Want to grow from 5 transactions/yr to 20, PLUS? Join me at eXp realty. You'd be joining an exp family upline of agents who do 40+ closings/yr. Book call here to learn more if this is for you: bit.ly/PrivateZoomwithAli
I'm always keen on watching these 🔍 differences and similarities between brokerages, going beyond just revenue share, covering all aspects of joining each brokerage.
this was originally scheduled to be posted 3 weeks from now, but i figured it would help earlier rather than later. Glad you're enjoying them! What other Q's do you have?
Love seeing agents doing video and comparison videos always do well and you have a good presence on camera but so you know, most of your facts about REAL you are claiming are completely wrong. I'd be happy to send you a copy of our ICA and policies, they are all up on a public website for anyone to read. First off, if you don't close any transactions, you don't have to pay the $750 annual fee and it does NOT come out of your revenue share. That $750 fee was the basis for your entire argument that REAL is some how more expensive then eXp, it is not. Let's say you do close 3 transactions a year and do pay the full $750 annual fee, REAL is STILL way cheaper then eXp because we are only taking 15% compared to 20% and our cap is $4,000 less a year. If you watch my video comparing the cost of REAL to eXp to LPT, I have run many different scenarios in spreadsheets and REAL is waaaay cheaper then eXp in every single one!
ok. Around 5:00 you claim that our caps are exactly the same because you cap at $80k in GCI in both companies...you left out the fact that you are spending $4,000 MORE at eXp to hit that cap then at REAL...at 6:30 you claim because REAL's transaction fee after you cap is $35 more then eXp's so if you are doing 50+ deals a year it's cheaper to be at eXp, again this is not true at all. At 50 deals a year, when you factor in the free stock you receive at both companies, you are savings $10,253 a year at REAL broker compared to eXp. Again, go watch my video breaking all of this down in detail.
I don't know who you are listening to that our revenue share model is not sustainable but it's nonsense. REAL gives up to 60% of our monthly income back to the agents in the form of revenue share and yes, that is sustainable. We are continue to report record profits every single quarter. In fact, last year REAL did make a change to make it even easier to unlock Tier 2 benefits so they pay agents out even more. One thing to keep in mind is that REAL is not just a brokerage, we have 3 streams of income. Our cloud title company, our cloud mortgage company and our cloud brokerage. We are about to add a 4th stream of income with our REAL credit and debit cards as well.
Hi there! Thanks for taking the time to watch my video, dissect it, and comment! As you can tell, the majority of my videos are helping agents scale their business, and I’ve only ever made 2 videos out of the 174 videos I have on my channel. Glad you found them and after looking at your channel I see you do a lot of them! I see you’re prior USAF, me too! I separated after a decade as a Major from OSI. 🤘🏽 I’m sure as you can tell as well from the chapters, I spent 4 minutes out of the 19 min video on $750 annual fee. I also go into many other differences. Due to exp’s lower post cap fee, as you know, heavy-hitter agents will make more with Exp than with Real. And the co-sponsorship reduces the amount of revenue share, especially now with Exp’s first 4 levels being unlocked. Rev share: Real and Exp give roughly the same back to the agents monthly. That’s great that Real made it easier to unlock Tier 2! With Exp the first 4 levels are automatically unlocked. Also, there isn’t any co-sponsoring with exp, so you don’t have to split your revenue share, which makes exp IMO more collaborative, because you want your downline to sponsor others in, vs agents squeezing their way in to co-sponsor an agent you have been working for months to recruit, when that sponsor can’t technically add any benefits according to Real’s ICA (coaching, lead gen platforms, CRM, trips, rebates, or currency). Income streams: Congrats on Real adding a 4th stream of income! Exp has been at about 10 different ways to make money/income streams for years now. That’s the great thing about these virtual brokerages. There’s a right brokerage out there for every agent, whether they are a heavy hitter, or not.
So if I join you then you will become my sponsor and EXP will assign me a local Mentor? I’m getting my license soon and honestly I would like to have someone there in person to walk me through my first deal. Thanks
That's exactly right. I would be your sponsor and help you scale your business, lead generate, etc. (We have great trainings, 1:1 and group coaching for you, for free). And your mentor will be assigned by exp and will be boots on ground for you. You can ask them to attend your buyer consultation, listing appts, etc.
@@AlitheAgent Thank you so much. From talking to other future license holders this was probably our main concern. We want to join a brokerage that will walk us through our first transaction. If EXP can provide that then it’s a no brainer considering all the other benefits EXP will be providing. Thanks again.
@AlitheAgent that's exactly why lol the traing you get can't be shared and we can't change our sponsors. That being said exp is still better than the rest. The silos are just a real thing and it sucks just the truth
Want to grow from 5 transactions/yr to 20, PLUS? Join me at eXp realty. You'd be joining an exp family upline of agents who do 40+ closings/yr. Book call here to learn more if this is for you: bit.ly/PrivateZoomwithAli
I'm always keen on watching these 🔍 differences and similarities between brokerages, going beyond just revenue share, covering all aspects of joining each brokerage.
this was originally scheduled to be posted 3 weeks from now, but i figured it would help earlier rather than later. Glad you're enjoying them! What other Q's do you have?
