eXp Realty Review: First 90 Days - GOOD, BAD, UGLY
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- เผยแพร่เมื่อ 22 ส.ค. 2024
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Chastin J. Miles is a licensed TX real estate agent with eXp Realty
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I love your honesty! I just joined EXP a few weeks ago. There are so many resources and tools which is great. But yes, it can be pretty overwhelming. I have to say that I was apprehensive in joining because of the whole "cloud" concept because I thought I may not get help when needed, but that's totally not the case! I've been very supported and connect with others almost daily.
May I ask how long did it take you to get used to the resources?
K Smith you have to try new things never back down keep moving forward and succeed
How is it going Lehigh Valley Home Guide by Stacey Figure?
I just passed my exam a week ago after the 9th try! I’ve been researching EXP for a few years now BECAUSE they’re a cloud brokerage and I really wanted to do training from home. It was between them and KW. KW was only for the support but I know they’re pricey. I was told that KW provides a lot of support but most locations require you to sit in a classroom most of your day. I’m a great online learner so I think EXP is right up my alley. Thanks for this video. I’m watching all of them.
Meek Pearson hey I just sent out my application for my license and I’m also crossed between KW and Exp. just wondering how is your Real Estate adventure going so far?
I went exp signed up today still have to take my test though I didn’t know it was that hard sheesh
I also heard you need to pay for your desks and etc
DrPepper yea your basically a independent contractor which is the same reason I signed up for to work for myself 👍🏾
Fenkell Mel ahh alright well im bearly 17 and im intrested into real estate iv heard many things about real estate how its hard i have questions and its about money now i dont want to sound greedy lmao but i was wondering when do u start making money cuz i heard somone say its a waste of time real estate because they made 0 dollars
The onboarding process is much faster now. I submitted my application on August 30, 2019, @ 11:29 pm, and it's now Tuesday, September 3rd and I'm now an active agent with eXp. Just to point out how fast eXp is. This was Friday night @ 11:29 pm, Saturday, Sunday, Monday, September 2nd was a holiday. It's now Tuesday and I'm all in. I just have to go and watch the intro videos now. Excited to be a part of this great company and its' agents.
I have been in real estate for 20 years and I have never experienced such a bad taste for another brokerage. The exp agents I have dealt with on 3 of the markets I covered seem very detached from the business, inexperienced and rude. Furthermore, ever since they got a hold of my information from a transaction I did with one of the exp agents; they have been calling me non stop trying to recruit me and my team. There are days that I get up to 7 calls from different exp agent trying to book a recruiting me and my team to move over. Truly annoying. Why not just sell real estate, there is enough business to go around.
exp is the worst . Pushy recruiters only concerned about themselves and getting you under them . Customer service is horrible . Broker never responds ( over a month ) with no reply . You have to hunt someone down to get a simple answer . wouldn't recommend exp to anyone . It's like dealing with a blank wall 💩
@TheLauraHomes really?? I wonder if it’s just a hit piece then. But I also wonder why the video creators don’t respond to them
This same comment is on many videos lol.
On Boarding Process - Just wanted to mention that I was fully onboarded within 2 days. I saw the video on Wednesday and on Thursday I was watching my first video as a full agent.
As of April 2020, they’ve been able to process within 1-2 business days for on boarding. They’ve come a long way since a year ago, as a continuous evolving brokerage.
Yes! I feel the same way. I am happy to be here yet I was overwhelmed at first. Once I figured out which classes to take first to make my business transition as seamless as possible I felt better. Thanks for posting.
Glad it worked out. Thanks for watching.
Hey Chastin. I just binged watched some of your videos. Awesome content! I am 19 years old and recently started working at a small company in South Carolina! This is the type of stuff I need to see! Inspirational.
Awesome! Thanks for watching.
I'm not getting the training and the guidance I need from my current office. I just got off the phone with Chris Bear and am definitely going with eXp. eXp is hands down the best "office" out there. I'm super excited to be a part of this real estate community!
Welcome!
How did it turn out for you? I’m in the same boat now and am hesitant to go for it!
You are my favorite real estate agent on TH-cam. I love all your videos and how you tell it like it is. Very helpful as a new agent. Thank you!
I appreciate that!
I haven't had any or the issues about being sent in different directions. I go to my sponsor for questions or workplace. Any agency you will be overwhelmed with all the newness. I am loving it. Wish I had been given this opportunity at the first of this year. I find there is more enter action at eXp than the office I left.
