😊 thank you. Message me on IG or Facebook if you’d like to chat. I can help guide you on first steps. I’ll look for the email letting me know I’m your sponsor!
That’s great. There are production requirements to get that cap on a team. You can have a 1/2 cap at 8k, or 1/4 cap at 4K on a team. Just have to look at the full picture for each individual, and consider team splits as well. What’s the team commission split on your team?
How can you take these reviews seriously when they are canned, prepared frameworks by the company that current employees can use to pitch the company? Not cool.
I can assure you I create my own content. I actually don’t mention a number of things that the company “pitches.”What would you like to see in the review?
@@alisiakrastelcoach Never said you didn't create the content. I said they are "canned, prepared frameworks". th-cam.com/users/results?search_query=exp+realty
Have you watched them? We certainly have some overlap because what EXP has specific features that are beneficial. I talk about the ones that benefit me, as a solo agent, and how it impacts me. Some of the agents in that link focus on recruiting - that's the majority of their business. I'm an active agent. People can take or leave my opinions. If you've seen any of my other videos, you know I don't do anything pre-canned... I call stuff out as I see it. There are plenty of videos about why people left if you'd like to see a list of the negative pieces of EXP. There are hiccups and annoyances, but I'm going into my 5th year here, so if there was something that bothered me enough to disrupt my business, I'd have no problems sharing it and leaving in a heartbeat.
Thank you so much for this video. You explained things SO well for my burnt out brain! Someone I talked to told me about eXp and I’ve been trying to find out more info since I asked her a million questions already lol
Does exp provide access to the mls in California? Will I need to join the local CAR or CRMLS for access or will exp give me access? How does that work?
Thanks for the great information. Do you know if there'll be any admin fee (besides the $250 transaction fee) charged, either as internal fee or to the client on ALTA/CD?
You’re welcome. There is a $25 broker review fee per transaction. No admin fee. You can choose to charge an additional fee to clients, yet EXP doesn’t require one and doesn’t ask you to pay them one.
Your video is very genuine and very helpful. I literally just passed my state exam so I need to get my real estate license with a broker I am looking around but I'm leaning towards EXP. No idea what I am doing but this company seems to be the right path
Thanks so much for the kind words. Congratulations on passing your exam! That’s huge!!! Exp isn’t for everyone but has been amazing for me. If I can answer any questions, let me know b
Hey, depends on the person. How much in person interaction do you need? If you are resourceful, driven, and can skip all the socializing, EXP can definitely be amazing for a new agent. If you love socializing at the office, it’s probably the wrong choice. Not that either way is wrong, just what fits you.
Yes of course there are other fees there is a $250 fee per transaction which will Cap at 5000 and then it goes down to $75 per transaction and then there’s a $40 fee per transaction for errors and omissions and I believe that caps at $500 if you sell a house from their lead generation which is given to you for free then you pay 3% of your commission from that sale.
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.
Sorry you had that experience. I’m surprised you would watch this video about EXP after reading that. I have 6 closings this month, and I can assure you, I’m focused on real estate. Can’t speak for anyone else. You said you’ve been in the business 20 years, I’ve been licensed for 14 and get calls from KW, CB, R/M and local brokerages all the time. Good and bad agents I’ve dealt with at all. I have zero hard feelings and I don’t judge many by a few.
Just found your youtube researching about EXP, and I love your channel! I am currently taking my pre licensing courses to get licensed. As a soon to be new agent EXP can feel like I am going it on my own. A local brokerage can help me know who to contact in my area for inspections, and other companies we need to connect with during a sale/close. If I went with EXP, do they offer advice on all the steps in buying/closing, and how to find and connect with these local companies?
Thanks so much! Yes, you will get assigned a mentor that helps you with transactions, closings, getting all your pieces for working with clients down, and your sponsor can help you build your business, know where to go and show you the resources to help you rock. Workplace is also a huge support- you’ll have a state group in workplace to interact with and get vendor recommendations, and also topic specific groups that support you. Anything you want to learn or get support with it’s right there.
I’ve just started my real estate course but have been researching brokers and so far am very interested in exp! A question on taxes… is the income you receive, whether 80% or 100 when capped, taxed or do you have to pay for that at the end of the year?
It’s whatever you bring home because all commission are wrote out to the broker and they pay you so you need to probably put away 30% in an Another account so you have it when tax season comes up. Also when you start there are many many tax write off and deductions so look that up. You can deduct gas, laptop, business furniture, car maintenance and registration fees etc.. so many deductions because your an independent contractor and it’s your business
Who knows why I have a crab in the background?
Well I know MD is crazy for crabs. Never had so much old bay before in my life 😆
You're in Massachusetts?
@@gloriaclerkin9209 I’m in Maryland ❤️
@@sovietgreen9328 Old Bay is life. On everything!
