In this episode,I will cover the pros and cons of my personal experience of joining eXp realty I am Jessi Johnson, an 18-year real estate veteran helping show you what to do, and what NOT to do, in your realtor business.
Founded in 2009, eXp Realty has quickly become a significant player in the global real estate industry, thanks to its cloud-based model. It has now surpassed RE/MAX in the US and is the fastest-growing real estate company in the world. Although eXp is ideal for most, it isn’t for everyone, and I am happy to help you decide for yourself.
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Level up your production and create realtor retirement.
Suggested STEPS:
#1 ~ I recommend investing less than 10 minutes of your time for your future prosperity and watching “eXp Explained in less than 10 minutes”: https://www.loom.com/share/209a3cd078974822a47fedadd687786d
#2 ~ Book a confidential meeting with Jessi to learn if eXp is right for you: https://calendly.com/jessirealestate/exp-presentation?month=2024-03
#3 ~ Run a cost analysis to compare doing the same business at your current brokerage verses eXp. For new agents, we can run scenarios.
The year I left RE/MAX in 2021, I only made $300,000 in annual commissions. I decided to compare what RE/MAX cost me versus exactly what it would cost if I did the same business with eXp, specifically in the Collaborative Movement. The difference was over $47,000 (when including 12k in coaching). In my first year with our Collaborative Movement group, my commissions jumped 35%, I am working less, and this was during COVID lockdowns.
Why did I join eXp?
~ Free access to Jason Simard’s coaching
~ Low monthly overhead
~ The culture, everyone wants to help you be successful
~ For retirement strategy with Revenue Sharing
~ eXp is the most tech-savvy realtor company on the planet
~ Zero commissions paid at ICON status
~ eXp is the fastest-growing real estate company & surpassed RE/MAX in the US
~ FREE office access, Regus offices are all over the place and very high-end
~ No cost agent attraction training with Matt Ashby to build Revenue Sharing
Jason Simard’s realtor training/coaching:
~ Jason’s personal volume (he allowed me to share this) averages $4,000,000 annually. I used to pay him $12,000 a year but now receive his coaching free
~ Access to his weekly Coaches Corner Zoom sessions
~ The training that every agent gets with us is provided by agents who’ve reached amazing heights (450+ ends per year)
~ It takes incredible systems to do that, so all of our course material is step by step, follow along with tutorials on everything from paid online advertising, lead conversion techniques, social media, daily tracking sheets, job descriptions & employment contracts, sign call & objection handling scripts, drip campaigns, listing & buyer presentations, etc.
~ It’s incredibly robust and is combined with live coaching and support for every aspect of the business that’s important in being successful
Matt Ashby’s agent attraction training:
~ As of 2024, Matt has 45 frontline agents generating him over $100,000 month or $1,200,000+ annually through Revenue Share
~ We get to meet with Matt weekly and he is great at helping with one-on-one questions
~ Buy Matt’s 95/5 Rev Share Training System book on Amazon here: https://www.amazon.ca/95-Rev-Share-Training-System/dp/B0BSJFYCLB?crid=1EKTU4YPMS8Q1&dib=eyJ2IjoiMSJ9.sRwI12eaxM0eQzn86agzJ7vCzJMWkcuqSV_1bPgdWbi4MqH0bsURMwtmQ5BgCoIaGRkUm0hlDrMgkOQHxXB1ww.gABuKZWSsgbA2XIO8YiURHSUwcHREFKCIN6CqMOKhRg&dib_tag=se&keywords=matt+ashby&qid=1709228749&sprefix=matt+ashby%2Caps%2C156&sr=8-2&linkCode=ll1&tag=jessijohnson-20&linkId=a7f3d0e49353cc34dcc0a31d5cb40115&language=en_CA&ref_=as_li_ss_tl
Fun fact: Revenue Share is will-able in your estate; it just must be transferred to another licensed agent for legality. According to Indeed, the average Vancouver realtor makes $93,400 per year. This number is $131,016, according to Glassdoor. Those two average 110k so, capping at 80k isn’t too hard
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