Great info! How many deals did you close from EXP in your first 90 days?
Was this answered?
@@DJ_MILO NO ....For any one with MLS access....Just put his license number in there. His license is 0627937. In the last 1000 days he has CLOSED 2 buyers and 3 sellers. TOTAL GCI for MLS in 1000 days was 46,347 which means about $15,449 a YEAR GROSS COMMISSION INCOME!! A whole lot of sizzle and NO steak.
I'm seriously so excited for exp! currently waiting for my RE exam application to be processed- video def motivated me!
You got this!
Awesome video Chastin! Exp is slowly growing here in B.C, Canada! I like the entrepreneurial aspects of being with Exp compared to other brokerages.
Thank you for sharing your experience, Chastin! Definitely looking forward to learn more from you.
I am looking into getting my license here in Texas as well, so I am just doing research as to where I could work (potentially).
I understand this online concept, but does that mean you turn your home into your office as well? What about when you are closing with a client? Where does that happen?
Also, now that you have experienced eXp for some time, and you can compare to a brick & mortar company, would you still recommend eXp for a brand new agent? Or would you say get 1-2 years experience from a more traditional setting to learn, then switch over to this more independent setting.
Thanks for reading! You are a great mentor!
Im on my way to get my licence in Ca. So how was your expirience joining EXP as a new agent?
@@lauragodines8939 Hi Laura. Life definitely takes unexpected turns, but it should always be with a growth and development point of view. I later learned sales was not going to be the best path so stopped everything all together. I continued my logistics job and recently decided to go back to school for a second degree in Nursing. It would have never crossed my mind this would happen, but here we are back in school and loving every second of it.
I wish you the best of luck in your endeavors.
I was processed in less than 4 days.
Yeah, apparently it's different in every state based on how their real estate commission operates.
Rafael your everywhere and you always negative smh
Chastin J. Miles from a very honest and blunt perspective; how is the lead gen for new agents here vs others? I know its hard getting off the ground and everyone promises you its great but have you seen success or know of new agents success with lead gen starting out?
Awesome content sir! The game analogy is hilarious & spot on. Responsiveness coupled with accountability is key when it comes to broker support. May your success be 100 fold!!!
Thank you!
As a new agent, do you suggest I join a team or the training offered is enough
I’ve been a big fan didn’t know you did exp, I’m looking into going full time real estate done sales for 10 years plus just looking at exp since it’s cloud based. Thanks for doing this level of review.
Richnwealthy hey man any tips for a 17 year old? 😓
You just helped me make my decision.
Lol did I? What did you decide on?
Do you know if I can be a realtor with this company in the Caribbean?
@@PatrickJohnstonHalifax We are expanding in to about 4 new counties a quarter at the moment through eXp Global. Puerto Rico is just coming on board. You can also submit countries for consideration.
I've been a real estate broker for over 40 years. In the last six months I've had the displeasure of working with two different eXp realtors who represented buyers on two of my listings. Both agents were terrible communicators, didn't return phone calls, texts and/or emails.. It was clear that they didn't communicate well with their buyers. The agents didn't show up for inspections. Their Transaction Coordinators also had problems working with the eXp agents that they represented. The eXo agents simply seemed to be so distracted by other things in their lives that their buyers were very poorly represented. I will never, ever again work with an eXp agent.
toboggan8 I think it’s fair to say that those scenarios could happen at any brokerage. I’ve been on sides and felt the same way about the agent on the other side and they were a part of a larger franchise.
Man that is very unfair. I don't even work at exp and I've encountered agents like that multiple times. That were not exp. You cannot associate a whole brokerage with bad agents. Bad agents are just that. Bad agents. By themselves.
I've had 2 realtors with 2 different companies (Keller and Remax) and both were horrible at communication. Never got replies until a week later, constant extensions, not answering questions. Lots of eye rolling when we said we didn't like a home. I think it's just going to depend on the person, not the company. That same realtor with Exp could have worked for Keller before and acted the same way.
9:17 please name names.
I agree!! I love being with eXp but I definitely had to get used to all the classes and education as a new agent. Add to that I now I have to take all the CE classes to renew in a couple months and I just got licensed in April! But I love everything so far! Still working hard for that first listing...
Glad to have you on board!
Can you discuss the costs. I’m confused on how this works
Still have to pay for MLS? Real estate board fees?
RadBrad I just visited one yesterday, they do charge a 80$ monthly desk fee?!
