eXp Mentor Program 2023 Explained : Detailed Guide

eXp Realty has rapidly become one of the world’s fastest-growing real estate companies, thanks to its focus on providing exceptional support and training to its agents. One of the company’s most popular training initiatives is its mentor program, which matches experienced agents with new agents to help them develop the skills and knowledge they need to succeed in the real estate industry. In this article, we will delve into the details of the eXp Realty mentor program, including its benefits, requirements, and enrollment process.

What is the eXp Realty Mentor Program?

The eXp Realty mentor program is a comprehensive training and support system aimed at helping new agents navigate the complexities of the real estate industry. Through the program, new agents are paired with experienced agents who have a proven track record of success in the industry. The mentors act as coaches, advisors, and guides, equipping new agents with the tools and resources they need to succeed in their real estate career.

The mentor program is a crucial component of eXp Realty’s commitment to providing its agents with the support and resources they need to build successful careers in the industry.

Benefits of the eXp Realty Mentor Program

The eXp Realty mentor program offers numerous advantages to new agents, including:

1. Access to Experienced Agents: New agents can benefit significantly from working closely with experienced agents who have already achieved success in the industry. This allows them to learn from those who have already mastered the skills necessary for success in real estate.
2. Personalized Support: The mentor program is customized, with mentors tailoring their coaching to the individual needs and goals of their mentees. This helps new agents identify areas where they need to improve and enables them to work more effectively in those areas.
3. Structured Learning Experience: The mentor program provides a structured learning experience designed to help new agents progress from basic skills to more advanced topics. This is particularly helpful for agents who are just starting their careers and need guidance on how to build their skills and knowledge.
4. Networking Opportunities: The mentor program also provides new agents with valuable networking opportunities. By working closely with experienced agents, new agents can begin building their professional networks and making valuable connections in the industry.

Requirements to become a Mentor as a experienced agent

To become a mentor with eXp Realty, you must meet specific requirements and go through a formal application process. Here are the steps you can take:

1. Join eXp Realty: To become a mentor, you must be an active eXp Realty agent. If you are not yet an eXp Realty agent, you can visit https://linktr.ee/realtorkeena to learn more about the company and apply to become an agent.
2. Meet the Requirements: To be eligible to become a mentor, you must have closed at least 8 transactions within the last 12 months and have been with eXp Realty for at least 6 months. You must also maintain good standing with eXp Realty and adhere to their code of conduct.
3. Apply to become a Mentor: Once you meet the requirements, you can apply to become a mentor through the eXp Realty Enterprise Dashboard. You will need to fill out an application form and provide information about your real estate experience, motivation for becoming a mentor, and how you plan to support and train your mentees.
4. Attend Mentor Training: If your application is accepted, you will need to attend mentor training provided by eXp Realty in  Trakstar, the on-demand learning portal. This training will prepare you for your role as a mentor and provide you with the tools and resources you need to support your mentees.
5. Mentor Agents: After completing the training, you can begin mentoring agents within eXp Realty. As a mentor, you will provide guidance, support, and training to help your mentees succeed.

How is eXp’s Mentor Program different from traditional brokerages newly licensed agents training?

The EXP Realty Mentor Program is different from traditional brokerages training in several ways:

1. Flexibility: The EXP Realty Mentor Program is designed to be flexible, allowing agents to work at their own pace and progress through the program as quickly or slowly as they need. Traditional brokerages training programs, on the other hand, often have set schedules and timelines.
2. Comprehensive Training: The EXP Realty Mentor Program provides comprehensive training on a wide range of topics, including lead generation, marketing, sales, negotiation, and closing. Traditional brokerages training programs may focus more narrowly on certain aspects of the business.
3. One-on-One Coaching and Mentorship: The EXP Realty Mentor Program offers one-on-one coaching and mentorship from experienced agents, which can help new agents develop their skills and navigate the challenges of the real estate industry. Traditional brokerages training programs may rely more on classroom-style instruction.
4. Technology Tools: EXP Realty provides agents with cutting-edge technology tools, such as a CRM system, website, and mobile app, to help them succeed in real estate. Traditional brokerages training programs may not offer the same level of technology resources.
5. Collaborative Culture: The EXP Realty Mentor Program is built on a collaborative culture, where agents are encouraged to share ideas and best practices, and work together to achieve their goals. Traditional brokerages training programs may be more competitive and less collaborative in nature.
6. Commission Split: EXP Realty offers a competitive commission split, which allows agents to keep more of their hard-earned money while still receiving the support and resources they need to succeed. Traditional brokerages may have less competitive commission splits.

The EXP Realty Mentor Program is designed to provide agents with the guidance, support, training, education, networking opportunities, technology tools, and commission split they need to succeed and grow their business. It differs from traditional brokerages training in its flexibility, comprehensive training, one-on-one coaching and mentorship, technology tools, collaborative culture, and competitive commission split.

eXp Realty provides new agents with many resources and opportunities beyond the mentor program.

Here are some other things new agents can look forward to at eXp Realty:

1. Cutting-Edge Technology: eXp Realty offers a suite of technology tools to help agents work more efficiently and effectively, including KVCore or Chime CRM system, the Homeownership mobile app, and robust online platforms for collaboration and communication, like Workplace and The eXp World, a virtual metaverse for eXp agents.
2. Revenue Sharing: eXp Realty offers agents the opportunity to earn additional income through its revenue sharing program, which rewards agents for helping to grow the company’s agent base.
3. Marketing Support: eXp Realty provides agents with marketing support, including personalized websites, branded marketing materials, and access to a library of marketing resources and tools.
4. Global Reach: eXp Realty operates in multiple countries, allowing agents to tap into a global network of clients and colleagues and to work from anywhere in the world.

If you are not yet an eXp Realty agent, you can visit https://linktr.ee/realtorkeena to learn more and apply to become an agent.

Meet Keena Bass

With 8 years of experience in the real estate industry, Keena Bass is a proud mentor in EXP Realty’s Mentor Program, helping new agents learn the ropes and achieve their goals. Keena’s expertise lies in military and corporate relocation, assisting over 100 families transition to their new homes, whether across the country or worldwide. As a Military Relocation Professional (MRP), Keena deeply understands the unique needs and challenges military families face during the relocation process making her the go-to agent for anyone looking to make a smooth transition to a new home.