(Seriously…which real estate brokerage does that?) eXp also provides agents with access to low-cost healthcare programs, a benefit that most other brokerages don’t provide.(The retail price for Regus is AT LEAST $1,200 per year.) If you prefer to work in an office rather than at home, you can find a Regus workspace wherever you are and set up there for FREE. You’ll have access to Regus work locations around the world.The retail price for kvCORE alone runs in the THOUSANDS per year, but you get this included with your fees at eXp. kvCORE’s cutting edge technology and in-depth analytics reports will help you generate leads and build relationships with clients. At eXp, agents get access to kvCOREe, the top CRM management platform in real estate.$85 might seem like a lot at first glance, but that monthly payment provides you with access to a huge variety of online resources. kvCORE CRM) and $35 for the educational resources every eXp agent can access (ex: 60+ LIVE Hours per week). This breaks down into $50 for the technology you’ll be provided with (e.g. Cloud Brokerage FeeĮvery month, you’ll pay a fee of $85 to eXp. This also includes your first month of using the cloud brokerage, which is $85 per month after you start. SAMPLE Independent Contractor AgreementĪs with many online programs and businesses, eXp does have an initial, one-time startup fee of $149.Bonus: ICON Agent Equity (This ONLY happens at eXp Realty).If you prefer to watch a video, check out this nifty presentation on ALL the eXp Realty fees you’ll ever need to understand.ĮXp Realty Fees Explained: What You Need to Know If you’re tuning in from another country or need clarification, get in touch with me and I can provide you with further information relative to your homeplace. It’s important to note that these fees reflect US dollars and the US market, and it is possible that things could change for everyone in years to come. It might seem confusing now, but by the end of this article, you’ll know everything you could desire about the fees of eXp, both the obvious and the not-so-obvious. Factor in the monthly fee of $85 and you’ve earned $7,850 for the month if no other transactions are made.Here’s a quick breakdown of the exp realty pay structure and what fees you’ll pay in a typical transaction at eXp Realty (assuming the agent has not capped and is not in the Mentor/Mentee program): While eXp Realty has fees similar to the rest, as a fully online brokerage, many are a little different, and some are not there at all. These are the things you might not initially think about that will help you succeed when you get to selling. At any realty brokerage, there will be fees to pay for office space, training, advertising, software, and other similar bonuses. EXp Realty is a unique brokerage, which means it can’t run the same as every other one out there.
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