Overview
Why eXp Realty
The facts below come from eXp's public "eXp Explained USA 2026" deck. Read the source yourself.
Scale
- #1 brokerage in the US by closed transaction sides, per the RealTrends 2025 rankings.
Cloud-based brokerage
- No desk fees or office leases.
- eXp World, a virtual campus where agents meet, train and get support.
Training
- eXp University
- FastCAP (for new agents)
- Mentor program
- Elevate Coaching
- Team Leader Academy
Tools
- CRM of your choice
- SkySlope transaction management
- Revenos referral engine
- Global referral network
- Expert Care support desk
Cost structure
What eXp charges
Per eXp's published materials. Confirm current figures with eXp before you decide.
- Commission split
- 80/20
- Annual cap
- $16,000
- Startup fee
- $149
- Cloud brokerage fee
- $85 / month
- Transaction review fee
- $25 per transaction
- Risk management fee
- $60 per transaction, capped at $750
Per eXp's published materials, confirm current figures with eXp.
Stock award programs
eXp offers stock-based programs. The agent equity program lets agents receive part of their commission in company stock. The ICON award grants stock to agents who meet production and cultural criteria in a given year. Terms are set by eXp and can change.
Revenue share
Revenue share is one of the ways eXp agents can earn. It is tied to agents you sponsor into eXp and how the company's program is structured. It is not guaranteed. Ask me to walk you through how it works, and read eXp's own explanation in the deck.
Honest check
Is eXp right for you?
- You're an independent contractor. eXp agents run their own business. Nobody hands you a salary.
- The model is fully virtual. If you need a physical office to stay focused, think about how you'll replace that.
- Results depend on your work. Tools and training help. They don't do the prospecting for you.