Kevin And Fred: Why We Joined Exp Realty - A Podcast For Real Estate Agents, Realtors, And Professionals Who Want To Build Th

Ready to join? http://kevinkauffman.exprealty.careers/ Learn more! We have webinars twice a month that are free and totally discreet. Get all your questions answered at http://kevinandfred.com/truth/ A pyramid scheme is legally defined as: a fraudulent system of making money which requires an endless stream of recruits for success. Recruits (a) give money to recruiters and (b) enlist fresh recruits to give them money. These schemes are characterized by the promise of sky-high returns in a short period of time for doing nothing other than handing over your money and getting others to do the same. Despite their claims to have legitimate products or services to sell, these con men simply use money coming in from new recruits to pay off early stage investors. So eventually the pyramid will collapse. At some point the schemes get too big, the promoter cannot raise enough money from new investors to pay earlier investors, and many people lose their money. So, is eXp Realty a Pyramid Scheme? No way! It's actually