Commission Splits for Teams

This team format is the most common in the real estate industry. At eXp, the team leader has a $16K cap (with an 80/20 commission split) and the agents on the team have a half cap of $8,000. The agents on the team pay a minimum commission split of 75 / 25 to the team leader for all of their transactions in addition to contributing to their annual eXp cap. 

Here’s a quick example of how the traditional team commission splits would break down at eXp Realty:

• Team member sells a home that generates $10,000 in commission
• $2500 (25%) would go to the team leader (and that amount applies to team leader’s annual cap)
• Of the remaining $7500, 20% ($1500) would be shared with the broker **
• The team member would net $6,000 (minus any miscellaneous fees)

** Once the team member reaches their annual cap of $8000, they only pay a small transaction fee to the broker.

Team Requirements:  In order to be recognized as a Traditional Team at eXp Realty, your team needs to have closed at least $6.0M in business or 30+ transactions in the last 12 months. Also, the team leader must submit a team roster as well as a written team agreement to eXp that is signed by each agent. If you don’t have a team agreement, eXp does offer some standard agreements that you can use and/or customize.