eXp Realty VS REAL Brokerage EXPLAINED

Edit: Post transaction fees for REAL are $225/transaction until you hit $6k and that unlocks ELITE. Afterwards it’s $100/transaction until you reset. Difference is eXp has a $250/transaction fee until you cap at $5k and are lowered to $100/transaction.

After 3.5 years at eXp Realty and now just passing 2 years at REAL I figured I’d give my insight on the two different brokerages and how they differ!

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Personal IG - @KC.McKeown
Business IG - @kmacrealtygroup

KC McKeown - Dallas & Fort Worth

Business:

[robertvelasquez]

Im in the middle of getting my real estate license and Im weighing pros and cons of different brokerages. This was really informative. Thank you so much for this video

[nicolejenkins]

Thanks for all of the info! Are these figures still accurate in 2024? Is it still an 85/15 split?

[reallesliewright]

Do you think one of these brokerages is better for new agents? As far as mentorship, training, and support? Specifically as it relates to a brand new agent? Thank you!

[keithnielsen]

Why didn't you mention the pct you make off other agents sales on each level

[drichardson]

Do I have to produce to collect rev share on agents under me at REAL? I like the rev share model at REAL but I don’t want to have to be a producing agent forever. I’m looking for the right place to bring my team.

[angie_myhre]

How can I find any REAL teams in the Nashville area?

[PolarBearPredator]

So is EXP a Multi-Level marketing company? Don't split hairs with me I know all about mult-level marketing companies and can't stand them. I just want a company I can earn money with my real estate client leads and it has a referral program.

[NorthLand]

Why didn’t you cover the post split costs at real?

[AndrewMichaelCoastalHavenGroup]

Great video! I've been with eXp for almost two years and I think your video is a pretty good breakdown. What surprised me after joining is if you are a successful agent you aren't going to want to leave a virtual style brokerage. Leaving RE/MAX for eXp I didn't really walkaway from anything. Since joining eXp I've hit Icon once and will hit it again in January, I've sponsored five agents, and I'm a mentor. If I were to leave eXp I'd be walking away from tens of thousands of dollars in stock, revenue share, etc. So in other words if someone is considering brokerages I would pick one and stay. (Not judging you for having left eXp. I'm sure you had your reasons. Just making the point that once you start putting down roots you probably aren't going anywhere.) Good luck and Semper Fidelis!

[yoonche]

I’m looking to join Real realty in Georgia (NE suburbs). I’m looking for a mentor. Please message me. Thx