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eXp Realty The Agent-Owned Cloud Brokerage

eXp Explained - The Agent-Owned Cloud Brokerage

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Learn about eXp Relaty, the Agent-Owned Cloud Based Real Estate Brokerage from Albuquerque Real Estate Agent Rich Cederberg (505) 803-5012.

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Page 1: eXp Explained - The Agent-Owned Cloud Brokerage

eXp Realty

The Agent-Owned Cloud Brokerage™

Page 2: eXp Explained - The Agent-Owned Cloud Brokerage

The Agent-Owned Cloud BrokerageAt eXp Realty, our family of agents and brokers build their own businesses while establishing a direct ownership interest in eXp Realty International Corporation as a shareholder and partner.

Page 3: eXp Explained - The Agent-Owned Cloud Brokerage

History of eXp Realty2014 - eXp Realty is in 29 states and 2 provinces2013 - eXp Realty International became a publicly traded company (EXPI)2013 - eXp Realty featured in Swanepoel Trends Report2012 - Glenn Sanford named Inman Top 100 Most Influential in Real Estate2011 - eXp Realty featured in Swanepoel Trends Report2011 - eXp Realty Finalist Inman Most Innovative Brokerage of the Year2009 - Glenn Sanford Founded eXp Realty, LLC2006 - Glenn Sanford Top 50 REALTOR at Keller Williams International2005 - Glenn Sanford Member of the Agent Technology Council, KWRI2002 - Glenn Sanford Rookie of the Year at Prudential Kelstrup REALTORS

Page 4: eXp Explained - The Agent-Owned Cloud Brokerage

“The Amazon of Real Estate”The 2013 Swanepoel Trends Report identifies the cloud-based model as a powerful new innovation whose time has come. eXp Realty is the company leading the way and continues to be written up in trade and technology magazines.

Page 5: eXp Explained - The Agent-Owned Cloud Brokerage

Paradigm Shift“A dramatic change in methodology or practice. It often refers to a major change in thinking and planning, which ultimately changes the way projects are implemented.”

Page 6: eXp Explained - The Agent-Owned Cloud Brokerage

Early Cloud Adopters

Page 7: eXp Explained - The Agent-Owned Cloud Brokerage

SYSTEMS

Systems

Page 8: eXp Explained - The Agent-Owned Cloud Brokerage

What is a Cloud Brokerage?eXp Realty is changing the way that agents, brokers and consumers work together. A cloud brokerage:● Creates collaborative community● Allows for interaction with other top professionals

around the world● Cuts out expenses, enabling the brokerage to share

the additional funds with its agents

Page 9: eXp Explained - The Agent-Owned Cloud Brokerage

Cloud OfficeImmersive cloud office

expcloud.com/office

Page 10: eXp Explained - The Agent-Owned Cloud Brokerage

SUPPORT

Support

Page 11: eXp Explained - The Agent-Owned Cloud Brokerage

Support At Every Level

● New Agent Services● Transaction & Administration● Marketing & Technology● Business Development● Peer-To-Peer● Mentoring and Upline● Agent, Team & Broker● Executive

Page 12: eXp Explained - The Agent-Owned Cloud Brokerage

Transactions Anytime AnywhereManage your real estate business from your home office or from the beach. It’s your choice. All of your transaction and business metrics are at your fingertips.

● Paperless Transactions● Revenue Share● Transaction Support

● Agent Onboarding● Company Financials● Legal Administration

Your transaction support team is available business hours in the Cloud Office.

Page 13: eXp Explained - The Agent-Owned Cloud Brokerage

Marketing and Technology SupportWorking The Magic (WTM) is an in-house group providing marketing and technology support to eXp Realty Agents. Open a support ticket or visit the Cloud Office to arrange assistance.

● Company Email● Cloud Office● Toll-Free and Fax

● Website Hosting & IDX● RealFutureCRM● Group Workshops

Working The Magic is available business hours in the Cloud Office.

Page 14: eXp Explained - The Agent-Owned Cloud Brokerage

Professional Business DevelopmentEvery agent is the CEO of their business. Learn from top producing real estate professionalswho graciously share their in-the-field knowledge by facilitating sessions in the cloud office. Attend one of three Professional Development tracks to get the latest in information: Business, Technology and Real Estate.

Pam Ostrowski, Business CoachWith over 30 years of Fortune 500 business experience, Business Coach Pam Ostrowski engages with agents on how to think strategically about their business and take measurable action to drive goal achievement.

Page 15: eXp Explained - The Agent-Owned Cloud Brokerage

Education and Sales TrainingOver 25 hours of live weekly training and a growing archive of recorded training sessions. Topics cover today's best industry and business practices.

● Sales

● Listings

● Technology

o Websites

o SEO and Social Media

o Video Marketing

● Team Building

● Business

o Planning

o Marketing

o Lead Gen

● Industry Innovations

Page 16: eXp Explained - The Agent-Owned Cloud Brokerage

PROFITABILITY

Profitability

Page 17: eXp Explained - The Agent-Owned Cloud Brokerage

Work Smarter Not Harder

80% of people are on theleft side.

80% of the money is on theright side.

