Have you heard about eXp Realty? If you are looking for a change in your real estate business that dramatically increases your sales, commission, technology, and knowledge, this informative article is just for you!

Let’s take a closer look at everything eXp Realty offers you as a real estate agent. You will learn all about commission splits, stock prices, revenue shares, and the importance of being agent owned.

Other topics include eXp Realty reviews, cloud-based brokerages, teams, and education. We’ll help you join eXp so you can begin your exciting adventure!

๐Ÿ“Š eXp Realty Commission Splits

If being treated reasonably is vital to you, you’ll appreciate the integrity in which eXp operates when it comes to commission splits. All eXp real estate agents are treated the same when it comes to commission splits regardless of their time with the company, sales volume, or other criteria.

computer calculator pen

There is an 80/20 commission split for eXp real estate agents is capped at $16,000 in commission. An agent pays 20% annually when they earn $80,000 in commissions. After reaching these commission caps, the agent keeps 100% of their commission after the risk management fee, transaction fee, and broker review fee.

Once you reach the agent cap, you’ll pay $250 per transaction until you’ve paid $5,000 in transaction fees, and then you’ll pay $75 per transaction for the rest of the anniversary year. When it comes to risk management fees, the agent pays per transaction the price set for their state, but they no longer pay a risk management fee for the rest of their anniversary year once they pay $500 in risk management fees.

If you live within the United States, you’ll pay $25 per transaction for a broker review fee. Canadian agents pay $29 per transaction. There is no cap on the broker review fee.

๐Ÿฆ eXp Realty Stock Price

A public company since 2013, eXp Realty is committed to sharing the company’s equity with real estate agents. eXp Realty built the initial Agent Equity Award program with growth in mind and recently added a Sustainable Equity Plan to replace the Agent Equity Award program.

man at computer with graphs on screen

Those agents who are new to eXp Realty benefit from their first transaction with $200 in eXp World Holdings common stock. An agent receives $400 worth of stock once they reach their cap.

For helping someone join the company, you can receive $400 worth of stock once that agent closes their first transaction. That’s what we call being supportive of another agent’s goals!

ICON AGENT

Once an agent is named an ICON Agent, the agent receives up to $16,000 worth of stock annually when eligible. After three years, agents earn $16,000 worth of stock, and that amount is considered vested.

Agents with eXp Realty benefit from attending the eXp Shareholder Summit and EXPCON by receiving $2,000 worth of stock for each event attended. There’s no vesting time for this benefit, and the maximum amount you can receive is $4,000 worth of stock.

Stock Board

One unique thing about the Sustainable Equity Plan is that eXp Realty offers an Equity Offset Repurchase program. The program lines up with the company’s dedication to remain sustainable and reward real estate agent with equity.

๐Ÿ’ต eXp Realty Revenue Share

When you refer an agent to eXp Realty, you receive a commission on their sales. This commission is called a revenue share and is part of the eXp Realty Revenue Share Program. The best part of this revenue share is that eXp Realty pays the commission amount, it does not come from the agent.

There’s a tiered benefit when you help other real estate agents find their place for success within eXp Realty. Sharing the joy of working as an eXp Realty agent is easy when you genuinely believe in the positive benefits of being an eXp Realty real estate agent.

Let’s look at the numbers behind the Revenue Share Program. Let’s say that the real estate agent that joined the company from your recommendation receives a $20,000 commission. As the agent who referred them, you receive a revenue share commission of 3.5%, which would be $700. The program has seven levels that determine the amount of revenue share you gain at each tiered level.
LevelseXpansion Share
Percent
Active Personally
Recruited Agents
eXponential Share
Percent
Total Share
Percent
Received for Each
Capped Agent
11+3.5%3.5%$2,800
20.2%5+3.8%4.0%$3,200
30.1%10+2.4%2.5%$2,000
40.1%15+1.4%1.5%$1,200
50.1%20+0.9%1.0%$800
60.5%25+2.0%2.5%$2,000
70.5%40+4.5%5.0%$4,000

โ— Imagine working within a dynamic culture that believes in supporting your career growth and financial goals. That’s the exact kind of environment you’ll be stepping into when you decide to become an eXp Realty real estate agent.

