eXp Realty - #1 Reason WHY You Should NOT Join eXp Realty | What you need to know first
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- เผยแพร่เมื่อ 27 เม.ย. 2022
- Don't join EXP Realty until you know the #1 reason why this company is a disruptor!
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As a new agent, I was on the fence between KW and eXp Realty. I recently joined eXp and your video goes to show and prove to me that I have profoundly made the right choice! Following you on LinkedIn and I can't wait for more content and get my business going. Thank you! Great video!!!
So? How has it worked out?
How has it been so far?
Well done. Thx for the share
I am so glad I left KW after 7.5 years and went to EXP.. it was a life changer!
Hey Jodie. Im currently finishing up real estate licensing school. And Im on the fence between KW and EXP Realty. However Im seriously leaning to EXP. If you have any advice or words of encouragement. I would appreciate it.
I just want to have a mentor who actually answers calls or texts during important transactions. Help me with questions a client may have or when I have something done in a transaction, what is the next step in the transaction. I don't want to screw up the transaction and I want to make sure it's done correctly. I see a lot of TH-camrs who have a big team but people say how they never seem to be there when they need them in important times. I just passed my exam yesterday so I am looking into EXP. I have been researching the past year though.
eXp will assign you a mentor who will help you with all of that. They did for me!
This is one of the best explanations of the why EXP is exploding worldwide. After owning and the Coldwell Banker master franchise for all seven Latin American countries including Costa Rica Panama and Belize, with six franchise offices opened in less than two years, your explanation hits home exactly why not tying your hands behind your back with overhead, liability, business operations, eXp was a no brainer for me. Just celebrated my fourth year when I joined over 15,000 agents today there’s over 80,000 agents and 23 different countries. Thanks for Sharing and to build a better model to where the hard work of the agents have residual cash flow at retirement.
Are you still with exp!?
@@Anna-lb4ux Hi Anna, yes, I am five years and counting why?
@@uniquepropertiesgreenville1181 thanks for answering. Lots of Agents here told me they moved to Real from exp. I am in Alberta.
This was the BEST way to explain this. Thank you so much. We are coming over in September.. Many other reasons but this was the icing on the cake for me. Thank you and you explained it so very very well.
Tina I appreciate you SO much!! You are one of the many reasons I am here!🎉🎉🎉
Excellent presentation. Love your clarity, passion & dedication..!
Thank you so much, Tina! You just opened my eyes. I wasn't aware of all of this. You're a gem!
You are so welcome Joe!!! Most people don't realize this and it's a MUST to know WHY you would join this company!
This is amazing! Thank you for explaining it so well!
Wow, thank you Tina, learned a valuable tip, appreciate you! So happy to stumble upon your amazing video. 🥰
Loved the brokerage business model breakdowns! Great video Tina!
Thanks Callum!
WOW I am not even into Real-estate, just researching exp - The company that I might use to lease my home. THIS information was amazing thanks for the explanation Tina.
In all the videos that I have watched about EXP, I can’t find a single reason NOT to become an agent with them. I am in the process of moving my lic. to them.
I had an opportunity to move to them several years ago, but the agent I met with was not clear on the model. I declined. I wish I had someone like you to go thru the opportunities EXP has. I have come across several people who have had the same thing and they passed as well. They are now with EXP. Live and learn.
as a brand new agent who joined exp, i have decided to leave. A brand new agent NEEDS proper training and support, not emailing and texting back and forth to get answers. As far as training, it's all videos mostly and watching video after video is just not working out for me, led to boredom. Learning is done by doing, one on one and in person, exp is just not a supportive environment for brand new agents. It's a great model for agents with experience under their belts who can work independently without much guidance needed, plus they get to take more commission home. For brand new agents, it's a chaotic and overwhelming virtual brokerage where you're pretty much left to figure things out on your own or you end up emailing people at exp back and forth to get answers, which to me just doesn't seem effective or efficient.
As a retired high school administrator and teacher of 35 years, I am in the process of attaining my real estate license. Currently researching and meeting with a number of groups and looking to decide where I should land once finished. Recently met with eXp (Alberta, Canada). I actually believe this is the future of real estate. Tons to learn! Thank you Tina - I subscribed to your channel. I am excited -
Really awesome video thanks!
I was very very let's say extremely dissapointed of joining EXP...but I think I had too many expectations and I was relying of false promises...but now I have to say that I do believe in EXP and the potential but you have to be ready for it...and truly disregard what any sponsors will tell you as in the beginning, it's not going to happen...However, EXP is very good...but be patient!
i understand thank you Tina
Wow!!!’ Thank you for this explanation. I am checking EXP. It hit me when you mentioned Airbnb… I run one and it’s a new model. I AM NEW to Real Estate. Am studying for my NY lic. Thank you for this videos.
Best explanation I've seen
Thank you for this! Your video and explanation are truly insightful.
I have an interview with REMAX Japan coming up November 7th.
After watching this, maybe I will be the one asking them some questions.
Thank you so much for this video! I’ve been teetering between KW and eXp. KW has a lot of fees and I don’t want to commit to having to go to an office, I want to go to the office when needed. Great video!