@@dalemoore288 true story!!! Have you ever had crabs? 🦀
How do I get more info on your coaching program I think it was 2K or a payment plan Group Coaching?
Hi, Cooper. Email me ak@krastelhometeam.com or happy to chat with you. It’s a mastermind style coaching (very small group) with a bit of 1-1
Love to know where you heard about it 😊
@@alisiakrastelcoach I watched one of your many videos and you talked about will reach out soon
I put you down as my sponsor coz your videos helped me make a decision to join. Thank you
😊 thank you. Message me on IG or Facebook if you’d like to chat. I can help guide you on first steps. I’ll look for the email letting me know I’m your sponsor!
Hi, you mentioned a cap at $16,000 in commission... is this per year, per month?
Hi, per year.
@@alisiakrastelcoach thank you!
Yaaaay!! Found you from TikTok! 💖
Awww. Glad you’re here!!!
Unless you're with a team. Our cap is 4k, PLUS our CEO gives us 10% back from every transaction.
That’s great. There are production requirements to get that cap on a team. You can have a 1/2 cap at 8k, or 1/4 cap at 4K on a team. Just have to look at the full picture for each individual, and consider team splits as well. What’s the team commission split on your team?
Love your help ❤️
What do you need help with?
Do u need a license to start working at EXP?
yes, to be an agent, not to work on the corporate side.
Wow! Wow! Wow! The future! 😍
Truly!
Hi, can you be my sponsor. I'm new and need help.
I can certainly help and be your sponsor😊
What do you need help with most?
How can you take these reviews seriously when they are canned, prepared frameworks by the company that current employees can use to pitch the company? Not cool.
I can assure you I create my own content. I actually don’t mention a number of things that the company “pitches.”What would you like to see in the review?
@@alisiakrastelcoach Never said you didn't create the content. I said they are "canned, prepared frameworks". th-cam.com/users/results?search_query=exp+realty
Have you watched them? We certainly have some overlap because what EXP has specific features that are beneficial. I talk about the ones that benefit me, as a solo agent, and how it impacts me. Some of the agents in that link focus on recruiting - that's the majority of their business. I'm an active agent. People can take or leave my opinions. If you've seen any of my other videos, you know I don't do anything pre-canned... I call stuff out as I see it. There are plenty of videos about why people left if you'd like to see a list of the negative pieces of EXP. There are hiccups and annoyances, but I'm going into my 5th year here, so if there was something that bothered me enough to disrupt my business, I'd have no problems sharing it and leaving in a heartbeat.
Do u need a license to start working at EXP?
Yes, if you plan to sell real estate. They do have corporate jobs
Thank you so much for this video. You explained things SO well for my burnt out brain! Someone I talked to told me about eXp and I’ve been trying to find out more info since I asked her a million questions already lol
You’re very welcome
Does exp provide access to the mls in California? Will I need to join the local CAR or CRMLS for access or will exp give me access? How does that work?
Hi, the MLS systems are separate from EXP, so you would subscribe to the MLS you’d want to be part of regardless of what brokerage you are with.
Do they offer continuing education courses?
Hi! About 50 hours of live classes every week. Or, do you mean specifically for renewing your license?
@@alisiakrastelcoach renewing your license
This is a super video. Very informative. I like the way you break down all the streams of income EXP offers agents. Thanks for sharing.
Thank you for the kind words and for watching!
I am thinking of switching. #kaimoonrealtor
Exciting. Happy to answer any questions
@@alisiakrastelcoach great! I will take you up on that. What is the best way to ask you for questions? I have plenty. I do have a sponsor 🙏🏻
Hi Alisia, I just cleared my real estate exam. Can you be my mentor?
Congratulations! You can absolutely name me as your mentor. Fee free to Email me and we can set up a time to chat ak@krastelhometeam.com
Thanks for the great information. Do you know if there'll be any admin fee (besides the $250 transaction fee) charged, either as internal fee or to the client on ALTA/CD?
You’re welcome. There is a $25 broker review fee per transaction. No admin fee. You can choose to charge an additional fee to clients, yet EXP doesn’t require one and doesn’t ask you to pay them one.
Thinking of switching from KW. I'm part-time, from MD-living in NC. Thanks for the information!!!
You’re welcome! Were you in real estate in Maryland 🦀 as well?
@@alisiakrastelcoach - No, I got my license, but never went active.
Your video is very genuine and very helpful. I literally just passed my state exam so I need to get my real estate license with a broker I am looking around but I'm leaning towards EXP. No idea what I am doing but this company seems to be the right path
Thanks so much for the kind words. Congratulations on passing your exam! That’s huge!!! Exp isn’t for everyone but has been amazing for me. If I can answer any questions, let me know b
Interviewed last week with EXP and it seemed to go well. But EXP Lady hasn't contacted me yet for next step. Should I be worried?
Hi, you interviewed with a potential sponsor or team?
multiple streams of income
Absolutely! Multiple streams of income is a GAME CHANGER!
income!
