What are the Benefits of Having a Team or Small Brokerage at Canzell?

FOR YOU

It means access to all the technology, tools and resources you need to run your business.
 

FOR YOUR AGENTS

It’s the training they’ve been looking for, the state of the art technology they request and access to inexpensive lead purchasing program.

FOR YOUR CLIENTS

It means getting a reliable, enjoyable buying or selling experience designed to make them your clients for their lifetime.

 

A team at eXp Realty is defined as

  • One lead agent or team leader
  • One or more licensed agent working as a team member with a team agreement

Team agreements are mutually agreed upon terms between the team leader and team members. These agreements are in writing and carefully considered to ensure compliance with all federal, state and local laws as well as company policy. eXp Realty will not intervene in any disputes between team members and team leaders.

Team Types

How commissions are calculated

  • The first deductions are for any outside referrals owed to other brokers.
  • Next, gross commissions (or remaining commissions after outside referrals) are divided between team leader and team member.
  • Then all eXp Realty company dollar and fees are deducted from each agent individually.
  • Transaction fees such as broker review fee, capped transaction fee and risk management fee are per transaction, not per agent.

Examples of a team commission breakdown

Example 1

  • 50/50 split between the team leader and team member
  • Neither the team leader or team member are capped
  • Transaction with $10,000 gross commission

Example 2

  • 50/50 split between the team leader and team member
  • Team leader is capped
  • Team member is not capped
  • Transaction with $10,000 gross commission

*Capped transaction fee reduces to $75 for mega icon teams and any agent whose capped transaction fees total $5,000 or more.

Have more questions about joining eXp Realty as a team or establishing a team?


Contact teamservices@exprealty.net

Brokered by eXp in 50 states and 24 countries

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