eXp Realty Continues To Strengthen Its Agent-centric Focus With REVenue Share 2.0

May 2, 2024 @eXp Life

Heads up, eXp Realty agents and non-eXp agents contemplating joining the brokerage: In the coming weeks, eXp Realty’s popular revenue share program will become even more attractive. As part of eXp’s commitment to innovation and its agent-centric value proposition, eXp has announced significant enhancements to its revenue share program, which will be implemented on May 9.

These updates will simplify calculations, increase transparency, and maximize potential earnings for agents, reinforcing eXp’s position as a premier destination for advancing real estate careers.

> Read why revenue sharing is better than profit sharing

Responding to agent feedback, several key changes have been announced:

1. The introduction of the Revenue Share Pool will make the calculation of revenue share more transparent, simple and easy to understand.

2. Reducing Front Line Qualifying Agent (FLQA) requirements across levels 2-6 will broaden eligibility for revenue share and promote inclusivity.

3. Beginning July 1, a new Fast Start Attraction Bonus for sponsors will be rolled out, offering a 50% revenue share pool payout for an agent’s inaugural year, recognizing their contribution to community expansion.

4. Introduction of a new “Pay Now” feature, facilitating instant cashouts of revenue share earnings for a nominal $1 intro transaction fee, providing agents with increased financial flexibility.

These updates directly address agent feedback, underscoring eXp Realty’s commitment to agent success.