Frequently Asked Questions

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Well, for every agent you personally recruit (your first line) you get up to $2800 annually if they cap. See the chart above to see what you can earn for 2nd -7th levels.

No, however, for every agent you personally recruit (your first line) you get up to $2800 annually if they cap. See the chart above to see what you can earn for 2nd -7th levels.

Everyone at eXp Realty has a split of 80/20 until the cap of $16,000 is met.    At eXp everyone is on an 80/20 commission split- Capped at $16,000 annually. Once you have paid $16,000 in company dollar, you will earn 100% commission until your anniversary date.The only exception to this is the reduced CAP option for qualified members of a team.The Cap (maximum Company Dollar Payable) is $16,000 per agent per anniversary year. This is paid in on an 80/20 split by the agent beginning with their initial transaction. This cap resets each anniversary year for the agent.

eXp agents cap when they pay $16k to the company. That equates to generating $80K in gross commission.

EXP is traded on Nasdaq as EXPI. Here is the link: https://www.marketwatch.com/investing/stock/expi 

The ticker symbol is EXPI.

When you start at eXp Realty you pay a $99 fee. This pays for cloud campus university and all the services in the cloud.

•  $50/ month for technology (covers things like your access to eXp World as well as your kv core site)
•  $35/ month for education (covers access to over 50 hours a week of live training and education in eXp World)

Altogether, the combined monthly fee is $85/month for an agent with eXp Realty. 

No, they don't, and of course there are no desk fees either.

The cloud campus, also known as "eXp World" is our virtual world where agents and staff meet on the web for training, collaboration, meetings, and support. You can join and tour our campus for free. Go here to download the app and get your avatar.

• eXp Realty offers a full array of training offered ever week. Currently over 50 hours a week.

All of our meetings are held in the eXp Cloud Campus or Zoom We have everything from a large auditorium to small intimate spaces to meet clients. 

Yes, eXpCon is our annual conference held in different cities. Past conferences were held in Phoenix, Las Vegas, Chicago, and San Antonio. We are excited to announce eXpCon 2020 and 2021 will be a VIRTUAL event in The eXp World downladable here! We also have annual ownership meetings for stockholders

eXp Realty offers a wide array of tools for agents including:

· A free Commission Inc website

· A free Kunversion IDX Website

· An free eXp Agent Attraction Website for recruiting

· A free Hello Fax Number

· Free eXp branded Google Apps for work , email, storage, Youtube, and Hangout

· eXp World cloud campus

· Regus Worldwide Membership

· Skyslope Transaction Management Platform

· Free Contact Management System KvCore

eXp Realty offers superior agent support. Each state or region has an "agent services" person and a transaction coordinator. You simply log in to eXp World and go to the department you are looking for and ask for help.

eXp Realty has a whole division that offers tech support. Need help with eXp email? Questions about Word press? Wondering how to use Google apps? We got you covered. Live tech support is located in the eXp Cloud Campus.

Easy, just scroll down or up on this page and click "join" fill out the simple application. Then the agent services department will start the quick onboarding process and send you the independent contractor agreement. If you have any other questions please do not hesitate to email us careers@TheAgentGroup.net

Technically, the biggest reason that eXp was chosen as the company name was that it was a name that was available in all 50 states and not already registered as a company name. It is also creatively used in many words we can play with in our marketing pieces; eXpertise, eXperience, eXponential growth etc.

In 2009, Genn Sanford founded the first cloud-based brokerage- eXp Realty. The majority of the growth has occurred in the past 2-3 years.

Absolutely.  One of the great things about eXp is the level of direct and instant support.  There are several ways to get in contact with your state broker. eXp Realty has at least a Managing Broker in each State and Province it operates in. As eXp Realty expands and adds additional agents, the Managing Broker will add additional Supervisory Brokers and administrative staff to support the agents in the state/province.

1. In eXp World, each state has a broker room where one or more of the state brokers is usually there as an avatar to field questions.  All you need to do is log in to eXp world and click on the "go to" menu in the top left hand corner of the screen and scroll down to "broker room" to then click on your state.  
2. Workplace by Facebook is also a great way to contact your broker.  There is a direct messaging function in the workplace application where you can instantly send your broker a question.  It has been my experience that most state brokers' response time is very quick on workplace.
3. Call, email, or text.  They will respond in a timely manner.

Yes, eXp Realty offers training for new and experienced agents. For new agents with less than 5 completed transactions who join the company, eXp Realty offers a comprehensive Expand Mentoring Program where the new agent will work closely with a hand selected Certified Mentor in their local marketplace. This Mentor will work with the new agent to complete at least 3 transactions as well as completing a robust mentoring curriculum with the new agent. In addition, eXp Realty offers many training classes designed to rapidly transform a newer agent into a productive agent.

1. New agents are paired with a mentor and also go through training within the eXpand mentor program at eXp.
2. There are over 50 hours of ongoing training each week in eXp world.

The eXp Realty ICON Agent Award is aimed at attracting and incentivizing top agents into eXp Realty. The award provides each qualified ?ICON? with up to sixteen thousand dollars ($16,000) in publicly traded eXp World Holdings common stock upon the achievement of certain production and attendance goals within an agent?s anniversary year. The Company?s cap is presently set at $16,000. ICONs effectively earn up to their entire cap amount back in the form of public company investment.

Cultural goal: Demonstrates company culture through giving back by: Teaching a class, serving on a panel or serving on a committee; and

• · Cultural goal: Demonstrates a willingness to promote eXp Realty within their community.
• · Production requirement: $16,000 paid in company cap plus capped status transactions in the same anniversary year resulting in capped status transaction fees of not less than $5,000, OR
• · Production requirement: Annual gross commission income of $500,000 or more with a minimum of 10 closed transactions and payment of an ?ICON Qualifying Fee? equal to $5,000 less capped transaction fees paid during the same anniversary year.
• $12,000 in publicly traded eXp World Holdings common stock is awarded and vests after three years, and an additional $2,000 will be issued after verified attendance at each company event (The eXp Shareholder Summit and EXPCON) with no vesting period, for a possible total of $4,000.

ICON Program Details:
 

https://join.exprealty.com/icon-agent-award/

KV Core, formally Kunversion.  It normally would cost an agent $1,000 to get and around $400.00 a month.  At eXp it is included with our monthly tech fee of only $50.00.  It is a your website, CRM, IDX platform all in one.
 

Here is a helpful link for several quick 2-5 min videos that explain what the kv core platform is capable of.  Click on the link below and then click on the first video.  From there, you should also see an additional series of videos that you can watch, separated by category.  https://insiderealestate.com/kv-core-quick-demo/

NO.  eXp is one corporation, not a franchise.  eXp Realty is a single national brokerage company that operates in all 50 States and key provinces in Canada, Mexico, Australia, Great Britan, South Africa, France, Portugul, India with more countries to come.