About eXp Realty: Everything you need to know!
Learn more about how our free real estate team is here to provide as much value as possible for your success.
eXp is the Fastest Growing Brokerage In The World
Setting records for growth and winning awards year after year as the best real estate company to work for.
eXp is the Fastest Growing Brokerage In The World
- Agent-owned, agent-centric technology driven real estate company
- Provides unrivaled value & tools for success
- Maximum support, flexibility and freedom to grow your real estate empire!
Learn More About eXp Realty...
This page is focused on eXp Realty, as much of the value, benefits, tools, training, value, and resources are the same across all of the eXp World Holdings – the financial model just varies slightly by location and Realty vs. Commercial.
Table of Contents
eXp Realty Commission Split & Cap
eXp Realty Commission Split
The commission split is 80/20 – that’s 80% of each pre-cap transaction to agents and 20% to eXp Realty. The eXp Commercial commission split is also 80/20!
This 80/20 split is significant because the value you receive for all the 80+ hours of live training a week, powerful lead generation CRMs and tools, support from over 2000 staff members at your fingertips, a sponsorship team like the Lion League, and more is hard to beat anywhere in the world.
Many brokerages that provide tools, training, and support are no better than a 70/30 split and charge additional office and franchise fees while eXp does not!
eXp Global commission splits vary by location. Official eXp Teams can have higher splits and lower caps. There are team productions and other requirements and changes in those cases.
Schedule a call to learn more about eXp Teams or eXp Global!
eXp Realty Commission Gap
The eXp Realty commission cap is $16,000 a year. After paying that $16,000 to eXp Realty through your 20% split, you will cap and go to 100% commission for the rest of your anniversary year! Your anniversary year starts in the month you join eXp Realty.
While you will learn more in the equity & stock section below, you can get your entire $16,000 cap BACK as EXPI stock shares when you hit the ICON top producing agent production requirements at eXp!
Agents wishing to join eXp Realty that have recently capped at their current brokerage can choose to do an eXp Realty Cap Deferment.
This means that eXp will allow an agent to come to eXp already capped until their anniversary year is up.
To learn more, schedule a call with us!
Most real estate agents have heard of the amazing 80/20 eXp Realty commission split and the awesomely low $16,000 annual cap. But what does that mean?
Ready to Take Your Real Estate Business to the Next Level with eXp?
Join eXp Realty with the Lion League for Free!
Ready To Take Your Real Estate Business to the Next Level with eXp?
Join eXp Realty with the Lion League for Free! The #1 partnership team at eXp Realty – here for your success, growth & freedom!
eXp Realty Fees & Costs
First Month Free To Join!
First Month Free To Join
The initial fee to join eXp Realty is $149. This includes absolutely everything, including your first monthly fee (normally $85). So in reality think of the cost to join eXp Realty as just $149 – $85 = $64!
Pretty amazing, right? Consume live training on contracts, lead generation, business growth, and more all month for $150… name anywhere else you can get that much value for such a reasonable cost!
Monthly Fee + What It Includes
The eXp Realty monthly fee is just $85, which includes:
- 80+ hours of LIVE and recorded training each week from the top realtors around the WORLD. All hosted in eXp World, an eXp owned training environment!
- 2000+ brokers and staff that support and work for the agents regardless of production level - that's $100M a year of staff members that work for YOU!
- Workplace collaboration with and access to all 85,000+ agents in the company
- kvCORE CRM and website with built in lead generation tools, automated client marketing campaigns, smart searches, market listings, and more ($300/month value!)
- Skyslope transaction system, document checklists, digisign, and commission management
- A local mentor agent assigned to new agents to assist through your first few transactions
- Sponsor support with additional training, tools, resources, masterminds, and more!
- Partner vendors like Build-a-Sign, CE Shop, Success magazine, Zoocasa, Virbella, and more!
eXp Realty Transaction Fees
Here is a breakdown of the eXp Realty transaction fees:
- Broker Review Fee: $25 per transaction - ensures all your paperwork is compliant, signed, and filed correctly and that nothing is missing!
