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Updated almost 4 years ago on . Most recent reply

User Stats

109
Posts
96
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Jonathan Bowen
  • Real Estate Broker
  • Stoughton, MA
96
Votes |
109
Posts

Is anybody else tired of getting hit on by eXp Realty agents?

Jonathan Bowen
  • Real Estate Broker
  • Stoughton, MA
Posted

I always thought Keller Williams Realty recruiting tactics were cringeworthy and my opinion hasn't changed but, somehow, eXp Realty recruiting tactics are exponentially worse. A Realtor in my office was recently hit on at one of his open houses, I was just hit on via a LinkedIn private message. The recruiting is neither nuanced nor special but it is bullheaded and it is clumsy. Let's be honest, eXp Realty is just another terrible pyramid scheme. Do these agents specialize in selling real estate or recruiting agents? I've already had enough but I fear it's only going to get worse... Thoughts?

Most Popular Reply

User Stats

492
Posts
528
Votes
Russell Holmes
  • Real Estate Broker
  • Apopka, FL
528
Votes |
492
Posts
Russell Holmes
  • Real Estate Broker
  • Apopka, FL
Replied

@Jonathan Bowen on behalf of all of the exp agents who DON'T stoop to those levels, I apologize! They are really trying to crack down on those type tactics and they aren't condoned from corporate or state brokers at all! There is new training on agent attraction and a pledge that must be signed before actively sponsoring, hoping to get the point across that used to be just fine print and honor system. The short of it is that we ARE NOT permitted to do the high pressure recruiting things that are annoying the rest of you. Those tactics are unprofessional, tacky, and in many cases unethical. There has been a significant effort recently to more thoroughly train and guide any recruiting efforts. I'm not up to speed on all of the guidelines since sponsoring isn't on my radar for now. However, I know that exp agents are not supposed to reach out to those they have no relationship with or otherwise mass market for sponsoring. That is really not the point of the sponsorship system at all. Those agents you mention are likely in violation of several exp policies whether they know it or not. If you want to PM me any names and what state they are in, I'll happily pass it along to their state broker or somebody in corporate so they can handle the violations and hopefully coach better practises. That kind of BS isn't what exp is supposed to be about and they'll be proactive about either getting them to cut it out or cutting them from the brokerage altogether. The real influencers in exp have massive businesses themselves and attract agents to them. Those guys you encountered likely have no sales volume and hope to "get rich quick". It is just a hard thing to police in a rapidly growing company and harder still when new recruits are then taught those methods. I'm a pretty small fish in the relative ocean of a company, but figured I'd speak up to say we aren't all that way and those of us who don't use those tactics wish the ones who did would knock it off.

I joined for the system, technology, training, and equity program. However I've also never understood how anyone could be so dense as to think EXP is better than everyone. For what they are, it's incredible, but many would be better off at a transaction broker, small independent broker, or brick and mortar depending on their goals and work style. My current schedule doesn't allow for me to plug into office based training, but it is pretty annoying how some of these agents trying to build an Amway style pyramid are giving the rest of us a bad name. I know the sponsoring is there and I may utilize down the road if I wanted to bring on agents to help in my own business without forming a binding team structure, but I don't understand those that seem to make sponsoring their largest effort. Again, you're right to be annoyed by them. Even though I'm with exp, reading your post made me cringe as much as if I were with remax or on my own.

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