eXp Realty is a publicly-traded company (stock ticker: EXPI) and offers every agent the unique opportunity to become an owner in their brokerage and benefit from the company’s financial success. All agents become owners after they sell their first home!
Agents not only earn stock after selling their first home, there are several annual eXp Realty stock awards for certain achievements, including the opportunity to earn back their yearly commission cap in stock.
eXp Agents receive stock awards for accomplishing specific goals each year. You’ll earn EXP stock shares when you:
Please note: These eXp Realty stock awards have a 3-year vesting period, but you can keep track of all your awards in Enterprise. Also, the agents that you sponsor have to be with the brokerage at the time of vesting in order to qualify for the stock award.
Agents can participate in Agent Equity Program and receive a 10% discount EXPI Stock when they allow eXp to withhold5% of the commission generated from the agent’s transaction.
With the Agent Stock Purchase Plan the stock is held by a company named Shareworks, where you can view and sell your stock purchases 24/7 with the eXp Enterprise tool.
Agents who meet certain production levels and cultural requirements can receive up to $16,000 (their annual cap) back in the form of EXPI stock.
Once you’ve met the production requirements, there are also cultural and participation requirements you must meet to qualify to receive the full $16,000 each year:
eXp will calculate the number of shares you’ll receive based on the stock price at the time of the award. Each of the requirements have different vesting periods: