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Get a better understanding of the eXp Realty commission splits and fees in this informative video.eXp Realty Commission Splits + Fees

Many of you have heard about all that eXp Realty has to offer their agents – from powerful lead generation tools to dozens of weekly training sessions – but you also want to make sure that the broker splits and fees are better (or similar to) your current real estate 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.

The best part of this video… find out how you can create multiple revenue streams that will allow you to earn more so you can keep 100% of your hard-earned commission each year.

If you have any questions after watching the video, please don’t hesitate to reach out to us.  Call Kerry Lucasse at 404-432-1844 or 404-205-8801.

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Overview of the eXp Realty Commission Structure

Please note:  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 Kerry Lucasse (text 404-432-1844) and ask for the latest presentation with a breakdown of offerings and fees.

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Notes from Video

Basic Fees  

When you join eXp Realty, there is a $149 start up fee that includes your first monthly fee as well as:

  • 1,000 business cards
  • Set-up of your new Kunversion and/or Commission lead generation website
  • Contact Management System
  • Regus Business Center Membership (100s of locations across North America)
  • HelloFax #
  • Toll-free 800#
  • Google Apps for work, storage, email
  • Breakthrough Broker Membership (marketing materials, eNewsletters, templates and more)
  • Skyslope Transaction Management System
  • Your own Agent Attraction Website
  • Access to eXp World, our virtual campus

There is a $420 University Tuition fee (that is broken up into monthly payments of $35) and includes 20 to 25 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 on Facebook to building a team.

After you’ve joined eXp, there is just a $50 monthly tech fee to keep all of your lead gen and management tools up and running.

eXp 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 $40 per sale until you reach the $500 annual cap. The remainder of the year is no cost. There is also a $25 broker review fee to ensure your contracts are rock solid!

See how the eXp commission structure works for agents and how you can earn more with stock and rev share.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 would save over $4,000 per year with eXp Realty. For top producing agents who are selling about 25 homes and generating $300,000 GCI, the savings averaged about $53,000. See the full example of the eXp Realty commission / fee breakdown in the video above.

How to Keep 100% of Your Commission

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 for your first transaction each year, hitting your commission cap and introducing someone to the company.

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 2019, you’ll receive $12,000 worth of stock when you meet the qualifications, as well as an additional $4,000 if you attend our two annual eXp conferences.

The third way that you can earn additional income is by attracting other agents to the brokerage and participating in the eXp Realty revenue share program. You’ll not only receive $400 worth of EXPI stock* for each agent you introduce, 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 would earn $16,000 in revenue share… every year. This program creates an environment where everyone really wants to help one another success… and it’s working!

 

Have questions about the eXp Realty Commission Plan or awards offered?

Call agent Kerry Lucasse at 404-432-1844 or 404-205-8801.

 

* PLEASE NOTE:  This is not an official eXp 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 ask for a copy of the latest eXp Realty commission splits, fees, offerings, and awards.

 

See what eXp agents have to say about the brokerage >

eXp Realty Founder Glenn Sanford Named a Glassdoor Top CEO | 2018

Congrats to our fearless leader, Glenn Sanford! Glassdoor, a popular company review website, just named our eXp Realty founder a 2018 Glassdoor Top CEO!  And this was across ALL industries, not just in the real estate brokerage category.  As an agent / owner at eXp Realty, I know why he received this award from Glassdoor, but if you’re curious, it was based on all the rave reviews from eXp Realty real estate agents, brokers, and staff.  Glenn has an impressive 97 percent approval rating! Glenn Sanford founded eXp Realty in 2009 and is truly a brilliant man.  After working with several other brokerages over the course of his career, he designed eXp around what he liked most about the other companies… and changed what he didn’t.  The result was an incredible real estate brokerage model where everyone — brokers AND agents — benefit if the company is successful.  Because every agent has a stake in the publicly-traded brokerage and can participate in eXp’s revenue sharing program, Glenn has created a something really special and is changing the lives of many agents within this brokerage.  Learn more about eXp Realty and/or read the official press release below…   eXp Realty Founder Glenn Sanford Named a Glassdoor Top CEO eXp Realty was earlier recognized as Glassdoor 2018 Best Place to Work PRESS RELEASE: BELLINGHAM, WASH. — June 19, 2018 — eXp Realty, the largest residential real estate brokerage by geography in North America and a subsidiary of eXp World Holdings, Inc. (NASDAQ: EXPI), today announced that Founder Glenn Sanford was named a Top CEO in Glassdoor’s Employees’ Choice Awards. Glenn was ranked...

EXP Realty is Now in British Columbia!

EXP Realty is Now in British Columbia! We are so thrilled that eXp Realty Canada continues to grow!  This incredible agent-owned real estate brokerage now operates in three Canadian provinces as well as 49 states in the US.  As you’ll see in the press release below, we now have a new eXp Director of Canada Real Estate Brokerage Operations who will oversee the eXponential growth we’re experiencing!   EXP REALTY PRESS RELEASE:  BELLINGHAM, WASH. — June 4, 2018 — eXp Realty, the largest residential real estate brokerage by geography in North America and a subsidiary of eXp World Holdings (NASDAQ: EXPI), today announced its expansion into British Columbia and introduced its Director of Canadian Brokerage Operations Deborah Stevens.   With the launch of British Columbia, eXp Realty now operates in three Canadian provinces, 49 U.S. states and the District of Columbia with more than 11,000 agents across North America. At eXp Realty, Deborah leads the company’s expansion and brokerage operations across Canada, including compliance and risk management. She has been in the real estate industry for more than 30 years and has experience in many facets, from being a rainmaker of a large real estate team in her early days to owning multiple brokerages. She also has been a regional director as well as an international teacher and business coach. “We are thrilled to continue our expansion across Canada and open in British Columbia. Much like eXp Realty, British Columbia agents are tech savvy and entrepreneurial, so we are excited to bring this opportunity to local real estate professionals,” said Deborah. “We have a fantastic team in place to support Canadian...

Record-Breaking Growth at EXP Realty | See Who Just Joined the Agent-Owned Brokerage

eXp Realty is eXperiencing Record-Breaking Growth Our agent-owned real estate brokerage DOUBLED in size in just 8 MONTHS!  We’ve almost tripled in size in More and more savvy, business-minded real estate professionals are flocking to eXp Realty, as we offer a brokerage model that is unlike any other.  Where else can you go where agents have multiple streams of income, low annual commission cap, industry-leading lead gen tools and the broker shares a large portion of the REVENUE back with the agents? Take a peek at eXp’s most recent press release below, as well as a list of some of the top agents and teams that have recently joined eXp Realty. For more information about our brokerage, email or call us at 404-205-8801.   PRESS RELEASE:  eXp Realty Exceeds 8,000 Real Estate Agents Across North America 196% Year-Over-Year Growth, Doubles Agent Count Within Eight Months BELLINGHAM, WASH. — Feb. 15, 2018 — eXp Realty, the largest residential real estate brokerage by geography in North America and a subsidiary of eXp World Holdings, Inc. (OTCQB: EXPI), today announced that the company exceeded 8,000 real estate agents across North America. This significant event marks a doubling of agent count from eight months ago and 196 percent year-over-year growth of agents who joined the eXp Realty family. In February, the company also launched in Nebraska, marking the company’s operations in 47 U.S. states. “We started off 2018 with a bang and we’re not slowing down! It is amazing to see this phenomenal growth just a few weeks into the new year,” said eXp Realty Chief Operating Officer Mary Frances Coleman. “To ensure that our superior level of agent service...

