The Kosciusko Chamber of Commerce had a ribbon-cutting for Alan Hoyt’s business RESolve Realty, which operates under the company eXp Realty, on Thursday, Oct. 13. From left: Chamber Member Relations Manager Scott Wiley, Hoyt and Chamber Ambassadors Scott Clay, Chad Hummel, Morgan Bruner and Denise Beno and President and CEO Rob Parker. InkFreeNews photo by Leah Sander.

By Leah Sander
InkFreeNews

WARSAW — Alan Hoyt is selling physical spaces through his company RESolve Realty, and doing so without having a designated physical office himself.

The Kosciusko Chamber of Commerce had a ribbon-cutting for RESolve Realty on Thursday, Oct. 13, at Hoyt’s other business, Global Auto, 802 S. Buffalo St., Warsaw. The ribbon-cutting was held there since there’s not a brick-and-mortar building for the realty business.

Instead, Hoyt operates it through an online model via the company eXp Realty, what he deemed “a unique new model.”

“We are not a franchise; it is one huge brokerage, and what they did is they took the brick and mortar out of it, so now it’s basically all online,” said Hoyt.

“You can have all the support in the world you could possibly want, but at the same time you are an independent agent,” he said.

Being involved in eXp means Hoyt can also earn cash off other agents within the company.

“As we sponsor (other eXp agents), then we earn residual income from those new agents that come on board,” he said. “I have one agent that I sponsor, she’s actually in Illinois, and I earn residual income from her Illinois sales.”

Hoyt noted that agents not having physical eXp offices saves money, which means there’s more money for them. He started operating as a realtor under eXp in 2019, having sold properties prior to that under a typical model.

“As far as the normal agent side, that’s what I’ve been doing. That doesn’t change dramatically although I do have more resources now with eXp,” said Hoyt. “For any agent out there that would like a much better plan, they can join eXp.”

“They can reach out to me at any time and join eXp and start building their residual income, which means that the day you stop selling, you still have income, which is not true for the majority,” he said. “Some of them have profit-sharing, but it’s not the same.”

Potential clients are welcome to reach out to Hoyt by calling (574) 453-8470 or emailing [email protected]. There’s also a contact form for Hoyt under the eXp website, which may be found by clicking here.