eXp revenue share.Â
What is it exactly? People often ask what it is and how it works.
Revenue share is kind of similar to say how Ray White or other franchises operate. For example, Ray White Real Estate have Business Development Managers (BDM), and their job is to convert other real estate offices to the Ray White brand. At EXP, we don’t have BDMs. We have 89,000 agents across 24 countries who have the opportunity to help other agents join our company.
If an eXp member wants to adopt a leadership position and help an agent transition into eXp, so that they can also have their own business (and if you join our team, I can support you in doing this) the eXp member can sponsor someone into the company.
So, when that agent, say that’s you…. Sponsor someone into eXp and the agent you sponsor brings in $100,000 annually in GCI, eXp realty will reward you with $5000 (the first year) and $1750 every year after (plus bonuses)Â
This is paid by the company, and doesn’t come out of anyone’s commission. This can happen every single year (and it goes down seven levels). So if you bring someone into the company, and they bring someone else in, and so on, down to seven levels, you can be rewarded for that. And if you like helping people, it’s rewarding seeing them thrive in their own businesses.
Participation in revenue share is optional, and if you’re interested in learning more about it, please let me know, and I can explain it further. It’s just another facet of the business and another way to create an asset and recurring income. If you stop listing and selling, it can supplement your income and support your lifestyle.
There are many different ways to earn income at EXP, and if you love the company and want to build a business, then EXP is the place to do it. There are no lock in contracts, and you can leave at any time. If you want to know more about revenue share, please book a Zoom call, and we can discuss all the different ways you can benefit from eXp, whether it’s a rent roll or any other asset.
If you are interested in eXpÂ