๐Ÿ’ฌ eXp Realty Reviews

“Everything you need to become a successful agent is in the Cloud!” – Real Estate Agent

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Each day you can log in to the cloud for training, support, mentoring, mastermind classes. This company figured it out and I am so glad to be a part of it.

“Best place I ever worked!” – Realtorยฎ, Bellingham, WA

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This is an amazing company to work with. Collaboration and support are off the charts. Training is top notch, and you have access to great agents. There is no compensation structure like it, and the opportunities to build here are exponential.

“Best in the industry. No better place to run your business.” – Realtorยฎ, Granby, CT

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I’ve been working at eXp Realty full-time for more than three years. The pros include the leadership, tech support, low cap 16K 80/20 split, revenue share that is out of this world, and stock rewards. No cons for me.

โ˜๏ธ Cloud-Based Real Estate Brokerage

To embrace the power of working within a cloud-based real estate brokerage like eXp Realty, you’ll want to have a better understanding of what a cloud-based brokerage is and how it works. A cloud-based brokerage operates using virtual resources and provides their services with the help of the internet.

Central servers are used to connect remote real estate agents to company resources. Two of the advantages of this remote technology is the lower cost of operations and an increase in profitability for the agents.

Because of the cloud-based system in place, real estate agents can offer full-service benefits to their clients, create more listings, and increase sales. The cloud-based platform provides better opportunities for sharing knowledge and social connections.

How does eXp Realty differ from other cloud-based brokers? The core difference is that eXp Realty is A Cloud Based Brokerage. Real estate agents and brokers build teams, share experiences, and increase knowledge with the goal of creating success within their businesses.

๐Ÿค eXp Realty Teams

An eXp Realty team is one that consists of one lead agent or team leader or one that has one or more licensed agents that work as team members with a teaming agreement. The terms of these agreements are to be mutually agreed upon and submitted in writing.

Team Types

When it comes to commissions, all monies owed to outside sources is to paid first. The team divides the remaining commission, and individual agents pay any eXp Realty fees. Broker review fees, risk management fees, and capped transactions fees are transaction based.

Commission breakdown depends on several factors, including whether the team leader or team members are capped. Let’s take a look at two different examples.

 

Team Leader and Team Member Not Capped

Team Leader Capped and Team Member Not Capped

Because you are working within a cloud-based company, you are not limited by time or distance when it comes to building a successful team. Furthermore, you can collaborate with people across the United States and parts of Canada just as quickly as you can with people in your area.

Since, you are on an eXp Realty team, you are part of a vast, robust network of real estate agents and brokers who are excited about referrals. This active network is excellent for sharing best practices and new information.

๐Ÿ’ผ Agent Owned Real Estate Brokerage

When Glenn Sanford founded eXp Realty in 2009, he believed that real estate agents and brokers who did the major work in the real estate industry should be shareholders and receive income based on their level of contribution. Due to this belief, he established the first cloud-based brokerage.

Your voice is essential in the success of this agent owned real estate brokerage, and the Agent Advisory Council (AAC) represents the collective view of all agents. Comprised of 12 eXp Realty agents and brokers who are nominated, the Agent Advisory Council has members from different locations and production levels.

๐Ÿ““ eXp Realty Education

Some of the benefits of working within a cloud-based company include a campus that has no desk fees, no overhead costs, and no expensive leases. You can access information anywhere, anytime, and experience the freedom that comes from paperless transactions.

woman sitting crosslegged on bed with laptop

As an eXp Realty real estate agent, you receive more than 20 hours of training each week that is live. You’ll learn from experts in the industry and top producers about the power of social media and how to use it to your best advantage.

From sales, listings, and lead generation, eXp teaches it all. Training on CRM and technology tools keeps you at the forefront of new technology and adds credibility to your marketing plans. Because the whole training system in cloud-based you can access recorded sessions along with the live ones.

๐Ÿ‘‰ Be an eXp Real Estate Agent

Moving over to eXp Realty was one of the best decisions I’ve made during my real estate career. The team atmosphere is impressive when it comes to receiving support, encouragement, and training. I would love to help you start your successful career with eXp Realty!

๐Ÿ’ก 12 TOP Reasons Broker Owners & Agents Join eXp Realty

The growth that eXp Realty is experiencing is a direct result of the incredible benefits offered to real estate agents and brokers who join. Once you join eXp Realty, you are not just a real estate agent who works within the company; you have the opportunity to be a stock owner in the company.