Wonderful! I know you'll love your decision!
Your video made me excited to join! 🎉
Great way to explain it.
I’ve been a new agent in Ohio for the last year with only having 1 transaction and currently have a commercial listing. Fees are due soon and my husband had invested so much money for this and not really any return . I’ve recently heard about EXP but it’s hard to sign on when you have to put $149.00 up front along with $85.00 a month. Thanks Angie
I completely understand, Angie! There are a couple of upfront investments, but they're truly that: Investments in your (much brighter) future in a brokerage where 90,000+ agents are all facing the sun together, sharing their immense knowledge and are a community of "if you win, WE win!" I'm happy to discuss with you further if you haven't already made your decision. Click here to set up some time with me! calendly.com/tinacaul
Great video!
Hey Tina. I’m currently finishing up studying to get my real estate license. Was in the fence about joining EXP or KW. Ut after watching your video it gave me chills down my shine listening to your passion. I want to work with ppl like that. Can’t wait till i get my license and can change my life as you have done. Thanks for the clarity.
Come join my team! tina@caulteam.com. Good luck!
Great video! You didn't mention the desk fees with RE/MAX. In my market it's 95/5 plus around $1,000 per month plus more fees.
Wow, that's a lot. What are the average property values in your market?
Just curious about the breakdown for EXP's, E & O Insurance Policy and how much it costs to pay a retainer fee for Attorney Services and whether EXP provides Attorney Services and who pays for it if ever needed?
Hi Paul- email me at tina@caulteam.com and I can send you the info ASAP!
I start my Real Estate license course next month and have been looking for a video to explain and understand how EXP and other agencies work. This explained EVERYTHING in such clear form. Thank you soooo much. Now I’m super amped to get this ball rolling. Your videos have helped me understand tremendously.
Same here! Best of luck🎉
I’m about to get my license, just curious have you joined yet?
Thank you Tina for the passionate presentation 👍I just got my CA real estate agent license, and looking for a brokerage company. This video is giving a lot of information than other videos that I have been watching. It’s very useful. Your passion is cheering me😀Hope I will find a mentor like you.
Glad it was helpful! If you'd like to book time with me, click the link in the Description and we can chat!
Good stuff, Tina!! ❤🤙
That was likely our brokerage / teams move last year in NJ.
Just passed the exam and I’m confused because one of the legal requirements of being a realtor is having a physical location for signing documents.
Hi, Jonathan! I'm not sure where you are located, but those are not the rules here or anywhere in the US that I'm aware of for a brokerage. You will usually be signing documents for closing on a home at an attorney's office or closing specialist (escrow agent) office depending on your state laws.
I love this. I have been doing alot of research googling i even did two walk throughs of the exp site with agents and alothough im still in the process of passing the test i want to join EXP once i get licensed. I will be joining solo though thats what scares me but the pros outweigh the cons
Wonderful! I'm happy to speak with you if you'd like even more 'first-person' info. Click on the link in the description to schedule some time with me this week!
Amazing 😊
Not saying I don't want to join eXp eventually, but I would like to get some hands on experience first. At least for the time being and in the location I'm in KW is my best choice. Afterwards, I'll join eXp.
Thank you Tina. It is really hard for me to tell my boss that I will be joining EXP, as he has been so wonderful to me. But after 20 years, I'm blown away with this company. I was perhaps too lazy to switch company but this is a no brainer. It was well explained to me as to what it has to offer, but I think you are my final kick out the door of Re/Max who has been my home for sooooo long.
Wonderful! I was with REMAX as well. Call me anytime 919-665-8210
I want to join your team after I get out of real estate school...do you have training for new agents...to hit the road running..your video has really brought light to me ..I was definitely unsure which Avenue but you helped me come to a clear decision
Yes we have. By the way here's the link: th-cam.com/users/shortslQWk6tUO5Ig
@@tinacaulshow thank you
I'm a new agent and I've been looking into kw, exp and lpt.
Happy to hop on a call with you! Just click on the link below the video!
Jesus! I need an upline/Broker like this... Thank you so much for video
YES! again!
I am in the process of finalizing my decision to join eXp Realty this week. Once again, thank you for the valuable information.
Wonderful! Thank you and I know your New Year is going to be amazing with eXp!
Just Joined and looking forward to the experience
YAY! Hope it's been great so far!
Hi, can you recommend a few top teams for me to talk to in Greater Seattle area?
All markets are different, but it's suicide to join EXP in Southern CA. This is especially true if you wanted to be taken seriously as a commercial real estate agent.
Why so in So Cal?
@@JimmySaul888 Because the property values are higher out here and property owners are going to list with bigger/more respected companies. EXP is not taken seriously out here. The cloud model doesn't look high image.
I read somewhere in the comments that is not good to join if you’re in California ? Why ?
What is your reasonable expectation eXp will continue to honor your royalties even after you leave? Are the stocks considered preferred or common?
There is a vesting period with all company-issued stock. Book a call with me using the link under the video and we can discuss it further!
