7 Reasons Why Agents Are Leaving eXp Realty In 2023

Did you know that the phrase “Why I Left eXp Realty” gets searched over 2,000 times every month? This tells me that agents are looking for reasons why agents leave exp so they can avoid making the same mistakes.

As someone who’s been inside eXp Realty for nearly five years, I see agents leave the company daily. I’ve also spoken to many of them to find out why.

In this video, I’ll outline seven reasons agents leave eXp Realty so you can decide if it’s the right fit for you before moving.

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00:00 Intro
01:43 Real Estate Agents Leave The Business
02:38 Wrong Expectations Were Set About eXp Realty
03:27 An Agent Thinks They Can Make More Money Elsewhere
04:19 An Agent Gets Overwhelmed
05:16 An Agent Decides To Join A Real Estate Team
05:53 An Agent Can't Adjust To A Cloud Brokerage
06:40 An Agent Doesn't Plug Into eXp Realty
07:28 An Agent Wants A Physical Office
08:40 An Agent Joins For The Wrong Reason
10:07 Conclusion

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#kylehandy #realestatetraining #whyileftexprealty

[deborahhume]

Great video ! I have been with eXp Realty now for 1 year + after being at 2 other brokerages in my 4 years of Real Estate. I was looking for ongoing education and a group that understands the growing need for technology and how to help navigate it. I was at smaller brokerages that had offices but I would go sit at the office and attend the meetings but the educational process was so slow! I actually learned about executing contracts in eXp World within the first month! My advice on the mentoring program is to interview the Mentors and eXp admin. will change your Mentor if they are not benefiting you. I went from being Mentored to being on the Mentor's Team and loving it.

[martaotero]

Reasons I have heard are that some not all Sponsors/Mentors don't really do what they are supposed to do for new agents under them. Mentors are more concerned about adding people under them, like an MLM. The more agents, the better for them. Some don't even use all of the tools/programs provided to agents by eXp therefore, they are unable to truly assist agents under them. Thank God for your videos which I, along with many others I'm sure, watch for further teachings. I will not leave eXp because they are a great brokerage.

[JulieBapst-zfly]

I am a seasoned agent who finally made the the move from KW in IL & IN to eXp. I felt so much of these doubts as I hit month 3. This made me really think hard about my responsibility in connecting with other agents locally. Great video!

[adriangarcia]

I left eXp after 120 days. The lack of a physical office, which I used a lot, for me created a huge void in how I did business. I still firmly believe in the eXp model but you do have to have some of your bases covered before making that jump.

[cafelate]

Here are my reasons why EXP agents leave.
1. Not having a good mentor to help new agents.
2. Sponsor signs you up and leaves you hanging
3. Brokers don't answer your emails. No support
4. Difficulty with the cloud base
5. The bad taste in the mouth of people hearing about trying to be recruited to exp
6. Systems and paperwork overwhelms agents.

[CallumMoorekw]

Amazing company. You gotta want it, you WILL love it... but I agree with 5 I think it was... Plug in, learn, connect and enjoy! Great vid Kyle!

[matthewdriscoll]

I was with Exp for six years and I left is because I saw something different about another company LPT Realty. I was never in Exp for rent shares because I didn’t ever recruit anybody so that wasn’t the reason I join Exp even though I did get stock with the company. As to the mentorship, I was a mentor and I could tell people that really wanted it then usually the ones really didn’t want it then last like any other job, but I thought that had a great program for teaching as much as you wanted to know, and I think they had is just as good a virtual office spaces as most video games. But Lpt Realty is a hybrid company so you can choose the Exp of residuals or a flat fee commission plus what interest in me was the 168 item listing box that you get every time you list the house plus no monthly fees and there is training pretty much every day. So it away by leaving Exp I was saving $150 a month and using that for other lead generating programs but again have nothing to say bad about Exp.

[RicoLamar]

I thought Exp realty had available workspaces in many different cities. Not a full-fledged office per se but something like a WeWork space where agents have free access? I think it’s the Regus business lounges can someone at Exp clarify please lol

[espnf]

I’m currently studying for real estate. Had a friend refer me to EXP as well. And we’re both from the San Antonio area. Excited to get licensed and learn more

[agentdaviddoty]

Just curious if eXp is still growing in April 2024? It seems like more are leaving than staying, but that could just be my narrow view.

[sonyafmoore]

Well explained about eXp and any other brokerage. I came from another brokerage and joined eXp and I am happy and love what it has to offer and opportunity and growth I have had. Great video.

[MariaSanchez-xlsn]

I was reading the fees are crazy.. some splits are 60/40. Stocks they give you they dont allow you to sell or do anything within 3 years

[cttofl]

I got harassed by an agent and almost assaulted, I had to leave. I didn’t even know them because our teams are so large until an event after boot camp. My sponsor and mentor don’t seem like they care and this isn’t the first time this agent has acted out. I’m a woman and he almost assaulted me and no one did anything. I am leaving this brokerage, I’m a new agent.

[RoyaltyMusicTV]

#endcrew Great vid…all of the other content is great too.

I’m considering leaving eXp. I may come back but I don’t think it’s a good fit if I’m not capping, hitting Icon or attracting enough agents. I’m giving away too much money that I can use.

[charleshorseman]

I wonder what the privacy is when interacting with others in the eXp meta. Are they recording all I/O continuously?

[rebeccamotlhapeng]

Afternoon i am interested to join the company but after the reviews
Is any change 🇿🇦

[ViviendoenSanAntonio]

Thanks for sharing your knowledge with us! The learning curve is hard but well worth it!
Looking forward to your new content! #endcrew

[salesinthesandwithchuckbur]

I totally agree with everything that’s written here I could write a book about this. If you’re gonna go to the large brokerage firm, and I don’t care where it is, they’re going to tell you the same methodology that’s so old and so antiquated to get business. Calling expired FSBOs. Seriously when’s the last time you answered the phone from somebody that you didn’t know? You’ve got to set up a business where you’re talking to people. You need to be out there speaking to people and doing something as simple as asking people if they have a real estate agent if they say no then say this is what I do would it be OK if I have time to time sent you information on what’s going on in the real estate market. There are 99% of the population is not going to do Real Estate right now. If you’re going to chase that one you’re gonna go out of your mind. It is not a get rich quick gig. If you’re desperate for money, being a real estate agent is not a good move. You’re better off being an Uber driver or working at a store

[Terra_Darene]

I’m definitely leaving EXP. It’s just not for me. I need to be in the mix. Vs being “plugged in” I would come back once I have more experience. You have great points here, many of these I’m experiencing now.

[vanellouidor]

#endcrew. Finished my first week Studying for my license now. Planning to take the exam end of July. LETS GO!!! 🥳