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Page 1: eXp Explained Official Version 1-1-2013

The Real Estate Cloud Brokerage

Page 2: eXp Explained Official Version 1-1-2013

eXpansion

28 States3 Countries•United States•Canada•The Bahamas

"Success Leaves Clues"

Page 3: eXp Explained Official Version 1-1-2013

Mission, Philosophy, Culture

eXp Realty is committed to being The Global Real Estate Cloud Brokerage by implementing the best systems, utilizing the best support, increasing broker & agent profitability, and fostering a collaborative community mindset.

Set Your Business Free!

Page 4: eXp Explained Official Version 1-1-2013

Commission Splits & Startup Cost

80/20 Commission Split with $16,000 Yearly Cap

Setup (one time)$49 Startup Fee * Includes Cards & Folders

Annual and Monthly Costs$50/Mo Fee$420/Yr University Tuition *Taken out of first Closing of the year

Per Transaction Fee$25 Broker Review$25 E&O Insurance *Some states may vary

For Capped Agents$250 Transaction Fee * each transaction AFTER you reach 100%

Agents have the ability to earn 100% Plus

Page 5: eXp Explained Official Version 1-1-2013

Marketing & Communication Tools

Provided by eXp for FREE Market Price

Website Hosting (Host your own domain) $10 /month

Website Support $65 /hour

1000 Business Cards $50 fee

Graphic Design Templates $50 - $200 fee

Google Business Email & App Suite $50 /year

Fax Number with Digital Signature $15 /month

Toll-Free Number $9.99 /month

Page 6: eXp Explained Official Version 1-1-2013

Office & Transaction Tools

Provided by eXp for FREE Market Cost

Paperless Transaction Management $15 /month

Customer Relationship Management (CRM) $25 /month

Access to 1,200+ Business Center Locations Worldwide

$100 /month

Access to 1,200+ Business Lounges Worldwide

$100 /month

Page 7: eXp Explained Official Version 1-1-2013

Profitability & Training Tools

Provided by eXp for FREE

Revenue Share Tracking Platform

Agent Setup Assistant

Online Training Manual

Private Facebook Group

Preferred Vendor Discounts

On Demand Video Training Channels

Page 8: eXp Explained Official Version 1-1-2013

Cloud Office

The office of tomorrow, today! An online connected environment of people, classes, and offices residing and working efficiently in the Cloud.

Access your Cloud Office from anywhere in the world. Free yourself from the inefficiency and costs of a traditional brick and mortar office.

Page 9: eXp Explained Official Version 1-1-2013

Transaction Support Team

Your transaction support team is available in the Transaction & Administration forum in the Cloud Office.

Office Hours: 8am - 5pm PST Monday through Friday

Kristi, Jodi, Laurie, Christie, and Miracle

• Paperless Transaction• Revenue Share• Transaction Support• Agent On-boarding• Company Financials• Legal Administration

Page 10: eXp Explained Official Version 1-1-2013

Marketing & Web Support Team

Your marketing & web support team is available in the WTM Global forum in the Cloud Office.

Office Hours: 8am - 5pm PST Monday through Friday

Gabe, Eddi, Kirk, and Asad

• IT Support• Website Support• Web Hosting• New Agent Setup• Branding & Marketing• Lead Management

Page 11: eXp Explained Official Version 1-1-2013

Cloud Brokers

Agents at eXp Realty have more access to and a higher level of engagement with their brokers than in traditional offices. This happens through the multiple communication platforms for both transactions and compliance matters.

Tom SomervilleNC State Broker

Suzanne FuquaAZ State Broker

Darryl BaskinOK State Broker

Over 35% of our Organization has a Brokers License or managing Broker eXperience

Page 12: eXp Explained Official Version 1-1-2013

Technology

Stay on top of the latest technologies and applications. New ideas are shared openly among eXp Realty agents and support teams. Our environment is highly conducive to learn on, and train with, the best technology for implementation into your business today without the cost (of money and time) of independent R&D.

Page 13: eXp Explained Official Version 1-1-2013

Education and Sales Training

Over 30 hours of live weekly training and countless recorded trainings available covering today's best industry practices.

• Sales

• Listings

• Technology

• Team Building

• Business Planning

• Industry Innovation

Page 14: eXp Explained Official Version 1-1-2013

Work Smarter Not Harder

Organize all of your transaction documents and manage them easily with our online Transaction Management system.

