCN Presentation 2015
Mandy Chen
 
Henderson Scott
Henderson ScottHenderson Scott
Henderson Scott
Richard Caldicott
 
Attracting Hiring Training 3 Hiring Presentation
Attracting Hiring Training 3   Hiring PresentationAttracting Hiring Training 3   Hiring Presentation
Attracting Hiring Training 3 Hiring Presentation
StuartOakesAntal
 
Dkra leasing team profile
Dkra leasing   team profileDkra leasing   team profile
Dkra leasing team profile
Kenneth Vu
 

Similar to eXp Realty eXplained (20)

eXp Explained - The Agent-Owned Cloud Brokerage
eXp Explained - The Agent-Owned Cloud Brokerage eXp Explained - The Agent-Owned Cloud Brokerage
eXp Explained - The Agent-Owned Cloud Brokerage
 
eXP Realty presentation by Jojo Concepcion
eXP Realty presentation by Jojo ConcepcioneXP Realty presentation by Jojo Concepcion
eXP Realty presentation by Jojo Concepcion
 
Intro to eXp Realty .pptx
Intro to eXp Realty .pptxIntro to eXp Realty .pptx
Intro to eXp Realty .pptx
 
wpi Broker
wpi Brokerwpi Broker
wpi Broker
 
eXp eXplained
eXp eXplainedeXp eXplained
eXp eXplained
 
eXp Explained Official Version 1-1-2013
eXp Explained Official Version 1-1-2013eXp Explained Official Version 1-1-2013
eXp Explained Official Version 1-1-2013
 
Inman Connect - Attention Brokers (you need to build a Real Estate Office of ...
Inman Connect - Attention Brokers (you need to build a Real Estate Office of ...Inman Connect - Attention Brokers (you need to build a Real Estate Office of ...
Inman Connect - Attention Brokers (you need to build a Real Estate Office of ...
 
BHR presentation
BHR presentationBHR presentation
BHR presentation
 
BHR presentation
BHR presentationBHR presentation
BHR presentation
 
Xero s add o - pi pdf ii
Xero s add o - pi pdf iiXero s add o - pi pdf ii
Xero s add o - pi pdf ii
 
Join Connect Realty
Join Connect RealtyJoin Connect Realty
Join Connect Realty
 
Corporate presentation v2.0
Corporate presentation v2.0Corporate presentation v2.0
Corporate presentation v2.0
 
Corporate presentation v2.0
Corporate presentation v2.0Corporate presentation v2.0
Corporate presentation v2.0
 
Corporate presentation v2.0
Corporate presentation v2.0Corporate presentation v2.0
Corporate presentation v2.0
 
Xero s add o - pi copy pdf no notes
Xero s add o - pi copy pdf no notesXero s add o - pi copy pdf no notes
Xero s add o - pi copy pdf no notes
 
Building your own cloud embassy
Building your own cloud embassyBuilding your own cloud embassy
Building your own cloud embassy
 
PCN Presentation 2015
PCN Presentation 2015PCN Presentation 2015
PCN Presentation 2015
 
Henderson Scott
Henderson ScottHenderson Scott
Henderson Scott
 
Attracting Hiring Training 3 Hiring Presentation
Attracting Hiring Training 3   Hiring PresentationAttracting Hiring Training 3   Hiring Presentation
Attracting Hiring Training 3 Hiring Presentation
 
Dkra leasing team profile
Dkra leasing   team profileDkra leasing   team profile
Dkra leasing team profile
 

Recently uploaded

2022 Vintage Roman Numerals Men Rings
2022 Vintage Roman  Numerals  Men  Rings2022 Vintage Roman  Numerals  Men  Rings
2022 Vintage Roman Numerals Men Rings
aragme
 
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel ChartSatta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
 
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta MatkaDpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
 
Recruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media MasterclassRecruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media Masterclass
LuanWise
 
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraTata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Avirahi City Dholera
 
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdfModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
fisherameliaisabella
 
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
agatadrynko
 
buy old yahoo accounts buy yahoo accounts
buy old yahoo accounts buy yahoo accountsbuy old yahoo accounts buy yahoo accounts
buy old yahoo accounts buy yahoo accounts
Susan Laney
 
Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431
ecamare2
 
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
my Pandit
 
Income Tax exemption for Start up : Section 80 IAC
Income Tax  exemption for Start up : Section 80 IACIncome Tax  exemption for Start up : Section 80 IAC
Income Tax exemption for Start up : Section 80 IAC
CA Dr. Prithvi Ranjan Parhi
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
marketing317746
 
Part 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 SlowdownPart 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 Slowdown
jeffkluth1
 
