What If I Close My Required Deals But I Would Still Like To Remain In The Program?
If the mentee and mentor mutually agree to work together beyond the required residential transactions, eXp will waive its Program fee of 10%, but the mentee will be required to continue to compensate their mentor at 10% (of 3% of sales price) for as many transactions as agreed upon. In order for eXp to waive the Program fee (10%) on these additional transactions, the mentee MUST have taken the latest version of eXp required training.
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What If I had Previous Experience But Was Inactive For A Year? Do I Still Need To Be Enrolled In The Mentor Program?
Generally, if an Agent has not been licensed in any state for a period of twelve (12) or more consecutive months, or has not completed three purchase Transactions or sale Transactions (or any combination thereof) within the twelve (12) month period ...
How Does The Mentor Program Work For Teams?
Standard and Mega Teams eXp agents on a Standard or Mega Team are exempt from the Mentor Program. If they are on a Standard or Mega Team and were added to the Mentor Program, they need to communicate with the Onboarding Team ...
Can The Mentor Fee Or Number Of Mentored Transactions Required Be Negotiated?
The mentor fee CANNOT be negotiated under any circumstance. Agents may not negotiate, barter services, or give gifts in order to waive the fees. To qualify, all required transactions must be completed in the licensed primary state with eXp. The ...
Can I “Opt Out” / Be Waived From the Mentor Program?
Generally, if an Agent has not been licensed in any state for a period of twelve (12) or more consecutive months, or has not completed three purchase Transactions or sale Transactions (or any combination thereof) within the twelve (12) month period ...
What Is The Mentor Program?
The Mentor Program provides newly licensed agents with a partner and a path to gain the fundamental knowledge needed to start and build a successful real estate career. Each new agent, known as the mentee, is paired with an experienced agent who has ...