Page 15: eXp Explained Official Version 1-1-2013

Residual Income OpportunityNot Profit Share

Profit Share is the monetary surplus left to a broker after deducting management and staff salaries, office leases, depreciating equipment, etc.. More often than not there isn't much profit left to share.

Revenue ShareeXp pays its rev share off of GCI and is a source of income that yields a consistent financial return without the deduction of operating expenses. eXp Realty has the most aggressive Revenue Share Program in the industry.

Financial Independence!

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?

Page 16: eXp Explained Official Version 1-1-2013

Revenue Share

Levels

eXpansionShare %

(Only need to be active to Qualify)

ActivePersonally

Recruited Agents(eXponential Share)

eXponential Share %

Total 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%

Revenue Share Calculator

Page 17: eXp Explained Official Version 1-1-2013

Learn, Share, Succeed, Together

Using a variety of collaborative platforms eXp Realty is at the forefront of fostering educational and social engagement between real estate professionals world wide.

• 3D Cloud Office

o Weekly State and Leadership Meetings

o 30+ Hours of Live Training and workshops every week

o XCamp and Masterminds

o Brush Shoulders with other Top Agents and Brokers around the world

• Private Group Pages - Facebook/Linkedin

o Share tips, ask questions, promote sites, events, pages with your eXp peers

• Organizing Networking Events and Education Events - REPROS

o eXp regularly hosts and sponsors networking events and classes with our RE community

• Education Channels

o LiveStream & YouTube Channels with archives full of recent education and motivational speaking coaches.

Page 18: eXp Explained Official Version 1-1-2013

Executive Team

Glenn Sanford, CEO

2012 - Winner Inman Top 100 Most Influential in Real Estate 2011 - Finalist Inman Most Innovative Brokerage of the Year2009 - Founded eXp Realty, LLC2007 - Member of the Agent Technology Council2005 - Top 50 REALTOR at Keller Williams International 2001 - Rookie of the Year at Prudential Kelstrup REALTORS

Brian Culhane, CCO

Top Producer involved with 750+ real estate transactions totaling over $200 million2011 - Chairman of the SAAR (Scottsdale Area Association of REALTORS®)2010 - Founded AZREPROS Networking Group2008 - Top Recruiting Agent at HomeSmart International2006 - #2 agent for production at Keller Williams Platinum Office - AZ

Jason Gesing, CBDO

Focused on developing Strategic Partnerships and Acquisitions of Brokerages Internationally2011 - Acquisition Team at eXp Realty2010 - Joined eXp Realty as Massachusetts and New Hampshire State BrokerGraduate of Boston College Law School and Syracuse University

Page 19: eXp Explained Official Version 1-1-2013

eXp2 CoachingLearn from some of the best Coaches out there who are working with RE professionals on how to think critically about themselves like a business and how to grow their Real Estate Practices eXponentially

• Pam has worked successfully for almost 30 years with varying sizes of companies, from sole proprietors and small businesses all the way to Fortune 500/1000 companies.

• She is a Brian Tracy Certified Focal Point Business Coach• Build more profitability faster Increase revenues faster Evolve

business strategy as the market changes

Acts as a trusted advisor during challenging times Helps them ACHIEVE their business fitness goals!

Pam Ostrowski

• Free Weekly Classes and Workshops for eXp agents• Archived Sessions available On-Demand• Private Coaching Sessions Also Available

Page 20: eXp Explained Official Version 1-1-2013

eXp University FacilitatorseXp U is always adding top real estate professionals who like to give back to our growing list of Facilitators. This way our brokers & agents get the best info first from those in the field making it happen day in and day out.

Jay Thompson David Harbour Beth Ellyn Rosenthal

Tom Morrissey Jeffrey Buettner Marian Stafford

Joanne Poesch Dean Ouellette Jim Girard Ryan Hartman Dale Kreiser Stew Keene

Page 21: eXp Explained Official Version 1-1-2013

eXp is being written up in many trade magazines and technology reports.

"eXp has the potential to be an Industry Game Changer and that's coming from someone who has written 21 books on Real Estate & Business and has probably only said that 4

times in 25+ years."

~ Stefan Swanepoel Nov 2012

Industry Game Changer

Page 22: eXp Explained Official Version 1-1-2013

Connect To The Cloud...

We're Ready If You Are!

VA.eXpRealty.comVA.eXpRealty.com571-306-2102571-306-2102