Building Your Employer Brand with Social Media
Building Your Employer Brand with Social MediaBuilding Your Employer Brand with Social Media
Building Your Employer Brand with Social Media
LuanWise
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
agatadrynko
 
Authentically Social Presented by Corey Perlman
Authentically Social Presented by Corey PerlmanAuthentically Social Presented by Corey Perlman
Authentically Social Presented by Corey Perlman
Corey Perlman, Social Media Speaker and Consultant
 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
DerekIwanaka1
 
Chapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .pptChapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .ppt
ssuser567e2d
 
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
SEOSMMEARTH
 
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
SOFTTECHHUB
 

Recently uploaded (20)

2022 Vintage Roman Numerals Men Rings
2022 Vintage Roman  Numerals  Men  Rings2022 Vintage Roman  Numerals  Men  Rings
2022 Vintage Roman Numerals Men Rings
 
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel ChartSatta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
 
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta MatkaDpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
 
Recruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media MasterclassRecruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media Masterclass
 
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraTata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
 
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdfModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
 
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
 
buy old yahoo accounts buy yahoo accounts
buy old yahoo accounts buy yahoo accountsbuy old yahoo accounts buy yahoo accounts
buy old yahoo accounts buy yahoo accounts
 
Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431
 
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
 
Income Tax exemption for Start up : Section 80 IAC
Income Tax  exemption for Start up : Section 80 IACIncome Tax  exemption for Start up : Section 80 IAC
Income Tax exemption for Start up : Section 80 IAC
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
 
Part 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 SlowdownPart 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 Slowdown
 
Building Your Employer Brand with Social Media
Building Your Employer Brand with Social MediaBuilding Your Employer Brand with Social Media
Building Your Employer Brand with Social Media
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
 
Authentically Social Presented by Corey Perlman
Authentically Social Presented by Corey PerlmanAuthentically Social Presented by Corey Perlman
Authentically Social Presented by Corey Perlman
 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
 
Chapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .pptChapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .ppt
 
