In this episode of the HyperFast Agent podcast, host Dan Lesniak answers the question: Is eXp revenue share sustainable? eXp Realty shares approximately half of the revenue it receives back to agents that help grow the company. This includes agents that have sponsored an agent and up to seven levels from there. In 2022, they shared over $220 million back to the agents that grow the company. Some have alleged that this model is not sustainable and that eXp won’t be able to do that in a down market. In this episode, Dan compares all the major brokerages to eXp during quarter 1 of 2023, which was considered to be a very challenging market. eXp performed better than every other company out there. Tune in to this episode for the play by play.
Join Host Dan Lesniak as he discusses…
∙ The eXp revenue share model, how agents benefit and how eXp keeps operating costs low.
∙ How eXp compares to all other large companies in the challenging first quarter of 2023.
∙ How eXp was able to give a quarter billion dollars back to their agents.
∙ Why eXp is more profitable than all the other large real estate companies out there.
QUOTES TO SHARE
💬 “If you help grow this company, you get money back to you on a regular basis” - Dan Lesniak
💬 “In 2022, they shared a little over $220 million back to the agents that helped grow the company.” - Dan Lesniak
💬 “It's hard to say that the EXP model is not sustainable.” - Dan Lesniak
💬 “They're spending a lot less per deal.” - Dan Lesniak
If you are ready to join eXp realty and would like Dan Lesniak To personally sponsor you so you have access to two nationally recognized coaching programs text 703-638-4393.
