It is common knowledge that Exp Realty allows its agents to generate multiple streams of income. The first is through the typical active real estate agent sales work. The second is passively through choosing to be paid a small portion of every commission and earning stock awards by achieving certain production milestones. The third and final way, is passive income through revenue share, earning income whenever a sponsored agent makes a real estate transaction. Exp Realty rewards agents for sponsoring or bringing on partnering agents to Exp Realty. When a sponsored agent has a successful sale, the sponsoring agent is awarded a small portion of Exp Realty’s commission split from that sale.
At first, the revenue share is a few hundred dollars only, but like a snowball that gets bigger and bigger, an agent creates more and more partnerships with other agents. They are able to unlock higher payouts of revenue share. If an agent is able to build a successful partnership with many high-producing agents, when their partnering agents succeed, they share in that success. Now the revenue share checks now become very significant, potentially four to six figures, every month! Of course, it takes time to build such a big revenue share system. It doesn’t happen magically overnight. So while a young, energetic agent is out there grinding and actively producing income, they can also be passively building their revenue share stream on the side. Eventually, they will get to a point where they no longer have to actively produce and can live off of their passive revenue share income.
Yay, now the agent can semi-retire and enjoy their days until they die right? The story doesn’t end there. What isn’t commonly known is that Exp Realty allows an agent to pass down their revenue share to another person that they designate. An agent is allowed to designate both a primary successor and a secondary successor. It does not have to be a family member, however, the person must be 18 years old, and must obtain their professional real estate license within 12 months of the deceased or incapacitated agent. The successor has to be an actual person and cannot be an entity or trust. Furthermore, should the successor pass away in the future, they too can nominate a successor for their revenue share and so on.
What does this mean? This means that you as an agent, work tirelessly for your family, your business, and for your clients. All that energy, blood, sweat, and time that you’ve put into your business, at Exp Realty once you’ve passed on. You can actually leave your legacy that you’ve worked so hard to build onto your next generation, and they can build on it and also do the same. This is absolutely amazing and definitely shows that Exp Realty truly puts the success of their agents FIRST!
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