Why We Left Keller Williams and Joined eXp Realty

Hi our friends were wondering why we left Keller Williams and joined eXp Realty. and what prompted our move? And that's what we're gonna be talking about today so you may want to stick around. Hi this is Lynn Alvarez, a Realtor with The Ally Group of exp Realty in Charlotte North Carolina. And I'm Albert Alvarez and together our team is Th Ally Group. We cover Charlotte, Lake Norman area, Cabarrus County, Union County and the nearby South Carolina cities. If you have clients who are thinking of buying selling or investing in real estate out here in our area, please give us a call. We will give you a referral fee if you're a licensed real estate agent and we will take care of your clients. So, before we begin let's be clear we have nothing negative to say about Keller Williams. It's a fine company that has a lot of great features that appeal to many an agent. We were looking for something more and we found it through eXp. We were with Keller Williams for over four years. Wewe first joined the Keller Williams in Huntersville then moved to South Park in Charlotte. We enjoyed the relationships we had with Keller Williams agents. That's right we still count many kW agents among our friends. The truth is we just wanted to share our reasons for joining eXp and demonstrating why eXp is the future of real estate brokerage. We are lucky to have been sponsored by a mega team, the Lepage Johnson Realty in Lake Norman. It took a year for Shelley Johnson to convince us that it was the right time to move. Actually there were several eXp agents contacting us to attend meetings or Lunch-and-Learn events, but it wasn't until Shelly Johnson introduced us to Brent Gove over lunch that it was really the right time for us to leave Keller Williams and join eXp Realty. Brent Gove ran the biggest Keller Williams franchise in the country before joining eXp Realty. He is very successful with many agents on his team and selling hundreds of millions in volume per year After learning in greater detail about the benefits of eXp we knew that we needed to make that switch right away. The first reason is compensation plan. With Keller Williams the split was 70/30 with a $25,000 dollar cap. With eXp Realty the split is 80/20 with a $16,000 cap, meaning after the cap we get a hundred percent of the commission we earned. That's $9,000 savings, If you have a team, the team members cap is only $8,000 and you don't have to pay any franchise fee. The second great feature that drew us to eXp was the revenue share plan which offers security and an exit plan for when you want to retire from real estate selling. If you're not contributing to a retirement plan or if you get disabled and cannot work anymore the experiment you share is the best alternative. Keller Williams has a giveback called profit sharing meaning you get a share of profits after the market center owner has deducted expenses and taken his or her cut first. You're getting something from agents you sponsored, but because the formula is unknown the profit share is unpredictable and could be either up or down like a roller coaster. The eXp model is completely different. eXp will give you a table that shows very clearly what you should expect from any sponsored agents. You can see it transaction by transaction. For example if you bring in five capping agents and those five agents bring in five capping agents you will get ninety four thousand dollars total annual residual income this is just an example. We have a full video explaining revenue share in depth. And the third reason why we joined exp is because operating in exp virtual world is so much convenient than going to an office or a training or meeting you don't have to worry about getting dressed for work or commuting to get to the office in time. You can access training in the comfort of your own home. Every Sunday you will get an email with a weekly schedule for 60 plus hours of live training in exp University. Exp agents and experts from around the world discuss topics from real estate basics to business building and much more you. You can also go to exp world to get real-time support for all types of services such as agent services, technology, and accounting. Using Virbela virtual campus has given exp the ability to expand into new markets quickly, cut costs on brick-and-mortar operations, and hire the best talent no matter where it may be. Exp agents who regularly use the eXp World are more productive, sell more houses, and make more money. We have a full video explaining the exp world so watch out for that. The fourth reason we joined exp is that we'd be provided with a technology to grow our business this includes a lead generation website and CRM called KV Core It is a powerful lead generation platform provided to all exp agents. Agents also get SkySlope, an electronic document transaction system. You'll find classes in the eXp world on how to generate leads using a KVCore platform as well as training on SkySlope slope several times a week. These two platforms together go for about six thousand dollars a year. The eXp agents get them for a nominal monthly fee. We also get a business platform on Facebook called Workplace. This is is perhaps my favorite tool because you can join many groups and get answers to your questions quickly, find referral partners and communicate with agents nationwide. Workplace lends itself to collaboration with agents nationwide on a scale you cannot even imagine. The number five reason is equity opportunity. eXp Realty is publicly traded on the Nasdaq The company offers each agent a unique opportunity to be a shareholder and celebrate the company's financial success. There are three ways agent can earn equity Awards. First, the sustainable equity plan allows you to earn shares upon closing your first transaction, when you fully cap and when the agent you sponsor closes his or her first transaction. The second opportunity comes when earning a prestigious icon agent award where you'll earn up to $16,000 in stock upon the achievement of certain production and cultural goals within your anniversary year. The third way to earn shares is through the Agent Equity Program. If you enroll in this program you contribute to eXp's 5% of your transaction commissions to purchase company stock at a 10% discount. Another benefit to eXp is free access to the Regus Business Lounges worldwide. eXp is cloud-based with no brick and mortar office, but if you want to meet clients in a safe corporate environment, you can use your Regus office nearby. Regus is the world's largest provider of flexible workplaces and has offices in almost 100 countries. There are many reasons why we joined eXp Realty and we just mentioned about the six major ones. We should also mention that eXp has been named the Best Place to Work for three consecutive years by Glassdoor's Employees Choice Awards Finally and the seventh reason why we joined exp Realty, is because it offers low-cost and innovative health care plans to U.S. eXp agents. It helps agents save money by decreasing out-of-pocket costs. There are also options for dental and vision. exp Realty is now in different countries; the UK, Australia, Canada and more to come. There are over 2 million real estate professionals just in the US alone. Think of your future when eXp starts to dominate the industry. It's not too late for you to join exp Realty. The company's exponential growth is phenomenal. In 2016, there were 2400 agents and as of this video there are approximately 28,000 agents worldwide. Agents are excited to join eXp's global success because it is the future of real estate brokerage. If you're interested to learn more about eXp Realty, give us a call at 704 975-2429 or 704-957-2232 There is a link below if you want to email us instead. If you are a new real estate agent, this is gonna be a groundbreaking opportunity for you to make it big in this business and if you are a seasoned professional, think about retirement. We are not getting any younger so, we need residual income for our golden days. Please like this video if you enjoyed watching it. Thank you so much for watching and we hope to see you soon.