eXp Realty Revenue Share Explained PROPERLY! Most people do NOT properly understand eXp Revenue Share and more specifically the difference between FLA and FLQA and how the eXp Realty Compensation plan works with eXp Rev Share, so I will give you exact examples of how this works.
🐺 Book a Private 1 on 1 Call with ME to learn more! →
📲 FREE access to ALL of my Social Media Courses / Training
🤫 FREE access to 4 PRIVATE Mastermind calls per week
🏆 FREE COACHING & MENTORSHIP from me with direct access whenever you want
😈 FREE custom plans for BRANDING, CONTENT & MARKETING
🎥 FREE access to a library of 40+ 1-hour Social Media Tutorials
⚙️ FREE custom funnel for every agent who joins us
🏡 FREE custom listing presentation & video assets
🚀 Access to my branding & marketing team
🏆 Useful Resources 🏆
FREE 2022 Social Media Masterclass →
🌎 IMPORTANT eXp Realty Videos
eXp Realty Review →
eXp Realty Explained →
eXp Realty for New Real Estate Agents →
eXp Realty Misconceptions →
💜 POPULAR PLAYLISTS for REALTORS 💜
Facebook Ads for Realtors →
Instagram for Realtors →
Social Media for Realtors →
🏡 MUST WATCH Videos for Realtors 🏡
Complete Facebook Ad Tutorial →
Facebook Special Ad Category →
Facebook Retargeting →
Instagram for Realtors →
Chatbots for Realtors →
LinkedIn for Realtors →
YouTube for Realtors →
#eXpRealty2022 #eXpRealtyRevenueShare #eXpRealty
💥 Follow me on Social Media 💥
→ TikTok:
→ Instagram:
→ LinkedIn:
_________________________________
Mike Sherrard is a global team leader & licensed Real Estate Agent at eXp Realty:
🏆 Ranked Top 30 Realtor on Social Media, Worldwide
🏆 Ranked #1 Realtor on Social Media, Alberta
🏆 Ranked #1 Realtor on Social Media, Calgary
🏆 Ranked #3 Realtor on YouTube, Globally…(read more)
LEARN MORE ABOUT: Profit Sharing Plans
REVEALED: How To Invest During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Hey Mike. I’d like you to be my sponsor. What do I have to do ?
Saya tidak percaya ia boleh menjadi sebaik ini
Awesome bro, very nicely explained. thank you.
So, as an agent, will we get revenue share if we don’t cap? Sounds like it from this video.
Nice video & explanation! There’s a 3 year vesting period where the revenue share doesn’t kick in (payout) until the third year?
4% of $2000 is $80. It sounds like he doesn't understand it either.
3.5% of $2000 is $70 and not $350.
Carlton was here! Great explanation of FLA vs. FLQA
thank you
Ok maybe I am wrong but 3.5 percent of 2000 is only 70 dollars not 350 the math makes no sense
Truly excellent video – so it seems in a perfect scenario with all 7 levels fully qualified, EXP would be distributing all of its own 20% to someone in the 7 levels… Thinking out loud – EXP (aka "the house") wins in the fact that not all 7 levels will exist at all, or will be qualified, all of the time, and when they do payout it's in exchange for volume that's been achieved by that team to be qualified… I do like how the largest 4.5% chunk is waiting way down there on tier 7…planting incentive for leaders at the top to pour their coaching and attention downline… Again – thanks for a great video!
Looking to join EXP but haven’t had anything really explained yet. This is really helpful !
3.5 % of 2000 is $70 , not $350? That would be 3.5% of the total commission. I'm confused as you say we need to use eXps commission but you are not using the $2000
What happens if they caP? Do you still get the rev. share? In addition: How doese exp earn money?
I've been wondering specifically about what happens to the rev share in the case of death- so great that you addressed that! Thanks for the great info.
Correction… Keller Williams model of profit share lets you “will” to your family or children. You said no other brokerages do this?
6:57 Am I correct in assuming you need these 2 conditions, in order to unlock 2nd TIER:
1) at least 5 FLQAs
2) the 2nd TIER agent, who just earned a commission, has to have sb who is one of your FLQA as their sponsor
Rule 2) ensures, that only if your Front Line Agent has closed a deal in the last 6 months, can you 'unlock' their FLAs. Otherwise all you needed was 5 FLQAs, then you could collect full Exponential Share on ALL 2nd tier agents!
I'm sure Glenn Sanford and his team thought this through carefully. It wouldn't be fun for an investor if eXp realized they were locked-in to paying an escalating waterfall of Exponential Share!
Solid. Makes sense.
Hi, I'm from Mexico and exp is just starting to operate here, what recommendations would you give me to get more referrals?
How long does it take to get a real estate license? I live in Minneapolis Minnesota.
This is so good! Very informative, thanks Mike!
Thanks for breaking it down, Mike!