How Revenue Share Works
Some brokerages offer profit sharing to agents who sponsor agents into the brokerage. EXP offers revenue sharing which is based on commissions earned from selling real estate, not limited by the profitability of any particular market center. This makes a huge difference in the size of your revenue share check.
SINGLE AGENT REVENUE SHARE
EXP pays you 3.5% of the commission earned by any agent you personally sponsor into the company from the company's portion (up to $2,800 per year)
MULTIPLE AGENT REVENUE SHARE
Agents also earn residual income from producing agents sponsored into their overall group. For example, if you personally sponsored 5 producing agents into the company, and they sponsor their own producing agent, you can earn up to $3,200 annually for each of those other agents, which represents up to 4% of the gross commission, with no limits of the 7 levels deep.
eXp Splits
AGENTS
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Agent Commission Split is 80/20
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Only $16,000 CAP
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3 Income Streams (Commission Stock and Revenue Sharing)
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Brokerage Revenue Sharing
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EXPI Stock Awards
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ICON Agents can earn up to $16,000 EXPI stock based on meeting certain production and comopany culture goals*
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Work from Anywhere. Tech Support.
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Paperless Transactions.
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Skyslope. KVCore CRM.
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Extensive Training, Education, Collaboration and Support through workplace at your eXp Cloud Office
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eXp Referral Network
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Enterprise Dashboard to track all of your transactions, your commissions, your Stock Awards and Revenue Share
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No Franchise Taxes or Fees
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No Desk Fees or Royalty Taxes
TEAMS
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National International Growth Potential for both the Team Leaders and Agents
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Complete alignment with your team's growth, expansion, and the Millionaire's Real Agent Development Cycle with you as their sponsor and business partner.
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Brokerage Revenue Sharing allows Team Leaders to confidently train and develop their buyer's and listing agents.
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Outsourcing of contract review and liability
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eXp will award EXPI stock and Share Brokerage Revenue to the agents on your team to qualify.
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Mastermind with Top Producing Team grow your expansion team both nationwide and worldwide.
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Weekly ICONversations sharing best practices from top producing agents.
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Nationwide and worldwide collaboration with top-producing teams.
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Real time team and broker support
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Keep your own brand brokered by eXp.
BROKERS
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Cutting edge state-of-the-art technology nationwide Mastermind.
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Eliminate liability
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Skyslope transaction review
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Live administrative help
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Accounting department handling direct deposit, corporations and mini accounting services.
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Real time collaboration tools
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Exp university for new agents
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Agent contract trainings
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Expand mentor – mentee program
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20+ hours a week of live agent training
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Weekly leadership meeting
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Leadership conferences: Annual Shareholder's meeting, EXPCON and Mastermind events
eXp Agent or Team Leader $16,000 Annual Cap
20% of each commission goes to eXp until you have paid in a total (maximum) of $16,000 for the year. After that, 100% goes to you until you start a new anniversary year. Transaction fees still apply. Click here for a full explanation.
Team Members $8,000 Annual Cap Mega Icon Team Members $4,000 Cap
Minimum 25% of each commission check must go to team leader. Ask if you qualify for Meca Icon Team.
After you Cap, THROW A PARTY!
Because after that you only pay...
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$250 Transaction Fee at Closing (max $5,000 per anniversary year, then it reduces to only $75 per closing for the rest of the anniversary year)
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$25 Broker Review
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$40 Risk Management (E&O) Fee ($500 max/year) for the remainder of that anniversary year!
eXp Stock
EXP Realty is a publicly traded company (Symbol EXPI) and it's listed with the NASDAQ. Stocks go up, stocks go down. No guarantees our promises of performance are made here. But how much stock you are getting with your current brokerage?
AT NO COST "Awarded Shares":
$200 in stock awarded for the first transaction of your anniversary year enter
$400 in stock to any agent or broker who caps (pays a full $16,000 over the years to eXp)
$400 in stock for each agency sponsor into the company upon that agents first closing.
There is a three-year vesting period before awarded (versus purchased) shares "vest" or belong to the agent. This encourages stability by giving agents an incentive to stay with EXP in order to benefit from the equity awards program.
AT REDUCED COST "Purchased Shares":
Agents may elect to have 5% of each commission (after splits and fees) invested in shares of the company at a 10% discount on the Fair Market Value. In doing so, you are effectively "Dollar cost averaging" by buying when the stock is at different prices. This helps you avoid buying a lot of shares an all-time high for example.
AGENT ICON PROGRAM:
Top agents to meet certain production goals, are influencers in the real estate community, and attend the two major EXP events of the year can earn the icon designation whereby their entire $16,000 cap is given back to them in the form of shares of the company. In this case, 25% of the shares vest immediately, and the other 75% vest in the usual three-year period
AGENTS CAN EARN OUR PURCHASE SHARES IN SEVERAL WAYS:
eXp's Fee Structure
One Time Cost
$149 Once
A one-time setup (includes here first month $35 + $50 fees)
Monthly
$50 per month
Technology fee – Includes Skyslope Transaction Management software, KV core CRM, and EXP world.
One Time Cost
$35 Month - eXp University Tuition
Includes 40+ hours of online training per week.
Per Transaction Cost
$35 E&O Premium (max $500/year)$25 Broker Review
Mentorship Program
Experienced agents may choose to become certified as mentors, giving a helping hand to the new agents in the company. New agents are required to use the mentor program for their first few transactions and get 10% of their commission on those deals today or mentor. This provides an excellent opportunity for agents to leverage their experience to help other while also receiving compensations
Ready to make the switch?
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