EXP REALTY COMMISSION SPLITS & FEES

Overview

Please Note: This is not an official eXp Realty communication and the information is subject to change. eXp stock award amounts may change annually and the stock prices fluctuate regularly. The qualifications for the ICON Agent award also may change from year to year, so before joining our brokerage, please request a copy of the latest eXp Realty commission splits, fees, offerings, and awards. 

Commission Splits

There is an 80/20 commission split until you reach your $16,000 annual cap. For those of you that aren’t familiar with a commission cap, that just means 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 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!