All Forum Posts by: Marian Huish

@Erin A. you absolutely need to consider eXp Realty whether you use the CRM, lead Gen tools marketing & 60 hours+ training per week or not!  The $85/mo is nominal.  And, while you pay only $16K/year in brokerage split (how much are you currently paying?), you can make far in excess of 100% from stock awards and monthly income from the sales of any agents you sponsor into the company- whether they’re on your team or not!  Most brokers make 3,8% off of each transaction.  eXp pays 3.5% to agents for simply sponsoring agents into the company  but with no brokerage responsibility or liability!  It’s really a no-brainer.  You can run your business as you see fit, whether under eXp’s name or your own brand.  How many clients never heard of KW, Compass or RLAH or Fathom when they started out?  Your clients hire YOU, not the brokerage! eXp is 88,000 agents in 24 Countries- why do you think we’ve grown so fast?  You’ll make much more at EXP than you ever will at a 100% brokerage and will be able to actually stop selling real estate while having monthly passive income so long as you keep your license active. eXp has set the roadmap for other virtual brokerages that are knock offs of EXP. Do your homework but happy to have a conversation with you or anyone else willing to open up and listen to the opportunities they are missing out on! I wish you all the best.

@Fili Aguirre … just get your real estate license and you could make a good living off of referrals all day long!  😉

Congratulations @Rambé Parker!  No need to have a local ‘BP location’ as it’s a virtual world and you have access to everything you need right here!  Lean on & learn from your Broker & find local mentors-  Best of luck!

What market are you in @Patrick Hayes?  With low inventory in high interest rates, tough time to get started but really boils down to your market and willingness to do what it takes to succeed. It’s much more difficult than money new agents realize and often takes quite a bit to start building your business. Hang on to your W-2 job for a while until you learn the ropes and start making the right connections. Best of luck.  Happy to have a conversation!

I agree with @Chris Seveney about the #WashingyonDC metro area where I live/invest.  DC is an excellent market for renters given the high turnover of people coming here or passing through for political/Government careers. The only drawback in DC is the very strong tenant laws but still worth consideration.  Another market I’m in is InclineVillage in Northern Nevada of #LakeTahoe which draws a very high end luxury, second or vacation home demographic.  In addition to LTR‘s short-term rentals are very popular here if you can afford to get in at a minimum 800 price tag.  You can easily draw &100+ In annual rental income Securing your vacation spot in paradise! Another draw for Nevada is that it’s tax-free so that you can eventually convert that rental to your personal residence and enjoy beautiful Lake Tahoe in your retirement years while avoiding residential-personal property tax- A big draw for Californians who are fleeing that high income tax state @Adah N.. Connect with me for details if you want to learn more!

Do you also plan on selling real estate @Tyler Radford?  For clarification on eXp Realty‘s property management policy:  “Agents shall not conduct property management services through eXp.” The key words being “through eXp”. If your state doesn’t require property managers to be licensed, then it is possible to have a completely independent property management company, as long as it is not connected in any way to eXp.  There are many EXP agents engaging in property management but they do so under another property management entity.  Please keep in mind that property management is generally largest potential area of liability for brokers which is why many of them don’t permit it.  You’ve course are allowed to manage your own properties and EXP allows up to 3 personal transactions per year in which you are the principal at 100% commission so eXp takes nothing but a nominal transaction and broker management review fee.  Best of luck!

Interesting @Kyle Hanger- but which brokerage are you with?

What brokerage are you with @Kameron Wilson?  Your brokerage should be offering you some good resources to generate leads- I get a ton of leads from KVCORE which is one of the best AI driven CRM & lead Gen system that my brokerage offers for free.  If you were to purchase it directly it would be about $700/month!  BP has also been a good resource if you want to work with investors.  Update your profile & stay engaged in the forum postings!  All the best!  DM me & I’m happy to offer more suggestions!

Apologies as I just reread your question and see that you are a wholesaler… But again, it depends on your area and MLS rules regarding how this is handled.