Thanks for the video. I will be taking my licensing exam soon and an eXp agent was hitting me up to consider them. I think this just moved me a bit closer. I think the support I would get as a new agent would be awesome. Especially because I am going to be a part time agent until I retire from the Navy in a few years...
Hey I just retired a few months ago from the Navy and just passed my PSI! Good luck and make sure you document everything with medical before you get out!!!!
The only real thing I care about in these brokerages is how fast n easy is the process to get to the closing table and sold.
Its all about the support. Thanks for watching.
Do you think this brokerage will be good for a new agent with no previous experience?
There's definitely lots of training.
This was too helpful for someone like me. I am currently in school and really thinking about EXP after I pass. Thank you!
Being that this is an international brokerage, do they make a point to make sure you get the right information for the area you are licensed in?
Would you recommend eXp to a brand new agent?
I hear there's pros and cons. If you want a physical place to go to, meet and interact with real people, eXp might not for you. It's all virtual. But as he said, tons of support. I'm still deciding.
There's definitely lot's of training available.
You can also join a team
kauigirl808 dont forget u can always join and then leave to another company in my opinion
If your a beginner would you recommend EXP reality??
I'm new and will have my license in a couple months.
Yep, I actually recorded a video about that.
Thank you Chastin I only lasted a 2week because I needed a lot completed. I didn't know who was who I didn't get a quick response. Wow that is what happened I was in a time crunch. Now it make sense
Yeah, it's all about the network you join.
What’ does the splits look like?
Fair and objective, can't wait to see your 1 year review
I've decided to earn my license but for me this would be a pre retirement move and post career move I've made my money working in Corporate America. I wonder if EXP would be a good fit for me ?
Sure
Great video, very informative! Do I apply for my Real Estate Agent license first or register with eXp Reality first?
You would have to be a licensed agent to have a broker. Check with your state's Real Estate Commission
So when would you suggest a new agent begin the application process? Can you join before you are officially licensed?
It just depends on how lose you are to being licensed. I would start the application process when you're waiting on your license to be approved.
Chastin J. Miles ok great thank you!!
Dum Dum's Guide to eXp has helped me so much in navigating where to begin!
I plan the training on the eXp Events Calendar a week in advance around my dedicated prospecting and client time. I am always in my NC State Room.
Best decision I ever made! The pool of experience and talent is stellar! Confirmation when killer agents like you are with eXp.
Continued success to you, Chastin and I will say 'Hi' when I see you in eXp World and WGR Summit!
Yes please do!!! I cant wait to met people in person!
That was very interesting! Can Virbela or EXP interact with Salesforce?
I'm about to watch a video on why I should NOT join eXp. See what other people say.
can you share that video?
Just joined exp as a new agent, and it was overwhelming, the amount of emails they sent me the first day was aroynd 30, i felt lost and not supported. Took me 2 weeks to get my bearings. Im tired of watching training videos. I think im going to leave.
Would you say as a new agent, exp is a good direction? I’m between KW, exp, and Watson. Almost everywhere I’ve read, videos I’ve seen, it’s agents switching from one brokerage to exp. I haven’t seen any new agents and was wondering about that
I'm a brand new Agent in South Texas. I have been in the biz for 4 months, with 3 closed deals, and 7 more pending - totalling $2M. This is a market where avg. home sales price is $150k. I attribute it to eXp model and the team I signed on with for the mentorship and support. Feel free to email me if you have any more questions! valee22@gmail.com
@@valeeaflac if its cloud based, where do you close?
Great content from your channel. Would you recommend this brokerage environment for a brand new agent? Like just passed licensing exam last week with zero experience agent?
It just depends on what you are needing. Yes they have training, yes they have systems, its a full company. Some people need to be in an environment where there's a lot of people around physically, this one isn't it. What are you looking for in a brokerage?
@@ChastinJMiles Guess I'm most concerned with state specific requirements, especially with contracts. I'm assuming I'd get placed with a state specific broker though, yeah? I'm in Fl. I watched your other video and it cleared up some questions. I appreciate what you're doing. 👌
I've watched numerous videos of yours and respect your opinion. Would you recommend this company for a brand new agent never having worked in real estate before?
Check this one out th-cam.com/video/ZMkU9F8xudQ/w-d-xo.html
Yahh welcome #expproud been watching your videos for a while now!
Hi, did you join team at the EXP when you started?
