5 Reasons Why Every Realtor Should Join eXp Realty in 2021
1. Online is the present and the future of real estate.
Our clients are online. This is obvious. Homebuyers, for all intents and purposes, are exclusively shopping for homes online with the occasional open house stop along the way. Homeowners constantly check their home values online. More and more frequently homebuyers and homeowners are finding their next Realtor online too (whether it is through a social media platform or website).
Realtors are online. Realtors primarily work from a smartphone and not an office. The NAR Member Profile Report 2021 says 96% of Realtors use a smartphone and 93% use text as the primary communication method with their clients. Only 25% of Realtors report any office expense whatsoever (exhibit 3-9). Home sale documents are completed, filed, and stored online, listings are inputted into online MLS systems, and 69% of Realtors have their own website (or at least an online profile through their Brokerage).
Lenders and Title Companies are online. Lenders are qualifying their clients online and online mortgage companies are exploding. Even closings are starting to take place online and signings are being completed with online notaries.
EXP Realty is online from start to finish with no physical barriers.
2. An effective real estate referral network requires an online reach with no barriers or limits.
Today homebuyers are regularly moving across the country for new job opportunities, or with the freedom to work from any location they choose. The new mobile workforce is here to stay. According to the IDC, the mobile workforce will represent 60% of the population of the U.S. by 2024. This means more and more of your home selling clients will leave your state. More and more of your sphere will be mobile and will simply leave your service area. Realtors need to be able to vet good agents to refer their clients to across all 50 states, every major city, and even around the world. EXP Realty has that comprehensive national and international presence and perhaps more importantly, all licensed real estate agents within EXP Realty are on the same online networking platform, meaning you can instantly contact and start the vetting process on behalf of your clients, around the world.
3. Reasonable cost Brokerages are the future and online platforms are the most effect path to cut cost without losing quality.
There is a constant downward push on real estate commissions throughout the country. Between Department of Justice antitrust investigations into National Association of Realtors practices, increasing flat fee and discount commission models, and countless iBuyer instant home offer programs, there has never been more pressure on real estate commission. Brokerages must now assist their real estate agents by providing their services at a more reasonable cost, without losing quality at the same time. There is no better path to this solution than online services, cutting out the immense Brokerage expense of brick and mortar office buildings. (At EXP Realty many agents and teams own or lease office space as they see fit, but it is not an overhead Brokerage expense.)
4. Real estate training must be applicable to you and timely.
Forget trying to work your busy real estate schedule around set instruction times at static locations. EXP Realty’s online training calendar is second to none. Nearly every business day during nearly every business hour, there is a real estate training held by a top-level instructor, that anyone in the entire international company can join with the click of a button. Training ranges from 101 best practices to deep dives on complex issues taught by some of the most experienced veterans in the industry. At whatever point you find yourself in your real estate career, there is applicable accessible training.
5. Succeed with the successful.
EXP Realty is the fastest growing global residential real estate company. It is already the 4th largest Realty company in the U.S. with over 50,000 agents. Many believe the company will shortly enter the top three with a chance to become number one in the U.S. in the next five years. Top agents and teams around the country are joining every quarter.
Personally, I’ve been licensed since 2003, and my team has completed over 2,000 home sales in that time. Joining EXP Realty was one of the best decisions of my career so far, enabling me to better serve my clients, gain more exposure for their home sales, and has given me access to better training and networking opportunities. I’m confident EXP Realty is poised to succeed in the new age of real estate. If you’re considering your options, use the chatbot or contact form on this website and we’ll reach out to share more.July 26, 2021