Real Estate is different with no desk fees, royalty fees, or franchise fees.
eXp Realty does not have the additional costs of a traditional brokerage. Whether you are an experienced agent, or someone looking to get into real estate, eXp offers a way to keep more of your commissions and enjoy a low company cap.
Our team also comes with weekly training sessions, a comprehensive video training platform, and agents that have learned to thrive under the eXp model.
eXp Realty offers you the opportunity to earn additional income while enjoying no desk fees, no royalty fees, and no franchise fees. Reach out and together lets go through why our team could be the choice for you.
Upfront Fee
When you join eXp Realty, there is a $149 Startup Fee that includes your first monthly fee. The monthly fee of $85 covers your lead generation tools and the university tuition that includes 60+ hours of live training classes each week, guest speakers, workshops, and mastermind sessions. Included in your Startup Fee is:
- 1,000 business cards
- Setup of your new lead generation website
- Contact Management System
- Regus Business Center Membership
- HelloFax # and Toll-free 800#
- Google Apps for work, storage, email
- Breakthrough Broker Membership
- Skyslope Transaction Management System
- Your own Agent Attraction Website
- Access to eXp World, our virtual campus
eXp Commission Splits
There is an 80/20 commission split until you reach your $16,000 annual cap, meaning 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 for each transaction after that.
** Please note that new agents or those who sold fewer than three (3) homes in the past 12 months will be in the eXp Mentor Program. There is an additional 20% split for your first 3 transactions with your local mentor.
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. There is also a $25 broker review fee to ensure your contracts are rock solid!
Is eXp Realty for you?
eXp Realty offers you the opportunity to earn additional income! Simple as that.
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 our tea,s eXp Agent David Crawford to receive the latest information, presentation and breakdown of the current offerings and fees.