Let’s take a closer look at the 12 TOP Reasons why broker-owners and real estate agents are joining eXp Realty today!

๐Ÿ’ก Revenue Share Program

At eXp Realty, each real estate agent shares in the success of those they bring into the company. What an incredible way to help others grow their business!

๐Ÿ’ก Education & Training

With the cloud-based campus available to all agents, education and training become manageable and more comfortable to fit into your busy schedule. You receive instruction from some of the top agents in the country!

4 business people with arm raised

๐Ÿ’ก CRM & Lead Generation Help

From WordPress website builds to a lead generation program created with real estate agents in mind, you’ll have every chance to grow your business and succeed.

๐Ÿ’ก Generous Commission Splits

The commission splits are not only plentiful, but they are also fair to each real estate agent. It doesn’t matter if you’ve been with the company five years or ten years, you have the same ability to receive impressive commissions.

woman at laptop

๐Ÿ’ก Advanced Technology Tools

You may spend extra money on tools to help manage your real estate business, but when you join eXp Realty, you have access to time and money saving tools such as SkySlope, eXp Enterprise, and Workplace by Facebook.

๐Ÿ’ก Agent Benefits

Did you know that you have a chance to be an owner in this ever-growing real estate company by possessing stock? The Agent Advisory Council is there to be a voice for agents and brokers, which means that your thoughts count!

white globe on desk

 

๐Ÿ’ก Global Care Friendly

In a business world flooded with paperwork, eXp Realty is proud to support a paperless campus for learning and a platform for managing your business. From digitally signed documents to paperless training opportunities, you can lessen your global footprint with ease.

๐Ÿ’ก Team Success Environment

If you’re excited about being around other real estate agents who are ready to help you succeed, eXp Realty is the perfect place to grow. Without limits on distance and time, you have a limitless collaborative force!

two men fistbump in office

๐Ÿ’ก Stock Awards & Repurchase Program

We mentioned that you could be an owner through the stocks awarded, and you don’t have to wait to reach an unrealistic level for that to happen. By sharing your love of eXp Realty, you can help others find their way to the company and receive stock. The Equity Offset Repurchase program is there when you want to use your stocks’ equity.

๐Ÿ’ก Creative Marketing Tools

There’s no need to spend money on costly marketing tools when you have access to beautiful templates for everything from business cards to signs. Using these templates and the marketing training you receive as an eXp Realty real estate agent, you’ll be on your way to success!

Woman shaking mans hand in office

๐Ÿ’ก Collaborative Opportunities

Because we have real estate agents, brokers, and teams throughout the United States and Canada, you have the chance to work with a diverse group of people. Consider the fantastic referral opportunities at your fingertips!

๐Ÿ’ก Events & Conferences

Attend the eXp Shareholder Summit or EXPCON to meet other real estate agents, stay current on real estate trends, and receive additional stocks. The team culture spills over into these and other events, so the energy is vibrant and inspiring.

๐Ÿ† eXp Realty ICON Agent Award

Earning the prestigious eXp Realty ICON Agent Award is within your reach! Once you join eXp Realty as a real estate agent, you are coming into an exciting and supportive team culture where you’ll be encouraged to succeed and reach milestones within your anniversary year.

When you reach specific cultural and production goals within your anniversary year, you’ll be qualified for eXp World Holdings common stock. The first cultural goal is to serve on a panel, serve on a committee, or teach a class.

Another cultural goal is to promote eXp Realty in your community. Production requirements include an annual commission income of a certain amount and a minimum number of closed transactions.

๐Ÿค Join eXp Realty

๐Ÿ“น Why Real Estate Agents Switched to eXp Realty [Videos]

Why I left Keller Williams and Joined eXp Realty [Testimonial]

Here Is Why I Joinedย eXpย Realty [Video Testimonial]

Brent Gove, Gene Frederick & Jay Kinder share why Agents should learn about eXp Realty.

๐Ÿค” Is eXp Realty Good for New Agents?

Choosing a career in real estate can be exciting, but it can also be stressful if you feel alone in a sea of competition. The best thing about joining eXp Realty as a new real estate agent is that you are not alone.

mentor meeting with woman at table

You enter a growing family of supportive team members, mentors, and other real estate agents who are cheering for you to succeed. Access to educational material, training classes, and live videos that can help you achieve your goals will be at your disposal.

