Becoming a real estate Agent is a combination of good education, passing licensing exams, and getting clients. As a first step, potential real estate agents must take pre-licensing courses. Although state requirements differ, working with a brokerage is obligatory in order to practice as a real estate agent, and individual real estate companies often set additional requirements that are necessary to start practicing with them.
Brokers normally offer an extra three years of Training after pre-licensing courses. It is crucial for prospective agents to think long and hard about the brokerage they are looking to train and work for. Reputation, size, and additional training are just some of the factors to bear in mind when contacting brokerages for additional training and employment. New agents need to find out if the brokerage offers more training, entails additional coursework or requires years of experience. It’s also important for the agent to determine whether he or she will be working with one specific person, what the brokerage’s client contact style is to develop leads, and how long it takes to begin earning commission checks.
After training, new agents are required to pass state and national exams. There is a fee, and this may also require additional background checks. Aside from all of the above, becoming a real estate agent is not cheap. Advertising fees, licensing courses, business cards, and association fees are just some of the expenses to consider – not counting the costs of maintaining a physical office. Becoming a real estate agent or broker is essentially starting a small business.
However, one brokerage offers all of these services to real estate professionals from the comforts of their own homes. At eXp World Holdings, Inc. (OTCQB: EXPI) subsidiary eXp Realty, the greatest asset is the company’s ever-growing network of agents and brokers. The Agent-Owned Cloud Brokerage™ operates on the principle that brokers and agents should also be owners. Agents and brokers within EXPI’s realty division are able to build their own business, allowing them to work, train, strategize, collaborate, innovate, build teams, and share experiences, all from a cloud-based office environment.
This means that each person is able to reach his or her full potential from the comforts of home. Not only this, EXPI allows brokers to continue their training while offering high commissions, a variety of revenue streams, and opportunities for ownership. EXPI gives its brokers a chance to become sizable shareholders and partners within its collective success. EXPI’s forward-thinking model cuts a number of overhead expenses, including royalty fees, brick and mortar costs, franchise fees, and desk fees. It’s a major reason why the company has experienced such tremendous growth in recent months.
For more information, visit the company’s website at www.eXpWorldHoldings.com
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