Revenue Share

eXp has redesigned the traditional brokerage to create a company where agents can share in the revenue.

eXp Realty is changing the real estate brokerage model and more and more real estate professionals are starting to realize that our offerings package, lead generation systems, stock ownership, education, and low fees and co

Simple Explanation with Kerry lucasse

eXp Realty Revenue Share Explained

diversify your income

Why is Revenue Share Important?

Another reason why eXp Realty Revenue Share is so important for real estate agents is that it allows agents to begin to diversify their income and offer a bit of a buffer when you have those not-so-good months. Another big plus of the revenue sharing program is that the sponsoring agents have a vested interest in the SUCCESS of the agents they’ve introduced to the brokerage. It creates an environment where everyone is always willing to share and when needed, lend a hand.

all agents and brokers

Who can earn Revenue Share?

Revenue Share is paid to any real estate agent or broker that has an active real estate license held by eXp Realty. It doesn’t matter if you have only been licensed for 1 month or 20 years. You can begin earning Revenue Share immediately. You’ll receive a check on the 22nd of the month for the previous month’s earnings. This is a remarkable program, the earnings are typically paid to the broker/owner or franchise in most real estate broker models.

Who can earn Revenue Share?

eXp Realty offers an exit strategy for agents, allowing them to earn more income by attracting like-minded agents.

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.

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.

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.

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.

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!

AGENT SUCCESS OBSESSED

eXp Realty is redefining what a real estate brokerage can be reating a modeldesigned to empower agents and set them up for long-term success.

Build your business.

Receive exclusive monthly training emails

Let's Work Together

I’ve helped hundreds of agents build successful businesses, generate more leads, and expand their teams into multiple states.

Building Better Agents

Start Here

New Agents

Watch Videos

Get Licensed

Read Blog

Agent Resources

Real Estate Success

Branding

Internet Marketing

Lead Generation

Contact Us

Canzell Realty

About Canzell Realty

Again Benefits

Commission Structure

Revenue Share Program

Education & Training

© Copyright 2016 - 2024, Canzell Community™ | Canzell Community, LLC. All Rights Reserved.

DMCA Notice

→ Read eXp Realty Disclaimer & Safe Harbor Statement