Hey! I'd like to ask you some questions :)
Hi, ask away
Great Video!
Thanks so much!
Can i ask you, for a new agent with no experience in real estate would exp be good. (In your opinon)
Hey, depends on the person. How much in person interaction do you need? If you are resourceful, driven, and can skip all the socializing, EXP can definitely be amazing for a new agent. If you love socializing at the office, it’s probably the wrong choice. Not that either way is wrong, just what fits you.
@@alisiakrastelcoach i made my choice with Exp today. 🥳
@@msyemisi7930 congratulations! Exciting!
@@alisiakrastelcoach 💜
Great video
Thanks!
Wow thx
You’re welcome
Thank you for the video. How much stock do you get per transaction?
Depends, you can set up to purchase a certain amount, and rewarded some at certain milestones.
How’s the lawyers Side at exp. if any agent got into a predicament?
I've never had to use the lawyers side, yet we have the same e&o, broker access, compliance review and legal hotline access.
Are there any other fees besides the $85 monthly fee?
That's your monthly feel. $149 when you start which is a one time fee. And your splits is 80/20 per transaction.
newbie here.. is there a monthly fee aside from the $16k cap?
Hi, there. $85 monthly. It is 20% per transaction until you cap.
Yes of course there are other fees there is a $250 fee per transaction which will Cap at 5000 and then it goes down to $75 per transaction and then there’s a $40 fee per transaction for errors and omissions and I believe that caps at $500 if you sell a house from their lead generation which is given to you for free then you pay 3% of your commission from that sale.
🔥🔥🔥
Thank you
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.
Sorry you had that experience. I’m surprised you would watch this video about EXP after reading that. I have 6 closings this month, and I can assure you, I’m focused on real estate. Can’t speak for anyone else. You said you’ve been in the business 20 years, I’ve been licensed for 14 and get calls from KW, CB, R/M and local brokerages all the time. Good and bad agents I’ve dealt with at all. I have zero hard feelings and I don’t judge many by a few.
What i plan on doing, n not messing around w only focusing on the stupid referrals.
This is a copy and paste comment I’ve seen it on 2 other videos
@@Ryan2024-v5p exactly i would like to know why they copy paste… makes it hard to
believe either side of any information anyone is pushing
Where does one go for customer complaints or call regarding an issue with the agent????
State brokers
Thank you, I'm studying now to become an agent now and taking my state exam at the end of Sept 2021 but there is not EXP in VA can you chat about that
Hi, Rachel! What part of VA are you from? I have EXP friends there.
@@alisiakrastelcoach im in North chesterfield Va, and thank you so very much for responding to me omg im excited
@@rachelbanks778 we are on 81 traveling through to Florida. Radford exit is the next closest.
← Icon agent🔥 EXP💯!
Congrats on your hard work!
Options for paying steep mls fees to get to eXp? Small loan?
MLS fees are not EXP fees. Regardless of what broker you go with the MLS are what they are.
Just found your youtube researching about EXP, and I love your channel! I am currently taking my pre licensing courses to get licensed. As a soon to be new agent EXP can feel like I am going it on my own. A local brokerage can help me know who to contact in my area for inspections, and other companies we need to connect with during a sale/close. If I went with EXP, do they offer advice on all the steps in buying/closing, and how to find and connect with these local companies?
Thanks so much! Yes, you will get assigned a mentor that helps you with transactions, closings, getting all your pieces for working with clients down, and your sponsor can help you build your business, know where to go and show you the resources to help you rock. Workplace is also a huge support- you’ll have a state group in workplace to interact with and get vendor recommendations, and also topic specific groups that support you. Anything you want to learn or get support with it’s right there.
@@alisiakrastelcoach Thank you!
I’ve just started my real estate course but have been researching brokers and so far am very interested in exp!
A question on taxes… is the income you receive, whether 80% or 100 when capped, taxed or do you have to pay for that at the end of the year?
Hi, Lindsay, taxes are after splits. As a 1099 of any brokerage, you’ll pay your taxes after splits.
@@alisiakrastelcoach okay so it happens before you get paid? That’s what I’d prefer. Thank you for the response!
@@lindtothesayyy the split is before you get paid. The taxes you pay to the IRS directly.
It’s whatever you bring home because all commission are wrote out to the broker and they pay you so you need to probably put away 30% in an Another account so you have it when tax season comes up. Also when you start there are many many tax write off and deductions so look that up. You can deduct gas, laptop, business furniture, car maintenance and registration fees etc.. so many deductions because your an independent contractor and it’s your business
Suitability for a new agent?
Depends on your background, how resourceful you are and what your goals. What are your plans for resale state?
@@alisiakrastelcoach Hey, if you are asking what state I am looking to practice in, I am actually in Canada.
Is the $16K one time or every year?
It’s 20% of each commission up to 16k every year.