I think I would like to join exp but I need to know the fees/dues and I understand that I have to find a sponsor to join their team - how do I do that? I am in WA, does distance matter or can I ask to join a team like yours? Thanks
Hi Tirzah! Email me at tina@caulteam.com and we can discuss you and I partnering :)
This is one of the best explanations of the why EXP is exploding worldwide well done Tina
You are SO right! Thanks for watching!
Hi,
After watching your few videos I want to join Exp but I have few questions which is stopping me to join it like about mentorship ,if any problem occurs during transaction who will help & also m looking for sponsor in Nj.What will be the best way to reach you to get all answers I need.Thank you of sharing all info about this virtual realty .I am a new Real estate agent .Waiting to get reply from you .....
I take my exam next week and I am confident I will pass it! I’ve been leaning towards exp after some research but I don’t know anyone to list as a sponsor. What is the point of a sponsor will they be the ones mentoring me? What is the difference between a sponsor & a mentor?
Your sponsor is the person who introduced you to eXp. They can be anywhere in the world as long as they are with eXp. Mentor is the one(s) who lead, assist, train, etc. Side note, I have a good friend whose name is spelled the same as yours. Hope you did well on your exam.
Thanks for the response & yes I passed! 😁
Hi! Happy to discuss what sponsorship means! Send me a message tina@caulteam.com and we can discuss.
Hi Tina , Do I need a license in every state that I want to sell in ? Also I does exp offer ppwk processing for those of us that aren't the best at it ?
For the meta verse thing do we need some sort of oculus? Or is it just via the computer ?
Computer! Maybe they'll have a headset-based experience soon? lol
I would love to train with you!
I am about to be licensed in the next week. 😊
I'm confused: if 50% of all money generated goes to agents, doesn't that mean that the EXP model translates to the equivalent of a 50% commission plus traditional corporate benefits without the benefits of working in an office, like printing?
Hi, Sam! Sorry you're confused! It's 50% of the Company Dollar side of our splits... So, 50% of the 20% we pay eXp Realty is reinvested back into things like our Revenue Share, infrastructure, tools, resources, training, etc. Book a call with me using the link below the video and I'm happy to clarify everything for you!
Are you in EPIC.
Couldn't afford the $85 a month which is why I didn't last at exp and my mentor lived so far away and an 80/20 split.
It was cool just couldn't do it
Sorry to hear that! We needed to get you selling more homes faster!
How were you able to unlink your license? I have been trying to to so for months and I ant reach anyone
cut out the coffee an sweets make a budget ... quite over $85 month ... what did your "mentor" advise you with?
What do you think about Realty One Group. They have a much different commission structure.
There's room for everyone! Schedule a call with me and I'll help you compare all the major players in the industry. :-)
Thank you for your information. You're very helpful. A Blessing to me.
i'm hearing the same sales pitch i was given when i was recruited to join exp, brick and mortar is old school blah blah blah. exp world works only half the time, i have constant issues launching it.
Do you think EXP is good for new agents? Like brand new lol?
As a former re/max agent, I’m not surprised. That model is sadly dying a slow death.
I just got off the phone with exp im new the real estate world and wonder if exp is bad
Oscar... exp is amazing for new agents if you are with a coach like me that can help you. Email me at tina@caulteam.com and I will help you decide!
Is KvCore a lead pond?
No
@@CharlestonHomeGuide Thank you!
KVCORE is your CRM and website :). It's awesome. Our team will sell 1,000 homes this year and we use it!
@@tinacaulshow thank you for your honest reply!
@@tinacaulshow Would you be open to chat more about KV Core, I am in Louisiana....not a competitor market for you :)
How does it compare with Real?
It doesn't. Real, LPT, Canzell, Epique and so many more came after exp. REAL has been in the biz the same time as exp and only has 9,000 agents and we have 90,000. You can always be cheaper and say you're the same but we all know there is a difference. One company came from true genius and the others followed after trying to be better. Doesn't mean they are bad, they are just not the same innovation and I want to hang my hat on something legit than a knockoff. No offense to any of those companies. I just know who leads this company and I like how it's run and where it's going :)
I want to join under you not me. Thanks
Hi Barry- You can join under whomever you choose. It's a great company and your sponsor is important as they are your business mentor.
But KW owners also share half of the profits with the agents that helped them grow, I'm still trying to see why exp is better than any other Company
correct. Half of the "profits" AFTER all expenses. eXp shares the revenue BEFORE the expenses so it's 10x more :)
My friend Gabe just joined Exp Realty oh no!
Why is Keller Williams split so bad? It seems like all the people who need there hand held are all the people who will quit within two years
Sadly any agent can make these errors nof just EXP as it's the person who is to blame. I've seen dishonesty everywhere
So true! We just have a community that supports through a shared desire to learn and grow - which you won't find at a lot of other companies.
People's existence is not a industry 😒
Nor a business
Seems like an MLM/pyramid scheme to me.
Jordan! Thanks for the feedback! Book a call with me using the link below the video and we can discuss what an MLM/Pyramid is and how we're NOT! ;-)
I’m getting my real estate license soon and can’t wait to join EXP