- E&O Insurance Fee: $40 per transaction, caps at $500 each year. This ensures you are covered if there are any legal issues from a transaction.
- After Cap Transaction Fee: After you cap (you've paid $16,000 in commission to eXp that year), you go to 100% commission and instead pay a $250 per transaction fee - this is common at split/cap brokerages. Remember how much support and value you continue to receive!
- ICON Status Transaction Fee: After you cap and then hit ICON production requirements, you achieve ICON top producer status! Congrats! Your transaction fee drops to $75 per transaction and you get your entire $16,000 cap BACK as an EXPI stock award (see more about eXp Realty ICON Status below)!
A straight-forward, yet comprehensive guide of the costs and fees to join eXp Realty.
eXp Realty EXPI Stock & Equity Program
eXp Realty is Agent Owned!
eXp agents become shareholders immediately upon closing their first transaction at eXp. How many agents can say they own the brokerage they work in?
Exp agents earn EXPI stock shares for free and also have the option to purchase shares at a discount on every transaction.
It’s an amazing benefit as shareholders, eXp agents ultimately control the direction of the company. eXp Realty agents can also amass equity over time as they sell real estate! We’ve personally known eXp agents who have paid off their houses with their EXPI stock holdings!
eXp World Holdings Stock (EXPI)
EXP World Holdings is a NASDAQ stock with the ticker symbol EXPI. Owning EXP World Holdings is far more than owning a share of just eXp Realty. Here are some of the sub-companies you own as an EXPI shareholder:
- eXp Realty
- eXp Commercial
- eXp Global in ALL countries
- Virbella virtual environments
- SUCCESS Brand
- Express Offers
- All other eXp-owned subcompanies!
Personally, we love owning and amassing EXPI stock. We see the growth of the company every single day: from number of agents worldwide, to countries opening, to commercial division growth, to revenue, to transactions!
Ways eXp Realty Agents Earn Stock
- Your first closing at eXp
- Every time you cap at eXp
- Get $16,000 stock award by achieving ICON Agent top producer status!
- When an agent you sponsor closes their first transaction at eXp
- Optionally purchase shares at a 10% discount with each transaction
The eXp Realty stock ticker symbol is EXPI. EXPI shares are traded publicly on the NASDAQ. While eXp Realty real estate agents earn EXP stock in multiple ways, anyone can go out and buy EXP stock shares…
eXp Realty Revenue Share
What is eXp Realty Revenue Share?
eXp Realty revenue share is a company paid, automated, scalable, referral-like income stream eXp Realty pays agents passively each month in return for helping to grow the company! This works for 7 Tiers of recruiting, so over time your revenue share income stream can grow and scale on it’s own.
Unlike residuals or profit share at other brokerages, eXp Realty revenue share is paid before the company makes a profit and offers much more income. Every time an eXp Realty, Commercial, or Global agent pays their 20% commission split to eXp, eXp immediately takes half of that and pays it back out to agents as revenue share immediately!
Our favorite part about eXp Realty revenue share is that you win together with the team of agents you attract to eXp: you get revenue share when they successfully sell houses! Many agents build a team by introducing agents to the eXp Realty model and eventually step away from selling homes to focus on helping their team succeed.
Revenue Share As An Unlimited Income Stream
eXp Realty provides agents with an opportunity to build a passive income stream they can retire off of as fast or as slow as they want. Agents can even attract entire brokerages and teams at one time. This is a life changing opportunity to not only achieve financial freedom and stop selling houses, but also to scale to any level – all by helping agents succeed at eXp Realty!
If eXp Realty revenue share interests you, be sure to partner with the eXp sponsorship team with the best agent attraction training, tools, resources, masterminds, and coaching! Our team!
eXp Revenue Share Calculator
We built a revenue share calculator to better demonstrate eXp Realty revenue share potential income. Check out our team’s revenue share calculator in the post below – this tool is one of the many benefits provided to our team for free.
What if I told you, that you can build a whole new scalable cash flow stream while you are already doing your job as a real estate agent?
eXp Realty Training
Live Training Classes in eXp World
Live Training Classes in eXp World
eXp Realty takes the top agents in the 85,000+ real estate agent company and puts them in front of you for 80+ hours of LIVE training every week in the eXp World virtual environment.
