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The Real Estate Brokerage CRISIS Explained (eXp Realty | REAL Broker | LPT Realty | Epique)

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The real estate industry is experiencing one of the biggest shifts in brokerage history. Agents are leaving traditional franchise brokerages for cloud-based models—but now, even those cloud-based brokerages are losing agents. What’s really happening? In this video, I break down the brokerage model shifts, why agents are making moves, and how this could impact your career and income. Whether you're with a traditional or cloud-based brokerage, you need to understand these changes before making your next move.

Timestamps:
0:00 – The Biggest Shift in Real Estate Brokerages
1:00 – Why Agents Are Leaving Traditional Brokerages
4:50 – The Rise of Cloud-Based Brokerages
7:30 – Cloud-Based vs. Traditional: Key Differences
10:45 – Revenue Share vs. Profit Share Explained
14:00 – Why Some Agents Are Leaving Cloud-Based Brokerages
16:50 – The Massive Migration Back to eXp Realty
19:00 – What This Means for Your Real Estate Career

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Mano Kamgang
 

  • @jeffauerbach962 says:

    That was me! Thanks Mike! Glad to back in the Wolfpack!

  • @jacquelinehenderson-r3m says:

    Great video and very informative
    Thanks Mike

  • @realtorbrianstephens says:

    Great breakdown Mike, thanks!!

  • @pencap29 says:

    I am a real estate photographer in a small town in Ontario of about 26,000. I found that realtors in this town DO NOT not want to switch to EXP because there is no local office, you get shunned by other agents who are in local brokerages, and there are only maybe two current agents in this whole area that are with EXP. Do they have a solution for such scenarios?

    • @LivingInMiddleGeorgia says:

      This is exactly what was happening in my local area. 2 years of YouTube and building the #1 social media presence in my area thanks to Mike. I can’t meet an agent in my area that doesn’t know and respect us. People need to see it. Lead the way!

  • @ianbeattie5660 says:

    Mike Sherrard, thanks for this complete information, succulent , powerful& life-changing.

  • @karinagomezcruz says:

    Amazing breakdown ☺️

  • @mauwow1 says:

    Cloud based is the Amazon of real estate. More agents are starting to realize they’re leaving way too much money on the table by not going cloud based

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