Glassdoor Names EXP Realty as Best Place to Work

JUST ANNOUNCED! EXP Realty was named a ‘Best Place to Work’ in the Glassdoor 2018 Employees’ Choice Awards After working with EXP Realty for more than four years, it’s no surprise (to me) that we were honored with this award.  EXP is an incredible place to work and every real estate agent I speak with is thrilled with our innovative, agent-centric real estate brokerage. In order to determine the best places to work, Glassdoor ranked businesses by size and anonymous employee reviews / ratings.  EXP was ranked #12 among ALL small/medium companies on Glassdoor for 2018!   See the official press release below….   EXP REALTY PRESS RELEASE BELLINGHAM, WASH. — Dec. 5, 2017 — eXp Realty, LLC, the largest residential real estate brokerage by geography in North America and a subsidiary of eXp World Holdings, Inc. (OTCQB: EXPI), was named as a best place to work in Glassdoor’s 2018 Employees’ Choice Awards. The company was ranked No. 12 among all small and medium businesses on Glassdoor. The award is based solely on anonymous employee feedback via Glassdoor, where employees were asked to rate their company based on culture and values, work/life balance, senior management, compensation and benefits, and career opportunities. Currently on Glassdoor, eXp Realty has an overall 4.9 out of five stars. eXp’s Glassdoor profile reveals that culture and values, senior management, and compensation and benefits are among the top ranked characteristics among employees, with a noteworthy five out of five stars. Additional highlights on eXp Realty’s current Glassdoor profile include: 100 percent of employees approved of the CEO, Glenn Sanford. 99 percent of employees said the company has a...

Look Who Joined EXP Realty – Jay Kinder and Michael Reese

Please welcome Jay Kinder and Michael Reese to eXp Realty! Personally, I was THRILLED to hear that this dynamic duo joined eXp Realty, as I’ve been a big fan for many, many years. For those of you who haven’t heard of Jay Kinder and Michael Reese (aka “Kinder Reese“), here are just a few of their accomplishments: Founders of the National Association of Expert Advisers – currently 40,000 real estate agents strong Co-Authors of the (fabulous) book, “Miracle Morning for Real Estate Agents” Inc. 5000 Fastest Growing Companies – for the last 6 years in a row Jay was named REALTOR Magazine’s Top 30 under 30 when he was only 25 years old ($17.5M in volume in 2002) Jay was also the #2 Agent Worldwide at Coldwell Banker when he was just 27 years old Michael Reese and Jay Kinder have sold more than 4,200 homes and are also nationally recognized for being some of the top trainers / coaches in the real estate industry They are passionate about raising the bar in the real estate industry and helping agents become true professionals and the dominate leaders in their real estate market.  As you’ll hear in the video below, Jay and Michael joined eXp Realty because our brokerage model is “something special and very different.”  They love the transparency of the company as well as the sustainability (one of eXp’s core values).   Why Jay Kinder Joined eXp Realty See what eXp Realty has to offer its agent/owners >>   Even if you love your current brokerage, sometimes an incredible opportunity presents itself and you owe it to yourself...

Review of eXp Realty | A Look Back at 2016

Another record-breaking year for eXp Realty! This is my fourth year at eXp Realty and the agent success stories, new broker offerings and growth at our agent-owned real estate brokerage is nothing short of AMAZING!  This innovative company offers agents the complete package and is constantly improving systems and agent benefits, so it’s no surprise that we were on fire in 2016!  Below are some of the highlights as well as a personal review, sharing feedback from an eXp agent’s perspective. Review of eXp Realty in 2016   GROWTH eXp Realty almost TRIPLED in size!  We are now in 42 states in the US and in Alberta, Canada and are considered one of the fastest growing real estate brokerages in North America. See the full article.   AWARDED BEST PLACE TO WORK eXp Realty was named in the”Top Places to Work” by The Washington Post, the Atlanta Journal-Constution and The Oklahoman. Pretty impressive when our eXp office is actually online! It is further proof that real estate agents can easily learn, collaborate, thrive and have FUN in an online office environment. REAL ESTATE SALES SOARED Every quarter, sales grew, breaking eXp records almost every time. Many agents who joined us in the last year or two had their best year yet, thanks to the free Kunversion lead gen tool, amazing training classes and the chance to collaborate with other agents around the country. EXPI STOCK…. off the charts! eXp Realty is a publicly traded company (OTC: EXPI) and all of the agents own stock in our real estate brokerage after selling their first home with eXp. At the start of 2016, EXPI...

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eXp Realty LLC

Kerry Lucasse

REALTOR |  eXp Realty LLC  |  GA-305421

404-432-1844 (direct) | 888.959-9461 (broker)

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