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Topics and Technologies Affecting Real Estate Brokerages

Topics and Technologies Affecting Real Estate Brokerages

Topics and Technologies Affecting Real Estate Brokerages ABoR Interviews Redfin, KW, Realty Austin and eXp Realty Leaders The Austin Board of REALTORS (ABoR) is one of the most innovative in the country. Their most recent forum was so fascinating that we had to watch it TWICE! ABoR assembled an incredible panel of unique, industry leading brokerages to discuss current topics and technologies affecting real estate brokerages.  Panelists included Glenn Kelman (CEO of Redfin), Jonathan Boatwright (CTO of Realty Austin), Cary Slyvester (VP at Keller Williams) and our very own Russ Cofano (President of eXp Realty).  All of these brokerages had a different twist on agent development and offerings, technology, lead generation, data and managing past clients. Enjoy!   Key Discussion Points What is a real estate brokerage’s value proposition in the 21stcentury? Agent compensation Data sharing and trust building between the agent and the real estate brokerage Lead generation – should the brokerage generate leads on behalf of the agents or train them to generate their own? Building an online presence and ensuring that agents are named under each of their listings Creating consumer loyalty in the age of Zillow and other real estate portals … and so many other interesting topics!...
eXp Realty now offering Commissions Inc Lead Gen to Agents

eXp Realty now offering Commissions Inc Lead Gen to Agents

Big News! eXp Realty has partnered with Commissions Inc (CINC) to bring our real estate agents one of the very BEST lead generation systems in the business. As someone who built my real estate business on online lead generation, this is such a gift! For those of you not familiar with eXp Realty (yet!), we are a cloud-based, agent owned real estate brokerage who all go above and beyond to help one another succeed.  Our national brokerage is also publicly traded, so every agent becomes an owner in the company after they sell their first home. As part of the eXp Realty agreement with CINC all of our eXp agents will  receive — at no additional cost — a consumer-facing real estate website that integrates with each local MLS, a CRM platform to manage clients from lead to close, as well as three apps: CINC Agent App, Open Houses by CINC and Houses.net. BTW… It’s only $50 per month to be an agent with eXp Realty. . In the months to come, please stop by the BuildingBetterAgents.com website as we will be sharing Commissions Inc lead generation tips and hopefully plenty of success stories! Have questions about eXp Realty or this big announcement? Call me anytime at 404-205-8100.   Read the full press release… eXp Realty and Commissions Inc. Announce Enterprise Lead Generation/CRM Platform eXp Will Deliver CINC Tools and Resources to All eXp Agents at No Additional Charge BELLINGHAM, WA–(Marketwired – October 06, 2016) – eXp Realty, the Agent-Owned Cloud Brokerage® (eXp World Holdings, Inc.) (OTCQB:EXPI) today announced a new strategic relationship with Commissions Inc. (CINC), the leading...
Russ Cofano Leaves Move Inc and Joins EXP Realty

Russ Cofano Leaves Move Inc and Joins EXP Realty

Please Welcome Russ Cofano to eXp Realty / eXp World Holdings We are so pleased to announce that Russ Cofano joins eXp Realty / eXp World Holdings as the new Chief Strategy Officer and General Counsel, bringing 25 years of leadership and experience in the real estate industry to the table.  Late last year, Cofano resigned from his position as the Senior VP of Industry Relations for REALTOR.com operator Move Inc.  Prior to that time, he was the CEO of the Missouri Association of Realtors, the CEO of a customer relationship management (CRM) company and the VP and General Counsel for John L Scott Real Estate, one of the largest real estate brokerages in the US. Cofano told Inman News that “I am extremely excited and honored to be joining eXp [Realty] at this time of its growth….Just today, the company surpassed 1,500 real estate brokers and agents nationwide in more than 40 states. The position of Chief Strategy Officer and General Counsel is new and was created to leverage my key strengths and experiences.” eXp Realty is the first agent-owned cloud real estate brokerage, offering agents 24/7 access to industry-leading tools, technology and training.  Through the 3-D, fully-immersive cloud office, eXp real estate agents are able to collaborate with other top-producing agents from around North America, attend live training sessions, get assistance from support staff members and even socialize with their fellow eXpers.  eXp Realty is also known for it’s incredible revenue share program, where the brokerage shares a percentage of the commissions received with agents who help the company grow and prosper.  eXp is also a publicly traded company (EXPI) and all agents receive...
How EXP Realty Revenue Share Works

