Digital Velocity 2014: "R-Oh-My! Quantifying the ROI of Tag Management"
eXp Explained
1. -
"A National Cloud-Based Real Estate Brokerage"
Website - Facebook - Twitter
2. -
Mission, Vision, Values
eXp is committed to being the premier global real estate brokerage by using a
collaborative mindset that implements the best practices, technology, training,
and income opportunities so that real estate professionals can build a thriving
business in any economic condition.
The eXp Culture Is: eXp Is The Solution To: We Provide:
•Virtual •Your gaps in development and •Multiple Income Streams
•Efficient understanding how best to grow your •Collaboration and Education
•Transparent business. •Paperless Technology Platform
•Green •Long hours and days away from your •Agent Centric Environment
•Collaborative family and friends. •Business Plan Coaching
•Supportive •Less money in your pocket due to •Dedicated Classes and
•Viral brokerage fees and expenses. Instructors
•Professional •Long commute and rising gas prices. •Recruiting Tools
•Paradigm Shifting •Generic brokerage owned web sites and •Comprehensive Real Estate
confusion about today's technology. Solutions
•An uncertain retirement strategy.
4. -
Glenn Sanford, Founder/CEO
2012 - Winner Inman Top 100 Most Influential in Real Estate
2011 - Finalist Inman Most Innovative Brokerage of the Year
2009 - Founded eXp Realty, LLC
2007 - Member of the Agent Technology Council
2005 - Top 50 REALTOR at Keller Williams International
2001 - Rookie of the Year at Prudential Kelstrup REALTORS
Glenn is a sought after panelist and motivational speaker.
Prior to real estate, Glenn was active at the executive level
with a number of technology-related companies including
eShippers.com which he founded in 1998 and subsequently
sold to a public company where he continues to work as
President through September 2001.
5. -
Commission Splits, Fees, and Tuition
• 80/20 Splits on All Transactions
o Additional referral fees collected for company generated leads
• $16,000 Yearly Cap
• $50/Month Tech Package
o Includes CRM, fax line, toll-free number, Google Apps, and WordPress
hosting
• $25/Transaction
• $99 Sign-up
o Includes 1st month tech fee, business cards, and presentation folders
• Tuition to eXp University
o Paid from 1st closing or added monthly
o Tuition includes enrollment to unlimited classes and archived
trainings. Access to the eXp Virtual Office. Access to faculty, staff, and
guest speakers.
6. -
What is a Cloud-Based Brokerage?
eXp Realty is changing the way that agents, brokers,
and consumers work together. "The organized
Utilizing cloud technology we improve the education
and information sharing experience. On the group will always
Cloud you will find paperless transaction platforms, outdo the
virtual 3D offices, blogging, and social media. We individual genius"
utilize SEO and cutting edge web tools to capture Glenn Sanford, CEO
market share and pass along value to our agents, our
brokers, and their clients.
eXp is revolutionizing what it means to be a true
National Real Estate Brokerage.
7. -
eXp Virtual
eXp Virtual is an online and collaborative 3D
Immersive Environment. You probably haven't seen
anything like it. It's the ability to work from the
convenience of your home, office, local coffee shop,
or anywhere.
We hold meetings, XCamp, weekly classes, and
provide real-time access to our Broker, transaction,
web and marketing teams online from any
computer.
8. -
Agent and Broker Centric
We view real estate professionals as a business.
Utilizing business plan writing workshops, accountability techniques, and
group masterminds, no WHY is too big and no solution is impossible. We are a
company built by Top Agents for Top Agents who are attracting and training
future Top Agents.
Are you asking yourself the TOUGH QUESTIONS?
•Are you just doing business or are you growing a business?
•Are you building something that is scalable and tangible?
•What is your exit strategy from real estate?
eXp is the Top Gun School of Real Estate Brokerages
9. -
No Void Remains Empty Forever...
Stefan Swanepoel, best-selling author and critical thinker of real estate trends, has asked
the question.
Can today's existing real estate brokerages
Q: re-engineer themselves into the right kind
of new company to fill the void being
created in the industry today?
eXp was created by industry thought-leaders to solve
A: the issues traditional brokerages are currently facing.
11. -
Web Marketing and eXp Cloud
Websites on our WordPress Cloud network
include worry-free hosting and security,
premium themes, training, and support. We will
help you build a website that works.
•Hosted WordPress Website
•Centralized login for all eXp sites
•Community with support forum
•Benefit to every eXp Agent
Since all our team does is build real estate
websites we understand how to maximize ROI
for you as an Agent.
12. -
Education and eXp University
Over 30 hours of live weekly training and
countless recorded trainings available covering
today's best industry practices.
•Education Thursdays
o Weekly live classes led by top
facilitators from around the County
•Livestream Channel
o Recorded training videos available on
the web from any computer or device.
•XCamp
o Company-wide Agent Mastermind
held every Monday morning.
