I’m not sure about your background, or why you got into real estate, but I can tell you that when I began my real estate journey over 15 years ago, I was flat broke and hating life with my corporate (snooze) slow death, going nowhere grind. So when I ‘discovered’ real estate, one of the biggest attractors to me was the concept of Passive Income. After I read a few books I was soon hooked on creating as much passive income as I possibly could to get out of the rat race and be able to work on the things I enjoyed, while working with others I enjoyed working with, while at the same time creating wealth and making an impact on others and my community. By the way, Robert Kiyosaki’s “Rich Dad, Poor Dad” and Gary Keller’s “Millionaire Real Estate Investor” were the two real estate books that had the biggest impact on me. So needless to say, I began my journey and was able to exit corporate America in a little over 2 years since I began, and have been enjoying the freedom of being a real estate entrepreneur ever since.

Since that time, I’ve gone on to buy hundreds of single-family homes (rentals and flips), I’ve created a large portfolio of owner finance notes (excellent passive income), and I’ve also acquired multiple mobile home parks, RV Park as well as some land and commercial deals to create multiple wealth generation and passive income streams (some pretty good tax breaks as well 😉). So I say all of this not to impress anyone, but to impress upon you the importance of building your streams of passive income now, and exploring the various opportunities that exist to see which fits best for eXp realty agents and their goals.

eXp Realty & eXp Realty Revenue Share Program

Now, I will transition to what many real estate agents and entrepreneurs may not even know exists for them. I certainly didn’t until a random and chance conversation with another real estate entrepreneur opened my eyes to this opportunity. First, let me provide some general information about eXp Realty and the eXp Realty Revenue Share program for those that may not have knowledge about eXp or even know what revenue share is.

eXp Realty has quickly become the fastest-growing real estate brokerage in history that has revolutionized the way real estate agents conduct business. I know, this sounds braggadocious, but do your homework when you get a chance, many are calling them the ‘Amazon of real estate’. One of the reasons they’ve been able to accelerate their growth so quickly has been through an intriguing program, which is their Revenue Share program, which provides agents with a unique opportunity to grow and expand their own businesses by essentially creating a passive income stream by referring other agents to the company. But what exactly does this program entail? Let’s take a closer look at why eXp Realty established this revenue-sharing model and what it can do for you as an agent. 

How Does the Revenue Share Model Work?

The revenue share model works by allowing agents to earn a percentage of the commission earned by other agents in the company. For example, when an agent makes a sale, they will not only earn a commission from that sale; they will also earn commissions from any other sales made by other agents in their region or team. This creates an incentive for every agent to be productive and successful, as everyone benefits when someone else succeeds in making a sale. As such, everyone works together to ensure success across the entire company. 

What Are the Benefits of Revenue Sharing? 

The most obvious benefit of revenue sharing is that it allows all agents to benefit from each other’s successes. Not only does this create camaraderie within teams, but it also encourages collaboration and support between members. Additionally, revenue share models typically come with lower overhead costs as compared to traditional models since multiple teams can split costs such as marketing expenses and software subscriptions. These cost savings are then passed on to the agents so they can spend more money on growing their business instead of paying administrative fees or equipment costs. So whether you’re an established agent, or on a shoestring budget, either way, you’re good here. I’m all about sustainability and being smart with my money, so what Glenn Sanford (eXp Realty Founder) has done here is he’s created a sustainable business model with extremely low overhead thru their cloud-based model (think Netflix compared to Blockbuster) that essentially allows the company to share revenues with the Agents.

Comparing the eXp Revenue Share Model vs Other Passive Income Opportunities 

I started this article talking about other forms of passive income streams that I’ve created over the years, but now I want to compare the eXp Revenue Share Model vs Other Passive Income Opportunities.

First, what are some other forms of passive income that are available to you? Well, everyone knows there are rental properties, owner finance notes, or perhaps Airbnb’s, or even Mobile Home Parks. All of these are great income streams, however, they’re not extremely passive all of the time. Additionally, to play in the real estate investing game, there are 3 things you are going to have to add in: Time, Money & Risk! So while real estate investing, dividend-paying stocks or even peer-to-peer lending are all common sources of passive income streams that have been around for decades, each one has its unique advantages and disadvantages; investors need to research the upsides and downsides carefully before deciding which one is right for them. 

Now, let's quickly compare the eXp Revenue share program to some of the other income streams mentioned above. As we all know, the real estate industry is constantly evolving, and new opportunities for passive income are constantly emerging, so I must say, when I first saw the model eXp was offering, I almost didn’t believe it. It was one of those things that seemed too good to be true. Why? Because in a nutshell, this was an income opportunity that agents could grow extremely quickly, but without any financial investment or risk! While I love my real estate portfolio, it has come with a lot of work, blood, sweat, and tears so to speak and since I joined eXp several years ago, I’ve gone on to build a revenue share team with hundreds of agents and built a passive income stream comparable to some of my real estate endeavors others in a fraction of the time and once again, without any financial investment or risk!

How Does eXp Realty Compare to Other Brokerages?  

eXp Realty’s revenue share model sets them apart from most brokerages because it helps reduce expenses while still providing quality services for its agents. Other brokerages often charge high monthly fees or require upfront investments before joining their team; however, with eXp Realty there are no long-term commitments or contracts required, meaning you don’t have to worry about being stuck in a cycle of debt if your business isn’t doing well. Plus, with access to powerful tools and resources like cloud-based technology, webinars, and training opportunities—all at no additional cost—agents have everything they need to succeed without having to break the bank getting started.

eXp Realty's Revenue Share program offers many benefits for new and experienced real estate agents. It provides cost savings through shared expenses, encourages collaboration between members, and gives everyone access to powerful tools at no extra charge. With all these advantages combined, it's easy to see why so many people are turning towards eXp Realty as an option for starting or growing their own business in today's competitive market and it's worth looking into if you're looking for a new way to build your career in real estate.

Conclusion

Look, I get it, yes, there is work involved to build a revenue share team, and this model probably isn’t for every real estate agent out there, but for me (and for most in my opinion), this model provides an opportunity for real estate agents and entrepreneurs that other real estate brokerages don’t offer. So when it comes to building passive income streams or choosing a new real estate brokerage, whatever you choose, make sure you have done your research and know what you're getting into!