Home buying or selling can be a significant financial decision for families. Luckily, there are services that can make the process more cost-effective and efficient, like Ramsey Solutions which offers a network of real estate agents who adhere to radio host Dave Ramsey’s financial advice and mortgage services provided through its Churchill Mortgage division. Anyone wanting to work with one of Ramsey Solutions’ realtors can fill out an online form and be instantly connected with three local professionals.
This program has proven highly successful, with many satisfied customers and high referral fees for realtors endorsed by Ramsey. But not without controversy; some have criticized it for charging up-front and monthly fees that some consider excessive. Others have complained that only Ramsey-endorsed realtors were available, which limited home options. Still, the company remains popular with consumers seeking affordable and trustworthy real estate agents.
Though eXp Realty may offer an innovative real estate experience, its rates do not always provide superior real estate service compared with other agents. Indeed, their fees may be more costly; furthermore their business model relies heavily on compensation for agents’ hard work; accordingly they compensate agents via commission rather than offering flat fees – an approach which may not work well for agents without enough time or energy to manage a large volume of leads.
Due to this business model, some speculate that Ramsey and eXp’s conflict was related to its pay-for-play business model. More specifically, some have linked it with Grant Cardone, a well-known real estate trainer and author who recently joined with eXp Realty as an affiliate partner. While eXp denies such allegations made against it by Ramsey Solutions or its affiliates.
No matter the controversy, it is essential to remember that Ramsey Trusted agents are not personally approved by Dave; rather, members of his team are accountable for reviewing and selecting potential agents. Some critics have noted that due to a lack of oversight, the quality of Ramsey Trusted agents varies considerably across the country and that due to having fewer realtors to choose from than competing services it can be challenging to locate an experienced and professional agent. Clever Real Estate and UpNest offer more competitive real estate rates, and provide access to full-service realtors who offer savings in commission costs compared with Ramsey ELP agents. In terms of trusting agents, these alternatives provide much better value than Ramsey ELP realtors.