This is the same model that has been successfully used by Keller Williams for over 30 years. The only difference is that Keller Williams pays out after expenses (Profit Share) and eXp Realty pays out before expenses (Revenue Share), that pays you at least 20 times more than the Keller Williams plan.
For example, I know a Keller Williams Agent who is making about $1,500 a month in profit share. If she were under the eXp Revenue Share model she would be making at least $30,000 a month.
Here is how you can earn passive income for the rest of your life and your children’s lives. I recommend your main focus be on building your real estate business and tweak your business plan to focus on Agent Attraction just a couple of hours per week. An easy plan is to attract one listing, one buyer ad one Agent each week.
For every Agent you invite (my team and I will do the recruiting for you under the “Dr. Hank Umbrella”), you are paid up to $2,800 per year for this one Agent on your 1st tier. This is paid out the 22nd of each month after their closing. You will also be awarded $400 of EXPI stock after their first closing.
These Agents will invite other Agents and this continues 7 tiers down and you will be paid on each tier as you invite more Agents on your first tier. Please contact me for specifics and below are some examples:
You invite 6 Agents that each CAP at $2.6 million, you will be paid $16,800.
These Agents then invite 6 capping Agents and you will be paid $19,200.
This averages $3,000 a month of passive income for the rest of your life.
I teach 10 that get 10. Invite 10 capping Agents that join and they each invite another 10 capping Agents. This would pay you over $348,000 annually:
10 Capping Agents X $2,800 = $ 28,000
100 Capping Agents X $3,200 = $320,000
The most conservative 5-year financial plan that I could come up with is:
Assume none of the Agents are cappers and only do 6 deals a year with an average sale of only $150,000. You only introduce me to 6 Agents/Brokers that join each year and in 5 years you have 30 Agents on your 1st tier. These Agents on your other tiers only invite 3 Agents each year. Your annual income, paid monthly, after year 5 would be $240,000 of passive income.
Ask yourself what 5-year financial plan you have and how it compares to this financial plan. You can see the entire Revenue Share model by registering for one of my webinars at DocHankWebinar.com and then call me to create your 5 year financial plan.
Below is the overview of the Revenue Share and how it is paid: