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What is eXp Realty?

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Contents

  • 1 How Does Exp Realty Work?
    • 1.1 Listing Properties
    • 1.2 Buying a Property
    • 1.3 Selling a Property
    • 1.4 Listing a Property
  • 2 eXp Realty Commissions
    • 2.1 What are commission splits?
  • 3 eXp Realty Fees

Exp Realty is a full-service real estate brokerage firm that operates primarily online. The company offers a variety of services, including online property listings, agent training and support, and transaction management. Also has a network of real estate agents and brokers who work remotely from around the world. These agents and brokers are available to help theirs customers with the sale and purchase of properties.

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Exp Realty

How Does Exp Realty Work?

They offers three basic services: listing, buying and selling. The company provides these services through its online platform, which is accessible through desktop computers, laptops and mobile devices.

Three basic services: listing, buying and selling. The company provides these services through its online platform, which is accessible through desktop computers, laptops and mobile devices.

 

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Listing Properties

Exp Realty offers an online platform where buyers and sellers can list properties for sale. There are three basic steps involved in listing a property:

Create a Listing: The first step is to create a property listing. The listing includes information about the property, such as the location, size and price.

The first step is to create a property listing. The listing includes information about the property, such as the location, size and price. Showcase the Listing: The next step is to publicize the listing. Users can showcase their listing on Exp Realty’s main website and on the company’s social media accounts, such as Facebook and Twitter. They can also choose to showcase it on third-party websites, such as Yahoo and Google.

The next step is to publicize the listing. Users can showcase their listing on Exp Realty’s main website and on the company’s social media accounts, such as Facebook and Twitter. They can also choose to showcase it on third-party websites, such as Yahoo and Google. Manage the Listing: Once the listing is created, Exp Realty’s system will automatically update it every 24 hours. If there are any changes in the listing, the owner can contact Exp Realty to make the updates.

Exp Realty
Exp Realty

Buying a Property

eXp allows users to search for properties based on the location and price. The company’s system also includes a variety of filters for selecting properties, such as bedrooms, bathrooms, and living spaces.

Selling a Property

Exp Realty’s platform offers a number of features designed to help sellers market their properties. These features include:

Advanced search options: Users can search for properties based on the location, price, bedrooms, bathrooms, and square footage.

  • Users can search for properties based on the location, price, bedrooms, bathrooms, and square footage. Easy messaging: Users can easily send messages to other Exp Realty users, as well as to their agents and brokers.
  • Users can easily send messages to other Exp Realty users, as well as to their agents and brokers. Instant messaging: Users can use instant messaging to communicate with other Exp Realty users, as well as their agents and brokers.
  • Users can use instant messaging to communicate with other Exp Realty users, as well as their agents and brokers. Interactive maps: Exp Realty’s online platform includes interactive maps that provide information about the location of properties.

Exp Realty’s online platform includes interactive maps that provide information about the location of properties. Online marketing packages: Users can purchase marketing packages through Exp Realty’s online platform. The packages provide a variety of services, such as web advertising, real estate marketing and social media advertising.

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Listing a Property

Exp Realty provides a variety of tools for creating property listings. These tools include:

  • Location mapping: Users can easily select locations based on a map displayed on Exp Realty’s platform. They can also search for nearby locations.
  • Users can easily select locations based on a map displayed on Exp Realty’s platform. They can also search for nearby locations. Advanced search options: Users can search for properties based on the location, price, square footage and bedrooms.
  • Users can search for properties based on the location, price, square footage and bedrooms. Photo gallery: Users can upload a variety of photos to display their properties. The platform also allows users to create photo albums.
  • Users can upload a variety of photos to display their properties. The platform also allows users to create photo albums. Interactive floor plans: Users can create floor plans of their properties. They can also create floor plans for each room in their properties.
  • Users can create floor plans of their properties. They can also create floor plans for each room in their properties. Property videos: Users can upload videos of their properties.
  • Users can upload videos of their properties. Virtual Tours: Users can create virtual tours of their properties.
  • Users can create virtual tours of their properties. Property descriptions: Users can create detailed descriptions of their properties. They can also include information about the property’s features.
  • Users can create detailed descriptions of their properties. They can also include information about the property’s features. Custom HTML: Users can create custom HTML for their property listings.
  • Users can create custom HTML for their property listings. Listing collections: Users can create a collection of listings. The listing collection can include photos, videos, virtual tours and descriptions.
  • Users can create a collection of listings. The listing collection can include photos, videos, virtual tours and descriptions. Pricing: Exp Realty’s platform includes an automated price calculator. The calculator is available on the company’s website and mobile apps.
  • Exp Realty also provides users with a variety of tools for managing and promoting their properties. These tools include:
  • Promotional tools: Users can promote their properties on Exp Realty’s social media accounts and third-party websites.

eXp Realty Commissions

Most real estate brokerages charge their agents a commission of about 30 percent of the sale price for each home that is sold to their clients. Instead of simply renting a desk in a traditional brokerage, eXp Realty compensates its agents entirely differently. Like most online-based companies, eXp Realty rewards traits like experience and loyalty with the eventual potential to earn more money the better you get at your job. As an agent, you can choose when and how much to sell, which allows you to focus on the things you’re best at and confident about.

Aside from the tools for choosing your price per head and setting your own prices for home tours and seminars, there are also numerous training options that can help you hone your.

What are commission splits?

eXp Realty agents start with an 80/20 commission split—better than the industry average. But once you hit $16,000 in annual commissions, you’ll transfer to 100% commission. This alone is what can make it worth your while to work with eXp Realty. The company’s eXplore program helps you meet your goals by providing you with professional training and coaching, as well as marketing support. You also have access to a proprietary online real estate education platform.

There are quite a few benefits that come with working with eXp Realty, which is why I would recommend that first-time agents consider opening an account with them. But besides the perks, eXp Realty also offers agents access to an online training center and an established brand that can help you build your reputation.

eXp Realty Fees

Exp Realty
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