How eXp agents become owners.
Most brokerages take your split and that's it. eXp is a public company (EXPI), and it gives agents three ways to earn or buy its stock. Two are awards you earn by doing your job well. The third lets you buy stock at a discount.
Milestone stock awards
eXp gives you stock automatically when you hit certain milestones. You don't buy anything. It's a thank-you for producing and for helping the company grow.
The three milestones
- Close your first transactionStock award
- Fully cap ($16,000 paid)Stock award
- An agent you brought to eXp closes their first dealStock award
How much?
When the plan launched in 2018, the awards were worth $200 for your first transaction, $400 for capping, and $400 for each agent you attract once they close. Since then, eXp has lowered the number of shares awarded each time the company reaches a new agent-count milestone. Today's amounts may be different.
The catch
The stock vests over three years. You need to stay with eXp in good standing for three years from the award date to keep it.
Why it matters: every year you cap, you earn stock, and so does every agent you help start. Over several years, that can add up to a real stake in the company.
ICON Agent Award
Hit ICON status and eXp gives you back up to $16,000 in EXPI stock. That's your whole cap. In effect, your brokerage costs for the year come back to you as stock.
Two ways to qualify (pick one)
You also need to meet eXp's cultural requirements.
How the $16,000 is paid
- Base award, vests after three years$8,000
- Meeting the cultural commitment during your ICON year$4,000
- Attending the Shareholder Summit$2,000
- Attending EXPCON$2,000
- Total$16,000 in stock
Where we come in: 5 free leads a day in your desired zip codes helps you cap sooner, which leaves more of the year to chase those 20 extra deals.
Agent Equity Program
This one's optional. You choose to have eXp set aside 5% of each commission, and that money buys EXPI stock for you at a discount to the market price.
Example
On a $10,000 commission check, at a 10% discount:
- Set aside for stock (5%)$500
- Stock you get (at market value)about $555
- Built-in gain from the discountabout $55
The discount means every share starts worth more than you paid. You can turn the program on or off.