FIT Choice Agent Benefits
The entire company is focused on being agent success obsessed. It drives every decision that eXp makes – including the eXp Realty Agent Benefits. It drives eXp’s staff and how their teams work, and what their focus is, and how they’re always looking at every little interaction. Every seemingly little work activity has a big impact, so eXp focuses on being absolutely obsessed with helping their agents be successful.
That’s why there appears to be no end in sight for eXp Realty’s remarkable growth and success. On the heels of record results for 2020 and Q4, eXp Realty has landed in the top four of several categories of the elite 2021 RealTrends 500 Report, including being named the No. 1 mover in transactions and the No. 1 independent in the country for two straight years.
Agent Success Is eXp Realty’s Main Obsession
Which Means Agents Are Valued Above All Else
eXp Realty’s relentless attention to detail has been one of the keys to growing eXp into the real estate giant it is today. eXp’s impressive results over the years attract a lot of attention, but it’s the individualized agent successes that feed the obsession.
Top Agent Benefits
eXp is laser-focused on helping agents and brokers succeed professionally and grow financially.
Revenue Sharing Program
eXp has redesigned the traditional brokerage to create a company where agents can share in the revenue.
Become a Shareholder
eXp Realty offers every agent the unique opportunity to become a shareholder in the company, and celebrate the company’s financial success.
New Agent Mentoring
The mentorship and hands-on training for newly licensed agents at eXp Realty is truly top-notch. Explore all the ways that eXp will support you as you build your successful new business.
Simply The Best Real Estate Brokerage That Empowers Agents to Success
eXp Really is leading the way to create the best Real Estate Brokerage through constant innovation. eXp Realty started off 2021 with 41,313 real estate agents and now, nine months later, eXp has added 23,687 agents — a whopping 57% increase in its worldwide agent count to reach 65,000 agents worldwide.
- Commission structure: eXp has a generous financial model, which includes an attractive commission structure (80/20 split with a $16,000 cap. After capping, it’s 100% commission).
- Revenue share program: eXp offers a revenue share program, which is far superior to a profit share program.
- Stock awards: eXp agents can earn stock in a variety of ways.
- Technology platform: eXp’s innovative cloud-based technology allows agents and staff to work from anywhere. But most importantly, eXp’s online world is highly collaborative where agents share leads and best practices with other agents.
12 Ways eXp is different than a traditional brokerage
Traditional real estate brokerages generally follow the same setup: Agents and staff work out of a brick-and-mortar office, commission structures are established and then agents are pretty much on their own. But eXp Realty takes a hugely different approach. Let’s take a look at 12 ways eXp Realty Agent Benefits are different than a traditional real estate brokerage.
Instead of individual franchises all over the place, eXp Realty is one brokerage. And, eXp is not only in the United States! eXp has expanded internationally into Canada, the United Kingdom and Australia. eXp Realty operates as one brokerage under the same Company Core Values.
Anywhere, Anytime Flexibility
Agents are inherently mobile and eXp Realty’s cloud-campus environment allows for collaboration and shared learning from any location in the world.
eXp agents are offered more than 50 hours of live training each week and can participate in virtual classrooms led by leading real estate experts. Not tech savvy? eXp’s live support team is available around the clock to get agents’ systems and tools up and running.
Brokerage whose foundation is built using innovation and cutting-edge technology.
eXp uses cutting edge tools and technology to collaborate with agents and staff. Two of the main tools are eXp World and Workplace, which are used 24/7.
eXp World is eXp’s virtual world in which eXp agents and staff members move about and communicate with each other via their own personalized avatars on a large online campus, complete with offices for support staff such as accounting, brokerage operations, and human resources. There are meeting rooms and large auditoriums for the entire company to gather and even fun places — like the beach and soccer field. The experience is similar to the popular life simulation video game, The Sims.
Workplace is a Facebook product and is one of eXp’s most effective and popular communication tools because it helps the global eXp agent community interact seamlessly with one another in a quick, chat-like setting.
These two tools engage eXp’s massive agent population and allow them to interact seamlessly across states and time zones to talk out ideas and partnerships.
While traditional brokerages may have some cursory classes and onboarding, eXp’s training is robust and ongoing. New agents are given a curriculum to follow for the first few months. There is continuous support with live, ongoing classes 60+ hours a week for all agents covering tips on sales and listings, lead generation, social media, CRM tools and more. Sessions are recorded, so there’s no fear of missing a class!
No need to hope an IT professional is accessible and available. eXp’s IT and service support staff is available during working hours across U.S. time zones, offering support for any question or need — technical or otherwise.
eXp’s Preferred Partner program provides eXp Realty agents and their clients with a marketplace for home-buying and -selling services such as mortgages, title, escrow, moving services and home warranties. Everything is set up for an eXp agent to seamlessly keep the transaction moving forward.
eXp is an intensely collaborative company where agents are eager and willing to help other agents near and far. This can happen organically through eXp World or Workplace or through programs such as ICONversations and Agents Helping Agents — two programs in which top-producing eXp agents share their tips on success with other eXp agents. Also, referrals can come from anywhere across the country, as well as internationally — and they do!
Yes, that’s right. Agents can receive shares of stock in eXp World Holdings (eXp Realty’s parent company) after reaching milestones. Owning stock in the publicly-traded company (EXPI) not only provides financial security but also gives agents a voice in the company and enhances their commitment to helping eXp succeed.
At eXp, the commission model is an 80/20 commission split with a $16,000 annual cap. That means each time an agent closes on a property, they keep 80% of the commission and 20% goes to eXp. Once the agent hits the $16,000 cap in their anniversary year, they keep 100% of the commission per transaction.
Traditional brokerages have hefty setup charges for agents. But since eXp is a virtual environment, agents are not hit with costly overhead fees passed onto them for brokerage operations such as rent, desk fees, insurance, utilities, furnishings, staff and more. This frees up profits, which go back into the eXp business for agent support, training and technology.
Whenever an eXp agent brings a new agent into eXp, they are “sponsoring” that agent and can receive revenue share income from the future sales activity of that sponsored agent. To be clear: eXp pays that share — not the new agent.
Starting in 2019, eXp introduced innovative and low-cost healthcare options for agents. While some real estate brokerages do offer health insurance plans, this is just another example of eXp prioritizing its agents’ well-being and success.
