eXp Realty was the second brokerage I joined. I have been with 5 brokerages in my career and ultimately came back because this company is the best in my experience. They have an incentive called ICON agent that will allow you to gain shares in the company. They have many events online and IRL where you can meet other agents and grow as an agent. It is cloud-based, so no extra fees and the commission is 80/20 with a 16k cap. The company uses KV Core as the CRM and its only $85/mo for all of the benefits of being a realtor with the company. Many brokerages do not offer agents the opportunity to cap and require that you pay desk fees, but not eXp. Since its cloud-based do not have to report to an office any time and training can be done on your time, anywhere. There are a plethora of resources on eXp World and someone is always available to help. Lastly, you have FREEDOM! You can market yourself and build your own team. Its like having your own firm within a firm.
Cons
It is cloud-based, so unless you join a team, it may be hard to remain motivated. Many of the mentors are not very involved. I wouldn't recommend a new agent join unless they join with a team that can provide the support a new agent would need.
eXp Realty Response
1y
Thank you for sharing your experience! It’s great to hear that after exploring multiple brokerages, you found eXp Realty to be the best fit. We love that you’re taking full advantage of the flexibility and resources available to build your business. We appreciate your positive feedback, and if you would like to connect further, please reach out to us at corporatecareers@exprealty.net.
The revenue share is great and makes it worthwhile
Cons
all calls to support are outsourced and are seldom able to be solved over the phone
late response to emails in a business where time is money
need to sign on to their virtual cloud world if you need some help in the field which can be inconvenient when you are actively showing houses
has lost all sense of a small brokerage feel, especially when you need help or help navigating a transaction.