Robert Kiyosaki's CashFlow Quadrant

Page 18: eXp Explained - The Agent-Owned Cloud Brokerage

Career Arc

Individual Productivity

Team Building

Brokerage Building

Scalability & Expansion

Exponential Earner

Page 19: eXp Explained - The Agent-Owned Cloud Brokerage

Phase 1: Individual Productivity● Limited by the amount of work you can do in a day● Limited by your personal strengths● Limited by your weaknesses ● When you’re on vacation, you’re out of business● Your business is the next transaction● When you retire, your business stops

Page 20: eXp Explained - The Agent-Owned Cloud Brokerage

Phase 2: Team Building● You can grow your income by leveraging other agents (adding

agents)● Provides a diverse talent pool● Multiple opportunities to cover schedules

Page 21: eXp Explained - The Agent-Owned Cloud Brokerage

Phase 3: Brokerage Building● Ensures that you keep your team members on-board due to their

opportunity to build the brokerage● Other agents build their business within your business● Usually limited to a broker owner, not an agent opportunity● Purchase a franchise system and incur costs of bricks-and-mortar,

making less than 4% profit● If independent, you have to create your own

models and systems

Page 22: eXp Explained - The Agent-Owned Cloud Brokerage

Phase 4: Scalability & Expansion● Most brokerages are running below a 4% profitability level● The impact of the business is limited by a small geographic area● Grow your business nationally and around

the world

Page 23: eXp Explained - The Agent-Owned Cloud Brokerage

ExpansioneXp continues its geographic expansion into new US States and Canadian provinces (and into sub-markets within those states and provinces) laying the infrastructure for future growth.

Our State Brokers act as advisors, leaders, and growth experts while fostering team culture and collaboration.

Page 24: eXp Explained - The Agent-Owned Cloud Brokerage

Phase 5: Exponential Earner● Receiving income without being in the business● Exit strategy with life income stream ● Vested after 3 years● Everyone working toward a common goal● Vacation with income

“A Rising Tide Lifts all Ships”

Page 25: eXp Explained - The Agent-Owned Cloud Brokerage

Agent Centric PhilosophyYour career IS your brand. There is nothing more important to your brand than YOU.

Page 26: eXp Explained - The Agent-Owned Cloud Brokerage

Residential, Luxury, REO & Commercial Diverse solutions for every agent...

Page 27: eXp Explained - The Agent-Owned Cloud Brokerage

Basic Website Template

Basic Website Template

Page 28: eXp Explained - The Agent-Owned Cloud Brokerage

Personalized Website

Personalized Website

Page 29: eXp Explained - The Agent-Owned Cloud Brokerage

Kunversion IDX Website

Kunversion IDX Website

Page 30: eXp Explained - The Agent-Owned Cloud Brokerage

Kunversion IDX Website

$395 setup$395 /month

Included with yourmonthly tech fee

Page 31: eXp Explained - The Agent-Owned Cloud Brokerage

Your Brand, Your Listings, Your Leads

You decide what to do with them! EXPLS is your listing service with 900+ outlets. Your listings will have greater exposure and generate more buyers leads for you.

Page 32: eXp Explained - The Agent-Owned Cloud Brokerage

Listing Exposure

+ over 900 other websites

Page 33: eXp Explained - The Agent-Owned Cloud Brokerage

Startup Costs & FeesSetup (one time)$99 Startup Fee * Includes Cards & Folders

Annual and Monthly Costs$50/Mo Fee$420/Yr University Tuition *Taken out of first Closing of your year

Page 34: eXp Explained - The Agent-Owned Cloud Brokerage

Commission Split$16,000 Yearly Cap80/20 Commission Split on first $80,000 GCI100% for the remainder of your year

Per Transaction Fee$25 Broker Review$30* E&O Insurance ($500 cap/year) *CA $40

For Capped Agents - 100% Commission to the agent$250* Transaction Fee $25 Broker Review$30 E&O Insurance ($500 cap/year)* each transaction AFTER you reach 100%

Do you want to earn 100%+ PLUS?

Page 35: eXp Explained - The Agent-Owned Cloud Brokerage

Revenue Share

Levels

eXpansionShare %

(Only need to be active to Qualify)

ActivePersonally

Recruited Agents(FLQR)

eXponential Share %

Total Share %

1 1+ 3.5% 3.5%

2 0.2% 5+ 3.8% 4.0%

3 0.1% 10+ 2.4% 2.5%

4 0.1% 15+ 1.4% 1.5%

5 0.1% 20+ 0.9% 1.0%

6 0.5% 25+ 2.0% 2.5%

7 0.5% 40+ 4.5% 5.0%

Revenue Share CalculatorGet paid from Gross Commission*

* See ICA addendum B

Page 36: eXp Explained - The Agent-Owned Cloud Brokerage

Estimate your revenue share with the calculator.

Revenue Share Calculator

Brokerage Comparison Calculator

Revenue ShareScenario 1

Page 37: eXp Explained - The Agent-Owned Cloud Brokerage

Estimate your revenue share with the calculator.

Revenue Share Calculator

Brokerage Comparison Calculator

Revenue ShareScenario 2

Page 38: eXp Explained - The Agent-Owned Cloud Brokerage

OwnershipeXp Realty International CorpOTCBB: EXPI

Publicly tradedAgents earn ownership:2014 Incentive Program

Future: ESOP (end of 2014)

● 100 shares for First Closing● 1,000 shares for Capping● 1,000 shares for Each Recruit*

Page 39: eXp Explained - The Agent-Owned Cloud Brokerage

JOIN EXP REALTY

Join.eXpRealty.comConnect to the Cloud… we’re ready if you are!