What is that? And why should you care? At Exp Realty agents start off with the 80/20% commission split. Which agents can actually cap at $16,000 paid to the company. From that point on, the agent earns 100% of their commission moving forward. And Exp Realty charges a $250 per transaction fee from that point on.
Now what’s really cool is that Exp Realty offers agents a way to earn back their initial 20% split that they paid out. By achieving Exp Realty’s Icon Status Award, agents get rewarded the $16,000 paid out back in the form of Exp Realty stock.
To achieve Icon Status, first, you have to cap out the $16,000 commission split paid to Exp Realty, and then also cap out on the transaction fees at $5,000. In addition, you need to attend a few of the required Exp Realty company events such as Exp Con or the Shareholder Summit. Then you earn the Icon Status Award and your $16,000 back. So you can potentially do this every year!