I AM JOINING END OF MARCH....SO HAPPY, AFTER THOROUGH RESEARCH....
Can't wait to welcome you on board
Chastin,
If you had to do it all over again, would you choose KW first, and eXp second? Or would you go straight in to eXp when you first received your license?
Nah I would have chosen eXp first.
Chastin J. Miles THANK YOU!
@@ChastinJMiles can you say why is it the money or???
I can’t wait to get started!
Thank you for making this video. I have been thinking about exp... I like the Broker split much better. I have about 5 years experience with a full service broker with a stellar reputation who is strong in my area and have some opportunities lining up for the first of the year so I would need to make my transition as quick and seamless as possible?
One concern that I have is with no brick and mortar office, do clients take you less seriously? There are no Regus offices near me either. Keller Williams has a similar
plan and a brick and mortar office but their reputation is no great in the industry. The other thing is when I put on a broker open house, every agent in my office shows up.
I am in Georgia. Is the Broker of record an actively practicing broker here in the state of Georgia or just a broker in Washington with a Georgia Real Estate license.
We can chat, schedule on my calendar at partnerwithcjm.com
Do you have a team in Georgia that I can join? Thank you.
Great video!! This helped me a LOT!
Thank you Chastin, as usual great informative video!
I am debating whether to join the team or start my own. I am a brand new agent and I want to make a right decision. A person I spoke with about joining team told me that it will be 50/50 split and I think that's a lot to split with someone who might provide the same support as the company itself. What do you think? Thank you so much for sharing your thoughts here!
How did you do?
Can you tell me if there is a local contracted office near Ft Worth, Texas? I am in school and completing my license mid-April. I do feel comfortable in an office for networking and meeting others, being new to my area. Please share price average, etc. Thanks so much!!
Do you think this company is good for band new agents. I take my test at the end of this month so I’m really narrowing it down! Thanks and best of luck to you and thank you for all the great videos I appreciate it
Yeah I think you'll be fine as long as you get in a good network.
Chastin J. Miles thank you much!
I really don’t think 2 weeks is a time crunch though (lol).... weeks fly by in 2 seconds...
So I am new agent. Do you recommend EXP for new agents?
Check this out th-cam.com/video/ZMkU9F8xudQ/w-d-xo.html
Sounds like multi level marketing - your upline? I also think the agent is interviewing the brokerage, not the other way around! As the agent who is going to bring them business & pay fees/dues, you need to choose them, not the other way around! Just my thoughts of course!
Yep! Different strokes for different folks. No shame in that.
Great insight! Thanks for the content
I see you mention that some things depend on what network you are in. How does that work? Are you assigned a network or do you choose?
You join the brokerage under a sponsor.
Chastin J. Miles so not just anyone can work there?
This awesome just started at eXp I think it's the best choice so far! However I didn't know they had scripts lol! Are you talking about the module?
rainy day I guess that depends on what network you’re apart of. I was given a big folder of them.
Where do you close if it's all online?
@@mona-checkoutmychannel7656 at a title company as you would with any brokerage
@@michelledavis8978 well no, sometimes you close at the actual brokerage
Hi Chastin, Great Video. I have one question for you about eXp. How would you find a broker to fill out a employment verification form (to become a broker) in "The World?". Are you aware of this ever happening, and how did it work? Thanks for your help! Great Channel and Brand!
Just email it in to the broker, they will sign and send it back to you.
Is the classes free?
Hey bro, I'm an agent down in Houston. As far as the rev share, how many agents have legit switched over with you? And do you suggest this for a fairly new agent? I'm 10 months in now.
I suggest it for a fairly new agent if you align with the right network. The brokerage offers trainings but I feel like it's the network that really makes the difference.
@@ChastinJMiles thanks bro!
Great insight! Thanks so much.
What if your licensed in more then one state, is the monthly fees and everything the same?
the eXp fees, yes.
Agree with that! Better than Brick and mortar support system! It is a high tech world! At a click of your finger, you’ll get the solution or answer you need! Great input! As everyone says, honesty is the best policy!
I just came on board! Excited to figure it out
Welcome!!
Hi Chastin, I have a question maybe you can help answer, Im in the process of getting my licence in Ontario Canada and I've been doing research on what company to join, the question is, do you know how as a new agent EXP would help with finalizing the licence process?
What do you mean? Getting through your courses or transferring your license to them?
Hanging your licence to with them?
Have they made good on their lead generation promises?
What do you mean?
