What you keep, and what it costs
No franchise fee and no desk fee. Here's the core of eXp's agent plan, straight from eXp's own published numbers.
You keep 80% of every commission until you've paid the company its cap for your anniversary year.
Once you've paid $16,000 in company split, you keep 100% of your commission for the rest of your anniversary year.
Flat monthly brokerage fee, plus a one-time $149 start-up fee when you join.
$25 broker review and $60 risk management on each closed deal.
Three things that set eXp apart
Plenty of brokerages offer a good split. These are the parts of eXp's model you won't find at most of them.
Revenue Share
eXp shares 50% of its company dollar with the agents who help it grow. When an agent you sponsored closes a deal, you can earn a share of the company's portion, which never comes out of their commission.
The first three tiers unlock right away. Deeper tiers open as you sponsor more productive agents.
It's optional and not guaranteed. eXp's own disclosure shows most agents earn little or nothing from it, so think of it as upside, not a paycheck.
Ownership
eXp awards company stock for milestones like your first transaction and hitting your cap, on a three-year vesting schedule. Agents who reach ICON status for production and culture can earn up to $16,000 back in stock.
In June 2026, eXp's parent company became AGNT, Inc., which trades on Nasdaq as AGNT. eXp Realty keeps its name.
Cloud-Based
No paying for a physical office you rarely use. Training, support, and collaboration happen online, so you can work from anywhere in the state.
You still get local community. I'm part of Adam Taylor & Team, and we meet in person at the Taylor Barn in Simpsonville.
Resources
Dig in on your own time. When you're ready to talk it through, I'm glad to.
eXp Explained
A walkthrough of the eXp model: the split and cap, revenue share, stock awards, and what makes the brokerage different.
Open the Deck ↗eXp Income Disclosure
eXp's own published fees, plus what agents at every level actually earn, including revenue share. Worth reading before you decide.
Read the Disclosure ↗eXp Revenue Share Calculator
See how the tiers work by running your own hypothetical numbers through eXp's official calculator.
Results are hypothetical, not typical, and not guaranteed. Most participants earn supplemental or no income. For typical earnings, see exprealty.com/income.
Open the Calculator ↗Revenue Share, Walked Through
Tiers, qualifications, and how sponsorship actually works. It's easier to explain in a conversation than on a page.
Ask Me for a WalkthroughLet's talk before you make the move
Your sponsor is named on your eXp application, so reach out before you sign on. We'll make sure you're set up right from day one.
- Honest answers about the model, including the parts that aren't for everyone
- A walkthrough of the split, cap, fees, and revenue share with your own numbers
- Help getting started with eXp's onboarding and training
The questions agents actually ask
Is eXp an MLM?
No one pays to join a "downline," and you're never required to recruit. Revenue share is an optional incentive paid out of the company's portion of each commission, not from other agents' splits. That said, it does reward sponsoring, and it's a fair question to ask of any brokerage. I'm happy to walk through exactly how it works.
Do I have to recruit other agents?
No. Plenty of eXp agents never sponsor anyone and simply use the split, cap, and tools. Revenue share is there if you want it.
What does it cost to get started?
A one-time $149 start-up fee, then $85 a month, plus $25 broker review and $60 risk management on each closed transaction. Your usual MLS and REALTOR® association dues are separate, just like at any brokerage.
What happens to my current listings and pipeline?
That depends on your agreement with your current brokerage. Listings usually belong to the brokerage, so most agents time a move around their pipeline. It's worth reviewing your agreement first, and we can talk through timing.
Is there a local office?
eXp is a cloud brokerage, so there's no traditional office. Locally, I'm part of Adam Taylor & Team, which meets in person at the Taylor Barn in Simpsonville.
I'm not licensed yet. Is this for me?
It can be. Reach out and I'll share what I learned getting started in South Carolina, and how eXp's Mentor Program supports brand-new agents through their first three deals.
Plan details are from eXp Realty's published Income Disclosure and announcements as of September 2026, and they can change. Earnings are performance-based and not guaranteed; most revenue share participants earn supplemental or no income. Confirm current terms directly with eXp Realty before joining. David Cole is a REALTOR® with eXp Realty, licensed in South Carolina.