How EXP Realty Revenue Share Works

About eXp Realty and the Revenue Share Program eXp Realty is changing the real estate brokerage model and more and more real estate professionals are starting to realize that our offerings package, lead generation systems, stock ownership, education and low fees and commission cap are the perfect combination for their businesses.   The proof is in the numbers… in the last year, eXp grew by 85%! In addition to all the lead gen tools and great commission splits that eXp Realty offers, the one thing that make us stand out from every other real estate brokerage is the country is our incredible eXp revenue share program. Not only has revenue share helped agents build their “rainy day” fund, it’s also created an incredible atmosphere within the company where everyone wants to help one another build successful, meaningful businesses. ** This video is just a simple overview of how the program works.  There is no guarantee that the rev share program will help you retire from real estate, but there is potential to help you contribute to your savings account and/or reinvest into your real estate business.  How the eXp Realty Revenue Share Program Works The founders of our brokerage made this program straightforward and easy to understand.  If you bring another real estate agent to eXp Realty, you will receive 3.5% of their gross commission.  It has nothing to do with the profitability of the company that month or quarter, your monthly revenue share check from eXp is based on 3.5% of that agent’s gross commissions.  In the example below, one of your agents sells a $500K home and generates $15K in commission.  You’ll receive 3.5% of the gross...
Top 10 Reasons Real Estate Agents are Joining EXP Realty

Top 10 Reasons Real Estate Agents are Joining EXP Realty

Why Real Estate Agents are Joining EXP Realty The growth at eXp Realty is nothing short of amazing, but it’s no surprise! REALTORS and Brokers are attracted to the commission splits, lead generation tools, the revenue share program and the opportunity to be an owner in the company with our stock program. The online or “cloud” office is also very appealing to those real estate agents who are always on the move and want to have easy access to the office and the live training classes from anywhere in the world. After being a part of EXP Realty for the last 2+ years, I’m even more excited about all that we’ve achieved and where we are headed. If you are wondering if EXP Realty is the right real estate brokerage for you and your business, here are some of the many reasons that real estate agents are making the leap to join EXP Realty:   Top 10 Reasons to Join EXP Realty 1)   EXP Stock awarded to all Realtors and Brokers – everyone is an owner in the brokerage! 2)   Kunversion lead generation website for every agent 3)   Making it Rain Lead Generation Program (lead gen on autopilot) 4)   Fully-staffed Technology Team available for ALL of your marketing and technology questions 5)   Customization, top-ranked WordPress websites, allowing to you build YOUR brand 6)   Coaching and Accountability Workshops – collaborate with top agents around the country 7)   Great commission splits with a low annual cap 8)   20+ Hours of LIVE Training classes every week 9)   Opportunity for multiple revenue streams 10)  The Industry’s Best Revenue Share...
EXPonential Growth at EXP Realty – 2015 Highlights

EXPonential Growth at EXP Realty – 2015 Highlights

EXP Realty Experienced EXPonential Growth in 2015! Here are just a few of the many highlights from this year… As we move into the new year, I’ve been reflecting on all that has happened at eXp Realty this year… and the list is impressive! As of December 27, 2016 EXP Realty is now in 31 states and two Providences in Canada. We’ve almost DOUBLED in size in the last year and have even more top producing REALTORS around the country, including Atlanta, Phoenix, San Antonio and Austin. This innovative, cloud-based real estate brokerage is turning the real estate industry inside out with our cloud office training, revenue share program, lead generation tools and agent ownership. All of the real estate agents at EXP Realty own a stake in the company, so everyone has a vested interest in making it the best brokerage it can possibly be. EXP Realty has been featured in multiple Inman News articles this year, received the Atlanta Journal Constitution’s Best Places to Work Award and we opened the First Cloud Mortgage company. Our EXP Founder, Glenn Sanford, was named among the 200 Most Powerful People in Residential Real Estate by the second annual Swanepoel Power 200 Report. It’s no surprise that the EXPI stock is up 450% — yes, 450% — in the last year!   Several industry leaders have joined EXP Realty this year, including: Gene Frederick, a renowned recruiter in the real estate industry joined EXP Realty after an impressive tenure with Keller Williams since 1994. Frederick was the top recruiter for Keller Williams in 4 of the last 10 years. He also divested his ownership interest in the Northern...
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