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 20 other countries.

Agents can receive shares of stock in eXp World Holdings (eXp Realty’s parent company) after reaching milestones.

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.

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.

Instead of brick-and-mortar offices, eXp Realty agents, brokers and staff work from home or anywhere they desire.

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.

There is continuous support with live, ongoing classes 50 hours a week for all agents covering tips on sales and listings, lead generation, social media, CRM tools and more.

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.

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

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.

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.