•Agent Orientation
o Two day bi-weekly training for Newto
eXp agents to review and introduce new
systems
13. -
Professional Business Coach
eXp provides acess to a Professional Business
Coach for agents and brokers to help grow their
business eXponentially
•Focal Point Business Coaching
•Free Weekly Classes and Workshops
•1 on 1 Coaching Discounts Available
•Works with them to create fitness goals
•Holds them accountable to those goals
•Acts as a trusted advisor during challenging times
•Helps them ACHIEVE their fitness goals!
“Whatever you give your attention to controls the direction of
your life” – Brian Tracy, FocalPoint
14. -
Education and eXp University
Craigslist
LinkedIn
Referrals
Facebook
Twitter
Listing Presentation
Lead Gen
Legal
SEO
WordPress
Bloggin MindMap
g
Google IDX Business Planning
15. -
Industry's Best Revenue Share Plan
Two Revenue Share Income Streams: 1. eXpansion 2. eXponential
Revenue eXpansion Revenue Share % # of Active eXponential Total
Share (Only need to be Personally Revenue Share % eXp Revenue
Levels active to Qualify) Recruited Agents Share %
(eXponential 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%
Totals 1.5% + 18.5% 20%
Total Potential Company Payout : 20%
Total Potential Commission for Agent : 100%+
16. -
Industry's Best Revenue Share Plan
Visit the Revenue Share Calculator.
"I would
rather earn
1% off 100 people's
efforts than 100%
of my own efforts"
John D. Rockefeller
17. -
Profit Share Revenue Share
The monetary surplus left to a A source of income that yields a
broker after deducting consistent financial return
management and staff salaries, without the deduction of
office leases, depreciating operating expenses.
equipment, etc., etc. More often
than not there isn't much profit left
to share... especially in this
market.
With the eXp Revenue Share Program you can create residual income much
quicker than a profit share model and develop a revenue stream that can
create financial independence.
18. -
Compensation Comparison
How we stack up against other Brokerage models...
19. -
Real Estate Tools Provided
• Fax number with digital signature
• Toll-free number
• Business cards and folders
• Web based transaction management
• Agent setup assistant
• Online training manual
• Customer relationship management (CRM) system
• Google business email, calendar, documents, and sites
• Revenue share tracking platform
• Website hosting, premium themes, and support
• Private Facebook group
• Discounts to preferred vendor partners
And The Industry's Best Revenue Share Plan...
20. -
Paperless Transaction Management
• Organize
o All of your transaction documents are
managed easily with our online
Transaction Management system.
• Communicate
o Three-way communication between
Broker, Agent, and Admin staff via
notifications and tasks.
• Share
o Assign viewing permissions with
Clients, Title Companies, Escrow
Officers, Lenders, and Inspectors.
Eliminate the need to print, fax, or Commission Checks can be
email documents. Direct Deposited to Agents'
• Be Efficient accounts within 48hrs of Close.
o View detailed transaction checklists.
o A completely paperless environment
means reduced costs for the office and
agents.
21. -
Revenue Share Payout Tracking
Agent recruiting and revenue share are
tracked using the eXpansum Dashboard,
available online 24/7.
• Track down-line hierarchy
• Track down-line transactions
• View up-line and Agent contact info
• Track personal transactions
• Includes an upgraded Broker view
Revenue Share Payouts are
Direct Deposited Monthly
22. -
Lead Generation Programs
• Personal Lead Generation
o Attract consumers to you via our
collaborative blogging platforms, at
no additional costs. Boost your own
internet presence by taking
advantage of our integrated Web
Marketing Team.
• Company Lead Generation
o Work with our National Lead
Manager to convert opportunities
from our Top Ranked Company
Websites and Top Flight Lead
Capture Systems.
* Agents must quality to work the company lead pool. The Company Lead
Generation Program carries additional company splits.
23. -
Mentor Program
New Agents shouldn't have to wait 3-6 months and spend tons of their own
money marketing themselves to get in their first deal, such as it is in most
brokerages.
•Quick Start
o The Mentor Program is for new Agents who want to be part of the
company lead program and have done less than 6 lifetime transactions.
New Agents are paired with Senior eXp Agents who will help them get
off to a fast start.
•Senior Agent Benefits
o Senior Agents who are looking for additional income streams and are
willing to help out with new Agents get accustomed to our system and
eXp Culture benefit from the Mentor Program. Participating new Agents
contribute 10% of their first 5 transactions to their Mentor.
•Learn From eXperience
o Senior Agents participating as mentors will fulfill both time
commitments and a New Agent Checklist. This includes shadowing
and accompanying new Agents on showings and tours, writing
contracts, and assisting with listing presentations.
24. -
In Summary, eXp Realty...
• Is the realization of a virtual and viral real estate company.
• Is meeting the challenge of reproducing the benefits of personal interaction
without the high costs of overhead typical with traditional bricks and
mortar real estate companies.
• Uses collaborative and persistent learning environments to ensure that we
ride on the edge of the technology wave and the continuous flow of what is
working in the real estate industry today.
• Is a company created by Top Agents, for Top Agents, who will recruit and
train future Top Agents.
• Offers a recruiting a compensation package that is the best in the industry
and it allows for everyone to be in effect their own team leader.
• Expects to offer the highest ROI to our Agents while providing the best
training, tools, and support to succeed on and off the web.