I recently shared a video on our YouTube channel that explains why I made the decision to leave Keller Williams for eXp and how I have tripled my income since then. I'm going to share the main points with you here below as well, because I believe this is powerful information that every realtor should have. If you'd rather watch the video version, I'll link that below for you, too.
5 Reasons I Left Keller Williams:
Let's talk about the 5 reasons I left Keller Williams for eXp from reason number 5 to 1 and how this decision catapulted the success of my real estate business. If you're interested in growing your business and making more more money, you want to read all the way to reason number 1.
Keller Williams vs. eXp Realty:
5. Commission Cap:
At eXp, the cap is very affordable compared to Keller Williams. At eXp, I pay $16,000 vs. $24,000 and a franchise fee at KW.
I am in California, but if you look across the country, the eXp cap is much less than KW.
4. Fantastic CRM:
kvCore is a fantastic CRM. If you're at KW and struggling with Command, I fought command for months. I ended up shopping for a new CRM and narrowed it down to 2 - Boomtown or kvCore. After a lot of research, we went with kvCore. I used to pay $799 for the team version at KW, but then I found out that it is included in the $85 a month fee at eXp.
Now, I'm saving $10,000 a year just on kvCore, but still have access to a great CRM.
Leads are sent directly to your computer or phone, plus eXp offers relocation certification, so you can get listings and buyers. By utilizing different processes and express offers - you can get more leads, which leads to more business.
Just another reason I love being with eXp.
2. Revenue Share and Stock:
At eXp, stock is issued to you for FREE. When was the last time you got free stock at KW? At eXp, you get free stock when you do your first transaction, free stock when you cap, and with the ICON program - if you do 20 transactions after you cap, you get all your cap back in stock.
To be fair, you do have to jump through a couple of hoops, such as attending a few seminars and more, but you will get it all back as stock. Wouldn't you be thrilled to get all your money back in stock? In my video, I share exactly how much I have made from purchasing and receiving stock with eXp.
You can also purchase stock by using 5% of every commission to purchase stock at a 10% discount. I've earned over $100,000 in 12 moths by utilizing both free and purchased stock. It's a great retirement program.
At the current rate, I'll make over a million dollars over 10 years if the stock continues to form at the same rate. If it goes up even further, this number could be way over a million.
In addition to this, I've also earned money through recruiting. When I was with KW, I met a person who had been at KW for over 20 years and had recruited hundreds of people. She was talking about profit share and I was excited to hear what her numbers would be, since she had recruited so many agents. I was expecting this astronomical number she had earned. Instead, she had only earned $18,000 that year - and it was already September.
After all her years with the company, it should have been a bigger number. In just 6 months at eXp, I have already earned over $2000 a month in recruiting. I can't imagine where I would be in 20 years with hundreds of people under me. My goal is over $40,000 a month in revenue.
1. Senior Partnership Group:
I have been very careful about selecting my senior partners. They have a vested interest in your success and their mentorship and support have been the key factor in tripling my income.
With the support of my senior partners (who I share specifically in my video), I have taken my income from $200,000 a year to over $600,000. I'm closer than ever to my goal of one million dollars and they are helping me get there.
It's a big decision to partner with a real estate brokerage and you have a lot of options. Make sure to do your research and find the one that will be the best fit for you.
In my case, eXp was the best choice for me and my agents. eXp is also one of the fastest growing real estate brokerages in the world, for the reasons I share above and even more.
Come back soon to learn more about how I've grown my real estate business.
Thanks for reading.