Attend as many classes as you want on topics ranging from every lead generation technique, contract knowledge, team building and social media! Ask questions, collaborate, and learn!
Virtual Training Environment
A virtual training environment is an incredibly convenient, efficient, and helpful way to learn. At most brokerages you will be limited to what a broker and a few experienced agents know. At eXp, you get insights taught by the world’s experts on every real estate topic, every lead generation technique, every social media tactic, and more!
eXp World Guest Pass
Still not sure about a virtual training, support, and collaboration environment? This is the future! Schedule a call and we will set you up with a free eXp World Guest Pass so you can explore and take as much eXp Realty training as you’d like! That’s how much we believe in eXp Realty!
Recorded Training Classes
Don’t have time during the day to attend live training classes? Well you’re in luck because the live classes are recorded and are available all the time to watch in eXp University!
This is great for part time real estate agents just starting out.
That’s where eXp Realty training is dominating the industry. It’s done completely different. At eXp Realty, training is taught by the top agents at the…
eXp Realty Sponsor Provided Training
Not all eXp Realty sponsors are created equal! By partnering with an exclusive sponsorship organization like the Lion League, you will also get access to additional live training masterminds and events as well as training courses to help grow your business, team, investments, and freedom!
For example, here are just a few unique training benefits at the Lion League at eXp Realty:
- eXplosive Start New eXp Agent Course - A course designed for real estate agents new to eXp Realty to get you from 1st day to 1st closing as fast as possible!
- Lion League Real Estate Success Mastermind - A weekly zoom mastermind covering everything from lead generation to team building to investing! Your business growth starts here!
- YouTube Academy - Learn how to leverage YouTube to generate client leads and grow a team from one of your Lion League partners, a 30,000+ subscriber master YouTuber!
- Wolfpack Team Building Mastermind - Ready to scale your team and generation additional income streams? Come to best weekly mastermind in the business!
- Invested Agents Mastermind, Masterclass, & Community - Leverage your license to grow real estate investing wealth while you sell real estate!
- Team Building Academy - Learn to grow a local, national, or international real estate team!
Helping agents level up their business for free.
Ready to Take Your Real Estate Business to the Next Level with eXp?
Join eXp Realty with the Lion League for Free!
Ready To Take Your Real Estate Business to the Next Level with eXp?
Join eXp Realty with the Lion League for Free! The #1 partnership team at eXp Realty – here for your success, growth & freedom!
eXp Realty Tools & Systems
eXp Realty kvCORE CRM, Website & Lead Generation
At eXp Realty, a kvCORE CRM and website is included for every agent (a $300/month value!). kvCORE is an incredibly powerful lead generation, marketing, and client database tool that includes a whole suite of features.
You’ll have a customizable front end website with actual listings from your MLS for clients to browse. Squeeze pages can be used with social media to collect client leads. Customized email and text automated marketing campaigns can be applied to any existing or recently added leads for automated follow up and long term lead fostering. Property search alerts, market reports, and sales price estimates can be manually or automatically generated for leads. Done-for-you Google and Facebook ads can be added for even more client leads getting automatically added to your database and marketing campaigns applied.
There are a whole bunch more features, including smart text codes, craigslist plugin, Nosy Neighbor listing farming, and more details in the eXp Realty kvCORE section below!
eXp World
eXp World is a virtual training and support environment accessible from anywhere at anytime that is built by Virbella – which is an eXp-owned company! So as an agent owner, you also own Virbella and eXp World. eXp World is an incredible way to log in from anywhere to get instant support from your state brokers, technical, contract, payment, teams, revenue share, equity, healthcare, and other eXp partner sup
One of the biggest misperceptions about eXp Realty is that eXp World is the ONLY way to get broker support, training, or collaborate with other agents at eXp. This couldn’t be further from the truth! eXp World is an EXCELLENT way to get live training every week from top experts on each topic and it is also an amazing way to log in from anywhere and get any support imaginable instantly, but there are many ways to get support and training outside of eXp World, like Workplace groups, Workplace messenger, email, phone, zoom, and at in-person events!