Thanks for sharing! Cool concept and super innovative company!
They are!
Hey 👋🏾 so do you have to be licensed BEFORE joining EXP?
Yes
Im so impressed. I am considering purchasing a franchise if thats possible.
How do you join and get information: I have not taken my real estate test, new a sponsoring broker, where would I find this information?
I would put you in touch with our on-boarding concierge. Can you send me an email with your name, state, and phone number?
im going to get my tx license next year and im joing exp due to having the freedom and i will be starting off part time and i just live the freedom of exp tbh like i know its probably complicated but that's life tbh.
Great to hear! Check out partnerwithcjm.com
this was a great explanation 😀
Love your approach!
Thank you!
Let’s get it Chastin!
Yeah I'm looking into starting into a digital realty. Can you do leases with EXP? Sorry it's so hard to get in touch with these guys as a brand new agent trying to get information. Even Loida on TH-cam won't even answer my question.
Yes you can. Shoot me an email cmiles@chastinjmiles.com
Is it suggested you bring a resume and cover letter for your first interview?
No. I got signed on kind of instantly.
Mark 4:53 QUESTION - How do you know that your Broker Reviewed and Signed within 30 min. Did you see your broker when you joined eXp?
Maybe it was signed digitally so it was easy to see time stamp.
Hi there! Thank you for your review. I'd love more infos about EXP please.
partnerwithcjm.com
Dieu Le EXP Realty is a pyramid Scam whose agents are talentless losers that steal listings because they can’t get their own. Their aggressive tactics poaching agents from other companies is terrible offering them a pyramid scheme that attracts the worst type of agents to their cult!
@E Perfectly alright! Exp was sued based on what I said. It was not baseless.
Good Video...how do you feel about the commission split?
What do you mean?
@@ChastinJMilesI meant with EXPs structure? What is the split.
@@NikkisTravelTidbits 80/20
@Nikki Davidson. It’s 80/20 until your $16k cap is paid (around $2.5M volume), then commission is 100%. If you do 20 more deals, you get your $16k cap back. There is much more to the splits too - such as stocks and revenue sharing. They also rolled out medical insurance for the agents.
Hey chastin, thanks for your videos, ive been watching you a week ago. Im gonna start preparing for my real estate licence and wanted to have a general idea before i jump on it. Can you plz help me to find exp realty agency near me.im in plano tx
Sure! There's lots of options.
Chastin J. Miles thanks for reading my comment !!
Ikram Sennoun how’s it coming along
But u can't really say anything bad or they will fire u
Thanks for watching!
Would you say exp is legit for new agents? I'm interviewing. I interviewed KW, Boutique and a Raveis Agent. Thanks in advance.
Joel Arroyo hey, how are the fees looking like at KW? Is there a crap load of monthly/setup fees?
@@eddyperez5774 take a look at my page on FB @thatrealestateinsider I actually wrote it all down and uploaded the interviews in detail last night. There is some good and bad.
Do you get a personal mentor and what are the fees
All new agents are assigned a mentor to walk them through their first 3 deals, help them get familiar with systems, etc. Our monthly fees are $85 which includes your CRM, IDX web site and Skyslope document management.
Very informative. Thank you!
Thanks for watching
@@ChastinJMiles You are welcome. I saw a brief interview BC did about you not too long ago. Great story!
Great review!
2 weeks on boarding? Don’t apply for a government job. That takes years. Haha. Thanks for the info.
No problem!
Do you have to join NAR?
Most times yes.
Can you join a team at ExP?
Yep! Just visit partnerwithcjm.com
Nice presentation Chastin....
Thank you!
Definitely going to give this Broker a look when I get my licensing
Hit me up before.
Call 1-800-CHASTIN! :-D
What’s up fellow exp member 😎
Whats up!!!!
Where/who do you send buyers the contact you wanting to buy one of your listings but has not yet been approved by a lender? I’m an MLO in California, NMLS #1995351 and I would like to help fill that void, if needed.
Why do ppl get fired from exp?
I dont know. I'm sure everyones case is different. But people get fired from all brokerages, not just eXp.
@@ChastinJMiles , not really; as long as you are trying, your brokerage works with you. Very rare in New Orleans unless someone doing illegal stuff.
Ive worked for a couple of big firms as a staff member. Big firms will let you go for low production unless you’ve worked something out with them thats agreed upon.
Chastin you are 🔥🔥🔥🔥
I appreciate it!