Here are the fees to join Exp Realty explained. There is a one-time startup fee of $150 and then every month after that it’s $85/month. For every transaction, there is a $25 broker review fee and a $40 E&O insurance fee which caps at $500.
The agent-to-company split starting out is 80% to 20%. However, once the company gets paid out a total of $16,000 in commission split, then the agent has reaches what is known as “CAPPED”. Meaning that from that point on, for the rest of the year, the agent is going to receive 100% commission going forward. And for each transaction from this point on, there is a flat rate of $250 per transaction.
Lastly, there’s actually a way that you can get back that $16,000 paid out to Exp Realty. Check out the article “Icon Status” which explains the process!