Commission Split

Maximum Earning Potential

No desk fees. No royalty fees. No franchise fees.

eXp Realty’s revolutionary virtual-office business model does away with the added costs of a traditional brick-and-mortar brokerage. Keep 80-100% of your commissions, and enjoy a low company cap. Many of you have heard about all that eXp has to offer their agents – from powerful lead generation tools to dozens of weekly training sessions — but weren’t quite sure what our fee structure looked like. This is your chance to compare eXp Realty commission splits with your current brokerage.

In the following video, we do a deep dive into the eXp Realty commission splits, annual cap and any monthly or annual fees. There are also comparison charts based on your level of production each year so the typical agents and the top producing agents can see how much they could potentially save each year. eXp Realty offers some fantastic opportunities to earn additional income that will help you recoup any splits or fees you paid to the brokerage of the year.

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Simple Explanation with Kerry lucasse

eXp Realty Commission Splits Explained

exp realty commission splits & fees

Overview of the Commission Splits & Fees Video

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.

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About the Cancell VIP Website

This website was created to support real estate agents in building strong, successful businesses. It is owned and operated by Building Better Agents LLC. While the founders of BBA are independent agents affiliated with Canzell Realty VIP, please note that this is not an official Canzell Realty VIP website. The views and content shared here represent the authors’ perspectives and do not necessarily reflect the official stance or policies of Canzell Realty VIP, unless explicitly stated.

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Upfront Fee

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

Additional Basic 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.

VIEW EXP COMMISSION SPLITS FOR TEAMS

eXp Realty Commission Splits

There is an 80/20 commission split until you reach your $16,000 annual cap. For those of you that aren’t familiar with a commission cap, that just means that once you’ve paid eXp $16K, you keep 100% of your commissions for the remainder of your anniversary year. Once you’ve reached your cap, there is just a $250 transaction fee for the next 20 transactions and $75 after that.

In order to keep your monthly costs down, eXp elected to charge your E&O (Errors and Omissions) Insurance by transaction. You pay just $60 per sale until you reach the $750 annual cap (updated in 2024). There is also a $25 broker review fee to ensure your contracts are rock solid!

Agent Savings

In the video, we also looked at what real estate agents would take home at the end of the year versus the average real estate brokerage. For the typical agent who sells about 10-12 homes and does $80,000 GCI, they could potentially save over $8,000 per year with eXp Realty. For top producing agents who are selling about 25 homes and generating $300,000 GCI, the savings averaged about $60,000. See the full example of the eXp Realty commission splits / fee breakdown in the video above as well as the different options for you to earn back some or ALL of the money you pay into the brokerage each year.

eXp Realty Offers

eXp Realty offers some fantastic opportunities to earn additional income that will help you recoup any splits or fees you paid to the brokerage of the year. The first option is the EXPI Stock Awards where you can receive stock when someone you sponsor closes their first real estate transaction.

There are occasional changes to the eXp Realty commission structure, fees and/or awards, so if you are seriously considering joining our brokerage, please contact eXp Agent/Owner Kerry Lucasse to receive the latest presentati

How to Keep 100% of Your Commission

OPTION 1

eXp Stock Equity Plan

The first option is the EXPI Stock Awards where you receive stock when someone you sponsor closes their first real estate transaction.
With eXp Realty’s Sustainable Equity Plan, our agents receive stock awards for accomplishing specific goals each year.

EXP EQUITY PLAN

option 2

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.

EXP ICON AGENT AWARD

option 2

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!