exp realty explained
TRANSCRIPT
Welcome To The Future Of
Real Estate
™
The Agent-Owned Cloud Brokerage ™
Technology & Timing is EverythingBlockbuster vs. Netflix
Technology is Changing Everything
Cloud Based Real Estate Company
BRICK & MORTAR CLOUD BASED
• Cloud Based Real Estate Company• Revolutionary Lead Generation
• Agent Owned Company (Public Stock)• Un-Paralleled Revenue Sharing
4 Disruptors
WHAT IS A CLOUD OFFICE?• Allows for “real time” interaction with top professionals around the world.
• Allows you to do your business ANYWHERE you have the internet• Access your paperless transactions• Attend sales training and company meetings• Meet with EXP support staff
• Creates a collaborative community• Regus corporate suites membership
REDUCES EXPENSES….enables OUR brokerage to share additional revenue with it’s agents!
Revolutionary Lead Generation
– Marketing and Lead Generating
“Make it Rain”- Exclusive to eXp.Runs internally to Kunversion.Fraction Of The Cost of Zillow.
Normally Costs $999 Startup and $6000 Per year.Provided To All Agents As Part of Tech Package.
The Agent-Owned Cloud Brokerage®
AGENT CENTRICOwn Your Career, Own Your Brand, Own Your Brokerage, Own Your Life
Company Stock Acquisition
• First Transaction of the year – 100 shares• Agent Stock purchase program - 5% of your commissions can be used for
stock purchases at a 20% discount• When you CAP- get 375 shares• Refer an agent – get 375 shares
• BUY IT! – publicly traded stock• ICON- After CAPPING at 2.66 million, sell 20 more transactions
– $250 per transaction to eXp = $5,000– Earn $16,000 in stock- thank you ICON!– Cash ¼ now and rest vested in 3 years
Vested In 3 Years
Revenue – Expenses = ProfitCloud Brokerage = LESS Expenses = MORE profit = eXp can share OFF THE TOP !
https://youtu.be/zEr9SXvZ6BI
Revenue Share vs. Profit Share
$2,800$3,200$2,000$1,200 $800$2,000$4,000
Max Revenue Share Per
Agent
Create Passive Income for Retirement$3,000/month in Residuals
• 6 Cappers X $2,800 = $16,800
• 6 Cappers X $3,200 = $19,200
$36,000/YR
242 of 111,000 (.002) ($3,000/MO average)
(plus you have 2250+ shares of stock)
You refer 6 Agents who each refer just 1 !
Passive Income Example
• 1st Level 10 x $2,800 = $28,000 YR
• 2nd Level 100 x $3,200 = $320,000 YR
• 3rd Level ? • 4th Level ?• 5th Level ?• 6th Level ?• 7th Level ?
10 Agents Who Sponsor 10
$348,000 YRwith 110 agents who capPlus 3750 shares of stock
**********************Cap = sales of $2.66Mil
Is There Room For Growth?As of Nov 1, 2016
#Agents EXP Board of Realtors
Austin 162 7,000+ San Antonio 186 8,000+ Dallas/Ft Worth 166 20,000+ Houston/Corpus 65 25,000+ ****************************** Texas 563 60,000+
Nationally 2000+ 2 Mil
Startup Costs and Fees
• $99.00 Startup (one time)– Includes 1,000 cards, folders, Lead Generation site, word press
site, Google business site, eFax account, and so much more…. – includes first monthly technology fee
• $50.00/month technology fee– Includes cost of avatar and cloud office as well as use of
Kunversion.• $420 / year – University Educational Fee
– Taken out of your first transaction– Pays for all cloud classes & staff
• Commission– 80/20 split until CAP
• No Royalty• CAP at $2.66 million in sales/$16,000 paid to eXp
• Per transaction fees– $25 Broker review– $30 E&O insurance ($500 cap/year) (17 transactions)– For capped Agents (100% commission)
• $250 fee per transaction for next 20 after you CAP ( ICON Agent earns $16,000 in eXp Stock ! )• $75 fee per transaction after that.
Commission and Transaction Fees
Success Stories
Chris Lefebvre, Methuen, MA
Exploding Real Estate Sales
• Part-time for six years prior to EXP
• 26 closed deals in his 1st year full-time• Added Assistant to his team
• Added Buyer Agent• Closed $10+ million in his second year
Ian Marshall - Atlanta, GA
Brokerage
• Independent Brokerage for 5 years• Moved to EXP with 17 agents
• Grew to 100+ agents in 24 months• Grew to 190 agents in his 3rd year
• $100K+ Revenue Share
Success Stories
Kerry Lucasse, Georgia
Revenue Share
• 1st year 29 agents in revenue share team • 2nd year her total exceeded 100 agents!
• $100K+ Revenue Share
Production
• 700+ Transactions in 2 years (with technology)
• $90 Mil closed volume 2015 (7 Figure Commission)
• On track for 400 units 2016
Success Stories
Facebook.com/ExpRealtyExpRealty.comExpCloud.com
Join.ExpRealty.com