COLLABORATIVE TECHNOLOGY

In addition to eXp World, eXp uses an array of cutting edge tools and technology to collaborate with agents and staff, including Workplace, which is a Facebook product and is one of eXp’s most effective and popular communication tools. It helps the global eXp agent community interact seamlessly with one another in a quick, chat-like setting. These tools engage eXp’s massive agent population and allow them to interact seamlessly across states and time zones to talk out ideas and partnerships.

BIGGER COMMISSIONS

At eXp, the commission model is an 80/20 commission split with a $16,000 annual cap. That means each time an agent closes on a property, they keep 80% of the commission and 20% goes to eXp. Once the agent hits the $16,000 cap in their anniversary year, they keep 100% of the commission per transaction.

NO COSTLY OVERHEAD

Traditional brokerages have hefty setup charges for agents. But since eXp is a virtual environment, agents are not hit with costly overhead fees passed onto them for brokerage operations such as rent, desk fees, insurance, utilities, furnishings, staff and more. This frees up profits, which go back into the eXp business for agent support, training and technology.

REVENUE SHARE PLAN

Whenever an eXp agent brings a new agent into eXp, they are “sponsoring” that agent and can receive revenue share income from the future sales activity of that sponsored agent. To be clear: eXp pays that share — not the new agent.

HEALTHCARE

Starting in 2019, eXp introduced innovative and low-cost healthcare options for agents. This is just another example of eXp prioritizing its agents’ well-being and success.

Exp Fees

When you join eXp Realty, there is a $149 Startup Fee that includes your first monthly fee as well as:

• Onboarding Assistant
• Setup of your new lead generation website
• Contact Management System (CRM)
• Regus Business Center Membership (i.e. office space!)
• HelloFax # and Toll-free 800#
• Google Apps for work, storage, email
• Skyslope Transaction Management System
• Your personal eXp Agent Attraction Website
• Multiple discounts on signs, business cards and more
• Access to eXp World, our virtual campus with support staff, concierge service and 60+ hours of weekly training

MONTHLY FEES

The monthly fee of $85 that covers your lead generation tools, a powerful CRM, eXp Workplace, and the university tuition that includes 60+ hours of live training classes each week, guest speakers, workshops, and mastermind sessions. You’ll also have access to a large library of on-demand training videos that cover everything from generating leads to mastering new marketing technologies to building a real estate team.

ICON AGENT AWARD

There is also an ICON Agent Program that allows top producers to receive their $16,000 cap back in EXPI stock. You just have to sell 20 homes after capping and/or earn at least $500K GCI annually and paid at least $5K in transaction fees. As of 2023, you’ll receive $12,000 worth of stock when you meet the qualifications, we well as an additional $4,000 based on certain cultural requirements such as mentoring, teaching, and/or attending eXp events.

Revenue Share Program

The third way that you can earn additional income is by participating in the eXp Realty revenue share program and attracting agents to the brokerage, who then meet the production and closed transaction requirements. You’ll not only receive $400 worth of EXPI stock* for each agent you introduce after they close their first real estate transaction, eXp will also share 3.5% of whatever your sponsored agent sells until they hit their $16K cap.

If your agent sells a home that generates $15,000 in gross commission, eXp will share 3.5% with you (i.e. $525).If you bring six agents (cappers) to eXp, you have the ability to earn $16,000 in revenue share every year if the minimum production and closed transaction requirements are met. This program creates an environment where everyone really wants to help one another success and it’s working!