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All Things MONEY at eXp Realty
Minimum Company Dollar:
Applies to LISTINGS only
$500 + $40 Risk Management + $25 Broker Review (if capped $250, if ICON $75)
Low sale price (under $83,333): 20% of 3% of purchase price
Rule of thumb: minimum listing commission $2,500 covers the $500 at 20% split and you still get a little payday.
Every transaction is subject to:
$25 Broker Review Fee
$40 Risk Management Fee (E&O) - $500 annual cap
EITHER an 80/20 company commission split, OR a $250 transaction fee if capped, OR a $75 transaction fee if ICON.
5% of net commission IF participating in the Agent Equity Program
Personal Transactions:
● Personal Transactions will carry a $250 per transaction closing transaction fee plus broker review and risk management fees.
● Personal Transactions do not pay out upline revenue share.
● Contractor may exempt three personal Transactions per anniversary year.
● Contractor must be in good standing with the company (current on invoices).
● Contractors, Contractor’s business or Contractor’s spouse must be on the title.
● Exempt from Mentor fees (Does not count towards the 3 transaction requirement)
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