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Every agent at eXp Realty has a split of 80/20 until the cap is met.
Yes, eXp agents cap when they pay $16,000 to the company. So if you earn $80,000+ in gross commission (GCI) you should reach your commission cap each year. Reduced caps are available for teams at eXp.
No! Just $85 per month to our National Brokerage.
Yes, it’s just $40 per transaction with a max of $500 annually.
Zip. Zero. We are a nationally owned brokerage, so there are no franchises. This should save many agents thousands of dollars each year.
Because eXp doesn’t have a lot of overhead – like the typical brokerage – they are able to share half of the 20% split with agents who help our company grow.
For every real estate agent you personally introduce to eXp, you’ll receive up to $2,800 each year. If you have agents who introduce more agents, you’ll also earn a percentage of what they sell.
No, it’s completely up to you!
You receive a percentage of the gross commission generated by the agents you introduce to the company and any agents that are in your seven levels of your revenue share group. If one of your recruits sells a $500K home, you’ll make 3.5% of the $15,000 commission earned ($525).
For every real estate agent you personally introduce to eXp Realty you can earn up to $2,800 annually. Your revenue share team is seven lines deep, so you’ll also earn between 0.2% and 5% of what those agents earn. Long story short, there is no limit to the amount of rev share you can earn at eXp Realty!
On the 22nd of every month, you receive the revenue share generated the previous month. Example: The agents in your rev share group generated $50,000 in gross commission in January. You’ll receive a revenue share payment of about $1,750 ($50,000 x 3.5%) will arrive in your bank account on February 22.
eXp Realty created a system called Enterprise and it allows you to have a real-time view of all your earnings. You can see your sales data, stock awards, and revenue share for the upcoming month. Many agents check Enterprise every few days as they like to see how quickly their revenue share is growing and get an idea of what they will receive on the 22nd of the month.
Wednesday Meetings at 12:30 PM EST are held on Zoom
Tuesday Meetings at 12:30 PM EST are in our Private Team Suite in Boardroom 1.
Agents at eXp have multiple options for training, but more than 60 hours of training occurs EVERY week in our virtual office, eXpWorld. You can log in from your phone or computer and use an avatar to walk around the campus and interact / learn with agents from around the country.
Absolutely! Each area has regular meetings, lunch and learns, CE classes, etc. If you need to occasionally use a physical office for training or meetings, eXp Realty has an agreement with Regus Business Centers to provide agents with free access to their facilities and discounts on spaces for private meetings and events.
eXp stock is traded on NASDAQ (ticker symbol: EXPI
eXp Realty has a stock purchase plan that allows agents to take 5% of their commission checks and buy the stock at a 10% discount. If you’d like to buy stock on your own, you can set up a brokerage account – TD Ameritrade and E*Trade are popular options for many real estate agents, but there are many others so check with friends and family for recommendations to find the best stock brokerage account for your needs.
After you sell your first home, you are awarded stock in the company! Agents also receive stock awards when they hit their commission cap, introduce another agent to the company that closes a real estate transaction and/or become an eXp ICON. The best award is the ICON Agent stock award where top-producing agents receive up to $16,000 worth of stock every year that they receive the ICON award
Most of the stock awards agents receive are vested after three (3) years. So if you received a stock award for hitting your commission cap in January of 2022, you could cash it out (or move to your personal brokerage account) in 2025.
You sponsor is the agent who brought you to eXp. You can see your ‘upline’ in Enterprise on your Revenue Share dashboard.
We are now located in all 50 states, as well as 20+ countries, including Canada, Mexico, Australia, UK, France, South Africa, Portugal, and India.
Each state has at least one state broker. Some larger states also have regional compliance brokers to assist agents and review contracts.
As of 2022, we have 80,000+ agents at eXp. We are one of the fastest-growing real estate brokerages in the country, as more and more agents from across the world continue to flock to eXp Realty
Without a doubt. eXp offers the FastStart training program for new agents, as well as new agent masterminds, and 50+ hours of live training each week. Also, all new agents are paired with a local mentor that works with them on their first three transactions (and beyond if you’d like) for a small mentor fee. As a new agent at eXp, you have such a great support system with your broker, mentor, and sponsor and you always have someone to answer your questions and help get your business off the ground.
All of the eXp Realty mentors go through an extensive certification process to make sure they are well-equipped to help new agents. After you join eXp, your broker will pair you with a local mentor. If you already have a certified eXp mentor in mind in the same geographical area, please let the broker know and they can make a match — assuming of course that the mentor has the bandwidth to work with a new mentee!
The simple answer is that our founder, Glenn Sandford, loved that it was a prefix for many of the words that represent the culture and values here at eXp Realty. A few examples include: eXperience, eXceptional, eXperts, eXcellence, eXpectations, eXposure, eXponential and many others.
No desk fees. No royalty fees. No franchise fees. Earn 80-100%+ commissions with a low company cap!
Does your current Brokerage offer a retirement plan? We offer a multi-faceted exit strategy for agents., including 27 ways to profit!
Industry-leading online marketing tools, virtual technologies & healthcare. The benefits go on and on!
Hundreds of hours of weekly live training &“how-to” video library videos to learn at your own pace.
The Swarm Group & Pathway Groups have helped 1,100+ agents build successful businesses, generate more leads, and expand their teams into multiple states.
Into the Swarm - brokered by eXp Realty
Please Note: This is not an official eXp Realty communication and the information is subject to change. eXp stock award amounts may change annually and the stock prices fluctuate regularly. The qualifications for the ICON Agent award also may change from year to year, so before joining our brokerage, please request a copy of the latest eXp Realty commission splits, fees, offerings, and awards.
Designed to help real estate agents build successful businesses, this website is owned and operated by Swarm Syndicate Corp. The leaders of Into the Swarm are independent agents at eXp Realty, so this is not an official eXp Realty website. The views and opinions of this site are those of the authors and do not necessarily reflect the official opinion or policy of eXp Realty or eXp World Holdings unless otherwise stated. Read Full Disclaimer Here
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