FAQs
Can I Change My Mentor?
There are various reasons a mentee might have the need to change mentors. If there is a justifiable reason to switch mentors, and the existing mentor is notified and in agreement, you may request a Change of Mentor Form by emailing ...
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 ...
My Mentor Is Leaving eXp, How Do I Get A New Mentor?
If your mentor leaves eXp Realty you will automatically be queued for a reassignment to a new mentor. Please note that this will not occur until the mentor has officially off-boarded from eXp. If you are made aware your mentor is in the process of ...
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 ...
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 ...
What If I Have A Full Time Job And Cannot Attend Classes?
You will be invited to the Mentor Program course in our Learning Management System (LMS) MindFlash. These classes are available 24/7 and can be accessed at any time. Previous recordings of most eXp University classes are available online in the eXp ...
How Often Should I Be Meeting With My Mentor?
Mentors and mentees should meet as often as reasonably possible each month. As eXp Realty is a cloud-based brokerage, we see the value in remote/virtual training. It is also encouraged that mentors & mentees meet in person when possible. Mentees ...
Do Referrals And Co-listings Count Towards Graduation Requirements In The Mentor Program?
Inside Referrals When a mentee is referring a client to an eXp agent and taking a referral fee, the Mentor fees are NOT applied. These transactions are not a part of the Mentor Program and do not apply towards graduation. When any agent (not the ...
Where Is My Mentee Checklist?
Mentee Expectation Checklist What is expected of you, the mentee: While we are working to pair you with a mentor as quickly as possible, in the meantime, please rely on your state broker(s) for assistance with contracts, negotiations, and other real ...
How Is A Personal Sales Transaction Handled In The Mentor Program?
All transaction types (except referrals that are directed to another agent) are permitted within the Mentor Program, providing there is a minimum commission of $250 paid to both the Mentor and the Mentor Program. For more detailed information about ...
How Do Commercial Transactions Work In The Mentor Program?
If a mentee is paired with a mentor that is prepared to assist on a commercial transaction, it MUST be approved by the state broker, and the closing may count towards the mentee’s graduation requirements. The mentee would need to reference this in ...
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 ...
Commission Split Breakdown
Please refer to the Mentor Program Manual in order to see current information on how transactions are counted in the Mentor Program. *The policies, regulations, procedures, and fees in this manual are subject to change without prior notice, if ...
Can A Mentee Request A Mentor At the Time Of Joining eXp?
Yes! Mentees can request mentors in the Join App. Requested mentors have to be Certified Mentors within our Program in order to mentor.