Check out the eXp Realty Training section above for how to get an eXp World Guest Pass where you can try out eXp World and take as much live training as you’d like for free!
Learn about the best time management tool for real estate agents, eXp World!
eXp Workplace
eXp’s Workplace is essentially Facebook for eXp agents and staff. It allows all 85,000+ agents and thousands of staff members to interact, collaborate, refer, train, and learn together through groups, workspaces, direct messages, and more! There are massive referral networks to give and get clients, groups to learn about kvCORE and any lead generation strategies, eXp partners and discounts, the eXp University full of recorded eXp World training, your state brokerage group, local groups, charity groups, investing groups, and so much more!
eXp Skyslope
The eXp Skyslope Transaction Manager is used to manage your documentation and commission compensation for each transaction. When you open a file for a specific real estate transaction, a document checklist will be created to coordinate all state required docs for broker review. Commission and title info will be collected so that eXp can send a commission disbursement authorization to the title company so that your commission check can be handed to you at closing!
eXp Realty kvCORE CRM & Website
What is eXp Realty kvCORE?
What is eXp Realty kvCORE?
An extremely powerful all in one tool for real estate agents and teams. kvCORE is a cutting edge IDX integrated, agent customizable home search and lead generation website with a powerful back end customer resource manager (CRM) with additional free and paid lead generation tools, automated marketing, newsletters and more.
kvCORE, formerly known as Kunversion, is included for all eXp Realty agents, which would normally cost $300 a month for individual agents!
eXp kvCORE provides:
- Professional, Customizable Website with Integrated MLS Listings
- Built in Lead Generation Tools
- Automated, Customizable Email & Text Marketing Campaigns
- Email Newsletters
- Complete Insight to Lead Behavior
- Automated Market Reports, Valuations, & Search Alerts
- Squeeze Pages, Landing Pages, & Social Media Tools
- Done-for-You Google & Facebook Ads and Listing Ads
New Agent eXp Mentor Program
What is the eXp Expand Mentorship Program?
Being a brand new real estate agent can be daunting! That’s why having a local, experienced agent as a mentor is super helpful. New real estate agents at eXp Realty are assigned a LOCAL mentor upon joining and receive an additional eXpand new agent training series.
This program is designed to support you through your first three transactions at eXp and is in addition to the support you’ll receive from your state broker team, your sponsor, live and recorded training, staff support, and (optionally) your team. You will have the opportunity to shadow your mentor on showings, open houses, and more!
Expand Program Commission Split & Duration
As part of the eXpand mentorship program, the eXp Realty commission split will be 60/40 for those three transactions with your mentor. After three transactions you’ll graduate and return to a normal 80/20 split.
If you already have experience, you will not have to enter the mentor program. You do have the option to keep working with your mentor either officially in the mentor program or however you work out collaborating after the program!
You’ve taken your pre-licensing courses and successfully passed your State’s Real Estate Exam. Now what? This is where our mentorship program comes into play.
Ready to Take Your Real Estate Business to the Next Level with eXp?
Join eXp Realty with the Lion League for Free!
Ready To Take Your Real Estate Business to the Next Level with eXp?
Join eXp Realty with the Lion League for Free! The #1 partnership team at eXp Realty – here for your success, growth & freedom!
eXp Realty for Teams & Brokers
Reasons Teams & Broker-Owners Join eXp Realty
Hundreds of teams and brokerages have joined eXp Realty for good reason: eXp was designed to provide the perfect brokerage platform for teams!
Here are some of the top reasons:
- Time freedom for team leaders
- Eliminate liability
- Tools, training & mentorship for your team
- Keep your brand
- Existing systems for agents
- Outsource paperwork & busywork
- Revenue share on top of team splits & as an exit strategy
- Team benefits including rev share, equity, health care & more
- Low caps for production teams
- Multitude of agent support options
Types of Teams at eXp Realty
There are four types of teams at eXp. Each comes with it’s own requirements. Team splits are determined by the team leaders. But the eXp Realty commission split and cap can different depending on the team type. Standard and Mega ICON teams also have production requirements to meet. Team agents may not be eligible for ICON awards.