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
 
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
 

eXp Realty eXplained

  • 1. eXp Realty ™ The Agent-Owned Cloud Brokerage ™
  • 2. The Agent-Owned Cloud Brokerage At eXp Realty, our family of agents and brokers build their own businesses while establishing a direct ownership interest in eXp Realty International Corporation as a shareholder and partner. ™
  • 3. History of eXp Realty 2014 - eXp Realty achieves profitability on $13,000,000+ Revenues 2014 - eXp Realty is in 29 states and 2 provinces 2013 - eXp Realty International became a publicly traded company (EXPI) 2012 - Glenn Sanford named Inman Top 100 Most Influential in Real Estate 2011 - eXp Realty featured in Swanepoel Trends Report 2011 - eXp Realty Finalist Inman Most Innovative Brokerage of the Year 2009 - Glenn Sanford Founded eXp Realty, LLC 2006 - Glenn Sanford Top 50 REALTOR at Keller Williams International 2005 - Glenn Sanford Member of the Agent Technology Council, KWRI 2002 - Glenn Sanford Rookie of the Year at Prudential Kelstrup REALTORS
  • 4. “The Amazon of Real Estate” The 2013 Swanepoel Trends Report identifies the cloud-based model as a powerful new innovation whose time has come. eXp Realty is the company leading the way and continues to be written up in trade and technology magazines.
  • 5. Paradigm Shift “A dramatic change in methodology or practice. It often refers to a major change in thinking and planning, which ultimately changes the way projects are implemented.”
  • 8. What is a Cloud Brokerage? eXp Realty is changing the way that agents, brokers and consumers work together. A cloud brokerage: ● Creates collaborative community ● Allows for interaction with other top professionals around the world ● Cuts out expenses, enabling the brokerage to share the additional funds with its agents
  • 9. Cloud Office Immersive cloud office expcloud.com/office
  • 11. Support At Every Level ● New Agent Services ● Transaction & Administration ● Marketing & Technology ● Business Development ● Peer-To-Peer ● Mentoring and Upline ● Agent, Team & Broker ● Executive
  • 12. Transactions Anytime Anywhere Manage your real estate business from your home office or from the beach. It’s your choice. All of your transaction and business metrics are at your fingertips. ● Paperless Transactions ● Revenue Share ● Transaction Support ● Agent Onboarding ● Company Financials ● Legal Administration Your transaction support team is available business hours in the Cloud Office.
  • 13. Marketing and Technology Support Working The Magic (WTM) is an in-house group providing marketing and technology support to eXp Realty Agents. Open a support ticket or visit the Cloud Office to arrange assistance. ● Company Email ● Cloud Office ● Toll-Free and Fax ● Website Hosting & IDX ● RealFutureCRM ● Group Workshops Working The Magic is available business hours in the Cloud Office.
  • 14. Professional Business Development Every agent is the CEO of their business. Learn from top producing real estate professionals who graciously share their in-the-field knowledge by facilitating sessions in the cloud office. Attend one of three Professional Development tracks to get the latest in information: Business, Technology and Real Estate. Pam Ostrowski, Business Coach With over 30 years of Fortune 500 business experience, Business Coach Pam Ostrowski engages with agents on how to think strategically about their business and take measurable action to drive goal achievement.
  • 15. Included Education and Sales Training Over 25 hours of live weekly training and a growing archive of recorded training sessions. Topics cover today's best industry and business practices. ● Sales ● Listings ● Technology ○ Websites ○ SEO and Social Media ○ Video Marketing ● Team Building ● Business ○ Planning ○ Marketing ○ Lead Generation ● Industry Innovations
  • 17. Work Smarter Not Harder 80% of people are on the left side. 80% of the money is on the right side. Robert Kiyosaki's CashFlow Quadrant
  • 19. Phase 1: Individual Productivity ● Limited by the amount of work you can do in a day ● Limited by your personal strengths ● Limited by your weaknesses ● When you’re on vacation, you’re out of business ● Your business is the next transaction ● When you retire, your business stops
  • 20. Phase 2: Team Building ● You can grow your income by leveraging other agents (adding agents) ● Provides a diverse talent pool ● Multiple opportunities to cover schedules
  • 21. Phase 3: Brokerage Building ● Ensures that you keep your team members on-board due to their opportunity to build the brokerage ● Other agents build their business within your business ● Usually limited to a broker owner, not an agent opportunity ● Purchase a franchise system and incur costs of bricks-and-mortar, making less than 4% profit ● If independent, you have to create your own models and systems
  • 22. Phase 4: Scalability & Expansion ● Most brokerages are running below a 4% profitability level ● The impact of the business is limited by a small geographic area ● Grow your business nationally and around the world
  • 23. Expansion eXp continues its geographic expansion into new US States and Canadian provinces (and into sub- markets within those states and provinces) laying the infrastructure for future growth. Our State Brokers act as advisors, leaders, and growth experts while fostering team culture and collaboration.
  • 24. Phase 5: Exponential Earner ● Receiving income without being in the business ● Exit strategy with life income stream ● Vested after 3 years ● Everyone working toward a common goal ● Vacation with income “A Rising Tide Lifts all Ships”
  • 26. Residential, Luxury, REO & Commercial Diverse solutions for every agent...
  • 27. Basic Website Template Basic Website Template
  • 30. Kunversion IDX Website $395 setup $395 /month Included with your monthly tech fee
  • 31. Your Brand, Your Listings, Your Leads You decide what to do with them! EXPLS is your listing service with 900+ outlets. Your listings will have greater exposure and generate more buyers leads for you.
  • 32. Startup Costs & Fees Setup (one time) $99 Startup Fee * Includes Cards & Folders Annual and Monthly Costs $50/Mo Fee $420/Yr University Tuition *Taken out of first Closing of your year
  • 33. Commission Split $16,000 Yearly Cap 80/20 Commission Split on first $80,000 GCI 100% for the remainder of your year Per Transaction Fee $25 Broker Review $30* E&O Insurance ($500 cap/year) *CA $40 For Capped Agents - 100% Commission to the agent $250* Transaction Fee $25 Broker Review $30 E&O Insurance ($500 cap/year) * each transaction AFTER you reach 100% Do you want to earn 100%+ PLUS?
  • 34. Revenue Share Levels eXpansion Share % (Only need to be active to Qualify) Active Personally Recruited Agents (FLQR) eXponential Share % Total Share % 1 1+ 3.5% 3.5% 2 0.2% 5+ 3.8% 4.0% 3 0.1% 10+ 2.4% 2.5% 4 0.1% 15+ 1.4% 1.5% 5 0.1% 20+ 0.9% 1.0% 6 0.5% 25+ 2.0% 2.5% 7 0.5% 40+ 4.5% 5.0% Revenue Share Calculator Get paid from Gross Commission* * See ICA addendum B
  • 35. Estimate your revenue share with the calculator. Revenue Share Calculator Brokerage Comparison Calculator Revenue Share Scenario 1
  • 36. Estimate your revenue share with the calculator. Revenue Share Calculator Brokerage Comparison Calculator Revenue Share Scenario 2
  • 37. Ownership eXp Realty International Corp OTCBB: EXPI Publicly traded Agents earn ownership: 2015 Incentive Program Future: ESOP ● 100 shares for First Closing ● 1,000 shares for Capping ● 1,000 shares for Each Recruit*
  • 38. JOIN EXP REALTY Join.eXpRealty.com Connect to the Cloud… we’re ready if you are!