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Updated about 1 year ago on . Most recent reply

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Andrew L.
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Does Anyone Have Experience Working with eXp As a New, Part-Time Agent?

Andrew L.
Posted

I recently passed my real estate license and am looking to join a brokerage. I'm only looking to be a part-time agent as I already have a career in another field, where my time is spent M–F. Through online research, eXp keeps coming up as one of the better options for part-time agents. However, I've also seen feedback that eXp is best for seasoned agents (which I am not), and new agents may not get the support they need, unless they have a good sponsor.

Any feedback or insights on selecting a brokerage from part-time agents would be extremely appreciated.

Most Popular Reply

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501
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Marian Huish
  • Real Estate Broker
  • DC MD, VA & NV
287
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501
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Marian Huish
  • Real Estate Broker
  • DC MD, VA & NV
Replied
Quote from @Jonathan Greene:

exp and Real and other cloud brokerages have the advantage of lower splits and few main offices. But, the brokerages and most people who contact you from them are just trying to get you in their downline. Cloud brokerages only care about their agent count in reality so once you sign on, your access will be in Workplace, so as a new agent without an office, it can feel like a vortex. I personally think it's a smarter model than the big box right now, but you will get more real life training at a big box.

Actually Jonathan, my goal is to offer agents the ability to be an agent-owner of their brokerage by receiving stock awards, and the opportunity for monthly passive income streams that sure help you to 'get buy' in a down market when commissions aren't coming in.  I'm getting paid as a Broker but without the responsibility or liability of being a Broker... yes, really.  Every time one of my agents has a sale, I get paid, regardless of where they're located.  And I still sell real estate and focus on serving my clients just like you do.  I'm also focused on helping agents.

After 15 years with a traditional brokerage, I now feel foolish for the low commission splits that I  received due to the need for the brokerage pay for all that bricks and mortar- who goes to an office to buy real estate?  All brokerages recruit.  Most brokerages also don't support their agents like a good 'motivated' eXp sponsor with a vested interest in their agent's success.  Most agents can never retire.  You can with eXp.  When I left my last brokerage, I got nothing.  If I were to ever leave eXp, I'd cash out with hundreds of thousands of dollars worth of stock.  But I won't leave eXp because my monthly income (revenue share) can be bequethed to my heirs once I pass... into perpetuity.   And eXp offers health care... and you can do business in any market throughout the US and in 27 countries while collaborating with and gaining support from over 90,000 agents Worldwide...  shall I go on?  So yes, we are focused on recruiting agents and showing opportunities that are unheard of at other brokerages.  They are the real pyramids with the CEO's at the top.  Agents are at the top with eXp.  -Sorry for the soapbox buy you should really look into it... not only for yourself but for your family. ..and for other agents who need your help.  Happy 4th!

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