- Self-Organized Team: This is essentially just a local referral team. There aren't many requirements besides keeping a roster updated!
- Standard Team: Standard teams must produce $6M or 30 transactions a year. Agents have the option to pay a $8,000 cap.
- Mega ICON Team: Mega ICON teams must produce $40M or 175 transactions a year and must have 10 team members. Agents have the option to pay a $4,000 cap.
- Domestic Partnership: Two married agents can opt to be treated as a team with single agent benefits: a combined $16,000 cap, a combined E&O cap, and a combined $149 monthly fee.
You’ve taken your pre-licensing courses and successfully passed your State’s Real Estate Exam. Now what? This is where our mentorship program comes into play.
Choosing Your eXp Realty Sponsor
What is an eXp Realty Sponsor?
When you fill out the Independent Contractor Agreement upon joining eXp Realty, you’ll have the opportunity to name a sponsor: an existing eXp Realty agent. Every agent must have and name a sponsor.
An eXp Realty sponsor is an agent you choose to help support you in your eXp Realty real estate journey. Each eXp Realty sponsor is different, and levels of support may vary. Because a sponsor is separate from a mentor, a team lead, support staff, and your broker team, the sponsor’s role is not location dependent and a sponsor can provide different training and support.
How to Choose a Sponsor
An eXp Realty sponsor is defined as “the agent that influenced you the most to join eXp Realty.” As eXp Realty has become so well known as a game changing brokerage in the real estate industry, what we now see are agents searching for the RIGHT eXp Realty sponsor for their goals.
To choose an eXp Realty sponsor, we recommend you decide what kind of additional support you might need in addition to eXp Realty training and support. Learn about our team’s unparalleled value below or on our partner with us page!
The Best eXp Realty Sponsor in the World!
Our sponsorship team provides:
- Lead ATTRACTION - attract client and agent leads TO you
- Real estate investing and serving investors
- Team building and attraction training
- Live weekly attraction, growth, lead generation, & investing masterminds
- Tons of tools and calculators
If you are thinking about joining eXp Realty, learn what an exp sponsor is and how to find the best eXp Realty Sponsor!
How To Join eXp Realty
Joining eXp is as easy as 1,2,3!
1. Get your state real estate license number
2. Choose an eXp Realty sponsor
3. Complete eXp Realty application!
New agents will be assigned a mentor after joining. If you plan to join a local eXp Realty team, you can also do so after joining.
If you are moving a team, have transactions in progress, want to do a cap deferment, or have other questions, be sure to schedule a call with us BEFORE completing your application with eXp.
Find out how to join eXp Realty with this 6-step comprehensive guide.
eXp Commercial
eXp Commercial is simply the commercial side of eXp, bringing a fresh, agent-centric model to the commercial real estate industry!
An 80/20 split is just about unheard of in the commercial industry, which is a large reason why eXp Commercial is growing so fast. eXp Commercial is open in all 50 States and offers the same 80/20 split to agents.
eXp Commercial agents have the same revenue share and equity opportunities – although per-agent revenue share is slightly higher due to the higher cap.
Here are things that make eXp Commercial slightly different than eXp Realty:
- The annual commission cap is $20,000 before going to 100% commission.
- The monthly fee is $250
- Commercial agents receive world class CRM, lead share/generation, and national commercial tools like Buildout, Reonomy, and AirCRE.
- You have the ability to do multi-state transactions depending on commercial transferability.
See for yourself why eXp Commercial is the best choice for Commercial Real Estate Agents, Brokers, and Team Leaders in 2023 and beyond!
eXp Global
The eXp Model is taking over the globe!
The eXp Model is taking over the globe!
eXp is now open in 23 countries worldwide! This includes Canada, the UK, Mexico, Australia, South Africa, India, Spain, France, Germany, Portugal, Colombia, Panama, Brazil, Chile, Dominican Republic, Hong Kong, Greece, Poland, and Israel!
The international eXp footprint is known as eXp Global. The plan is to expand to 50 countries with over 500,000 agents worldwide within the next few years!
