Joining EXP, whether opening my own brokerage or joining one.

[Trevor Aydelott]

I wonder if it would be smart to join a company like EXP and be able to flip properties across the country. And either opening my own brokerage or possibly joining different EXP offices wherever I travel to do business. 

Obviously I don't know if that is legal. 

Anyone part of EXP, that has an opinion on this? 

[Charlie Cameron]

@Trevor Aydelott Well you'd still have to be licensed in each of those states individually if you wanted to use your license and make offers/list/commission on those properties across the country.  Yes, you'd be able to stay with one company and pay one $16,000 cap regardless of how much you pull in in each state, but joining eXp doesn't give you the ability to practice real estate as a licensee without that state license.  

I think that makes sense.  Hopefully that helps.  

For your own interest, eXp does have their own iBuyer program called Express Offers where they bring institutional investor companies in.  Agents can get certified and then provide (and advertise) cash offers to on or off market sellers.  It's an interesting program.  Agents win and often get to relist the property for flippers (2X commission) and get to advertise cash offer ability - and if the seller doesn't like that offer, that agent can take it to market and list it.  Investors can get a virtually unlimited source for more deals to flip or buy and hold. Sellers win because they get a cash offer option (and pay half the commission on a sale) on top of the option to list.