A dedicated mentor assigned to you that will help you find your way! Your screened and trained mentor works with real estate agents in your local area, which means they understand the laws and real estate requirements where you live, no matter where other team members live.

โœ”๏ธ Choose Regan Laughlin!

๐Ÿ“‡ eXp Realty Marketing [For Agents]

As a real estate agent, you know the power of marketing when it comes to a home’s listing. When it comes to the success of your real estate business, marketing is just as important.

eXp Realty marketing materials

You’ll have access to templates provided by eXp Realty that are there to help market your business. The models are easy to use and offer the flexibility to co-brand in a way that works best for your marketing goals.

Resources with creative designs include flyers, brochures, postcards, door hangers, business cards, and signs. You will also have access to listing presentation materials, newsletters, letters, and pamphlets.

๐Ÿ“ฐ eXp Realty [News]

๐Ÿ“ฐ May 2018, eXp Realty entered the NASDAQ exchange trading at a $1 billion market capitalization.

๐Ÿ“ฐ December 2018, Dave Conord joined eXp Realty as the Senior Vice President of Growth.

๐Ÿ“ฐ December 2018, CEO Glenn Sanford, who founded eXp Realty, reported that the company was in line with their goal to have 16,000 – 20,000 real estate agents within eXp Realty by the end of the year.

๐Ÿ’ป eXp Realty Training [For Agents]

What if you could receive training from someone who was named one of Inman’s Top 50 Most Influential Online people? You can! The Director of Education for eXp Realty, Brad Anderson, holds that honor.

4 team members fist bump

As if that wasn’t impressive enough, the Working the Magic Technology Team is full of educators who are at the top of their game when it comes to technology. They put together training for real estate agents and brokers that includes recorded classes and how-to videos.

One of the fun things about training at eXp Realty is that it takes place in a virtual classroom that allows you to create a customized avatar to attend training each week. You are encouraged to participate in a minimum of 20 hours of live training each week.

Maybe you’re super busy this week and can’t attend a scheduled training. Don’t worry! We record training classes so you can watch them when you have the time.

You’ll have a chance to connect with your sponsor and mentor for training and attend the two annual conferences. The thing to remember is that you are not alone!

๐Ÿ› ๏ธ eXp Realty Business Tools [For Agents]

There are beneficial tools available to all eXp Realty real estate agent that can help grow their businesses. Let’s take a closer look at the best tools and services offered.

๐Ÿ“Œ eXp Enterprise – Business Intelligence

This easy to use interface provides access to your agent details, commissions, cap status, and equity reports. You’ll receive real-time performance reports that are valuable when evaluating goals.

๐Ÿ“Œ SkySlope – Transaction Management

Wouldn’t it be great if there was a cloud-based tool that helped you manage your transactions efficiently? We have good news! SkySlope gives you the ability to review transactions from any device, sign paperwork digitally, and follow the entire process paperlessly. The system includes top-grade security features.

๐Ÿ“Œ Workplace by Facebook

Facebook is a great way to keep in touch with family and friends, so it makes sense that we took it to the next level for collaborations between eXp Realty agents! You can share important announcements, participate in discussions, communicate with your team, and go live with videos that are archived.

๐Ÿ“Œ CRM & Lead Generation

Because the founder of eXp Realty understood the importance of an effective CRM, you have the benefit of working with a powerful lead generation platform that costs you nothing extra! You can integrate listings on your WordPress website and use the in-house lead generation program.

๐Ÿ“ฑ eXp Realty Support [For Agents]

We’ve mentioned that you’ll have a trained mentor dedicated to helping you succeed, but you’ll also have access to plenty of support options. There’s live support in the way of technical experts, finance experts, and eXp Realty service experts.

If you need help when it comes to transactions, we have specialists who are there to help you individually or to provide assistance for your team. You can receive online support on weekdays from 9 AM – 8 PM ET.

If you have questions about eXp Realty, I would love to answer those questions and provide you with more information on this incredible opportunity.

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eXp Realty
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eXp Realty
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Have you heard about eXp Realty? If you are looking for a change in your real estate business that dramatically increases your sales, commission, technology, and knowledge, this informative article is just for you!
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RL Real Estate Group
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