eXp Realty Launches REVenue Share 2.0 Agent Compensation Model

eXp Realty announced critical enhancements to its revenue share model in North America, designed to expand earning opportunities, increase transparency and simplify earning calculations.

"In 2009, the real estate industry shifted when eXp first created the Revenue Share business model," said Glenn Sanford, Founder, Chairman, and CEO of eXp World Holdings. "The earnings potential and collaboration between agents that Revenue Share created had never been experienced before and has since been copied. Now is the right time to continue that innovation with REVenue Share 2.0."

The changes introduced today fall into three areas:

1. Agents will have the ability to earn revenue share money faster with the ability to immediately unlock the first three tiers of the model, both eXpansion and eXponential shares, and those tiers will now stay unlocked regardless of how many personally sponsored agents join eXp. This will help agents earn more revenue share, faster. In addition, levels 4 – 6 will be fully opened up when five, 10, or 15 productive agents are sponsored into the company, respectively.

2. A New Fast Start Attraction bonus, starting in July, will be paid on agents when they join the company. The sponsoring agent can now earn up to $4,000 (in North America) or 5% of the GCI while capping, for an agent that they directly sponsor, for their first year at eXp.

3. The new Real-Time Revenue feature inside of My eXp will allow agents to instantly withdraw accumulated revenue share earnings for a nominal transaction fee for any transactions that have closed.

eXp Realty is committed to sharing 50 percent of the company dollar with the agents who help the company grow. In 2023, the company shared over $197 million in revenue share to agents for those efforts. REVenue Share 2.0 is designed to help agents make money faster, to earn it easier and to get paid on demand.

"As always, we are committed to being the most agent-centric real estate brokerage on the planet. We are laser-focused on helping our agents build for their futures, to be the primary beneficiaries of the success of the eXp model," said Sanford. "These enhancements that are part of REVenue Share 2.0 reflect our ongoing commitment to providing the best possible platform for real estate professionals to thrive. By listening to our agents and adapting our model, we are setting new standards for success."

"eXp is committed to relentless innovation and continual enhancement," said Leo Pareja, CEO of eXp Realty. "By actively incorporating feedback from our agents, we are constantly refining our strategies to lay a solid foundation for their long-term success, ensuring that we stay ahead in the industry."