Love seeing agents doing video and comparison videos always do well and you have a good presence on camera but so you know, most of your facts about REAL you are claiming are completely wrong. I'd be happy to send you a copy of our ICA and policies, they are all up on a public website for anyone to read. First off, if you don't close any transactions, you don't have to pay the $750 annual fee and it does NOT come out of your revenue share. That $750 fee was the basis for your entire argument that REAL is some how more expensive then eXp, it is not. Let's say you do close 3 transactions a year and do pay the full $750 annual fee, REAL is STILL way cheaper then eXp because we are only taking 15% compared to 20% and our cap is $4,000 less a year. If you watch my video comparing the cost of REAL to eXp to LPT, I have run many different scenarios in spreadsheets and REAL is waaaay cheaper then eXp in every single one!
ok. Around 5:00 you claim that our caps are exactly the same because you cap at $80k in GCI in both companies...you left out the fact that you are spending $4,000 MORE at eXp to hit that cap then at REAL...at 6:30 you claim because REAL's transaction fee after you cap is $35 more then eXp's so if you are doing 50+ deals a year it's cheaper to be at eXp, again this is not true at all. At 50 deals a year, when you factor in the free stock you receive at both companies, you are savings $10,253 a year at REAL broker compared to eXp. Again, go watch my video breaking all of this down in detail.
I don't know who you are listening to that our revenue share model is not sustainable but it's nonsense. REAL gives up to 60% of our monthly income back to the agents in the form of revenue share and yes, that is sustainable. We are continue to report record profits every single quarter. In fact, last year REAL did make a change to make it even easier to unlock Tier 2 benefits so they pay agents out even more. One thing to keep in mind is that REAL is not just a brokerage, we have 3 streams of income. Our cloud title company, our cloud mortgage company and our cloud brokerage. We are about to add a 4th stream of income with our REAL credit and debit cards as well.
Hi there! Thanks for taking the time to watch my video, dissect it, and comment! As you can tell, the majority of my videos are helping agents scale their business, and I’ve only ever made 2 videos out of the 174 videos I have on my channel. Glad you found them and after looking at your channel I see you do a lot of them!
I see you’re prior USAF, me too! I separated after a decade as a Major from OSI. 🤘🏽
I’m sure as you can tell as well from the chapters, I spent 4 minutes out of the 19 min video on $750 annual fee. I also go into many other differences. Due to exp’s lower post cap fee, as you know, heavy-hitter agents will make more with Exp than with Real. And the co-sponsorship reduces the amount of revenue share, especially now with Exp’s first 4 levels being unlocked.
Rev share: Real and Exp give roughly the same back to the agents monthly. That’s great that Real made it easier to unlock Tier 2! With Exp the first 4 levels are automatically unlocked. Also, there isn’t any co-sponsoring with exp, so you don’t have to split your revenue share, which makes exp IMO more collaborative, because you want your downline to sponsor others in, vs agents squeezing their way in to co-sponsor an agent you have been working for months to recruit, when that sponsor can’t technically add any benefits according to Real’s ICA (coaching, lead gen platforms, CRM, trips, rebates, or currency).
Income streams: Congrats on Real adding a 4th stream of income! Exp has been at about 10 different ways to make money/income streams for years now.
That’s the great thing about these virtual brokerages. There’s a right brokerage out there for every agent, whether they are a heavy hitter, or not.
So if I join you then you will become my sponsor and EXP will assign me a local Mentor? I’m getting my license soon and honestly I would like to have someone there in person to walk me through my first deal. Thanks
That's exactly right. I would be your sponsor and help you scale your business, lead generate, etc. (We have great trainings, 1:1 and group coaching for you, for free). And your mentor will be assigned by exp and will be boots on ground for you. You can ask them to attend your buyer consultation, listing appts, etc.
@@AlitheAgent Thank you so much. From talking to other future license holders this was probably our main concern. We want to join a brokerage that will walk us through our first transaction. If EXP can provide that then it’s a no brainer considering all the other benefits EXP will be providing. Thanks again.
Great Question! I was wondering the same thing. Thankyou for responding Ali! Great content...
Not going to lie exp silos do suck lol
Thanks for your comment! I’ve never once felt like we were in a silo. But granted my Upline offers so so so much, I don’t need to look elsewhere.
@AlitheAgent that's exactly why lol the traing you get can't be shared and we can't change our sponsors. That being said exp is still better than the rest. The silos are just a real thing and it sucks just the truth
Real is a knockoff exp
Ahaaaaaa🤣 Don't forget to mention "Cheap" Real is a "Cheap KnockOff eXp lol🤣