STEP 3: eXp Welcome Guide

Get ready to become an eXpert!

The following is a guild to all things eXp!

Welcome to eXp Realty

“When we set out to transform the real estate experience, I personally thought about what would it take for me, having been a real estate agent, to want to be at eXp Realty over the long haul. It needed to be the place that I would be working at if it existed, which to a large extent had to do with how we thought about compensation and equity opportunities.

We also knew that we had to create a great environment to work. A place that empowers agents to manage their own businesses while receiving top-notch technology and training, and quick support. A place where entrepreneurial agents can voice their opinions and be heard. And a place where agents can plan for their family’s future. eXp Realty’s model and cloud office environment accomplish these things and we are excited and optimistic about the future.

This agent welcome handbook provides important information to help make sure that your experience at eXp Realty runs smoothly. Beyond our policies, it also provides a guide to the eXp Realty way of life, where you play an active and important role. We live by our vision and core values, which you’ll read about here and, hopefully, see in each other every day. As eXp Realty continues to grow, we hope that these core values will foster our unique culture for each new agent joining our family.

This is our world, let’s all make it the best world it can be.”

Glenn Sanford
CEO, Chairman and Founder, eXp World Holdings

Mission and Core Values

Welcome to the eXp Realty family! We’re excited about the opportunity to be in business with you and look forward to succeeding together. Now it is time to eXplore your new world!

eXp Realty is a global community designed and powered by our agents and partners, transforming the real estate experience. At the heart of eXp Realty lies our core values. Created together with agents and staff, our nine core values are beliefs that support our vision and shape our culture — both professionally and personally. We use these core values every day to stay aligned.

Become an eXpert

We know you’re excited to get started, so here is a checklist of the top seven things to do right now:

1. Install and Get to Know eXp World

A unique and amazing part of eXp Realty are the agents, brokers and staff available “in-world.” Attend live classes, network with other agents and access support from any location.

If you’re always on the go, make sure you download the mobile app for iOS or Android, and check out this helpful Guide to eXp World Mobile.

If you do these three things you will be an eXp World pro:

  1. Install eXp World on your computer and get eXp World mobile apps for iOS and Android
  2. Sign up for live eXp World training
  3. Attend one of the daily guided eXp World tours. Email expdocent@exprealty.net to schedule your tour!

2. Attend Orientation

Live, interactive training will guide you through getting started with eXp Realty. Orientation training sessions are Tuesdays at 9AM PST / Noon EST in the eXp World Auditorium.

 

3. Read the eXp Realty Policies and Procedures

Take a look here for all the most importan information.

eXp Realty Technology Solutions

Known throughout the industry as one of the most innovative brokerages, eXp Realty agents have access to some of the most powerful technologies in real estate — all included in the technology fee. This includes top-tier, lead-generation software, transaction technology, content marketing tools, a private social community for collaboration as well as optional advertising support.

You also have the real estate office of the future at your fingertips. Our cloud campus environment is designed to increase your productivity and promote your bottom line.

Get to know our top technology tools that will help you successfully navigate eXp Realty and manage your business.

eXp World
eXp Enterprise
Transaction Management
eXp Passport
Lead Generation and Marketing
Workplace by Facebook
Optional Tools and Services (free or discounted)

 

Lead Generation and Marketing

eXp Realty provides agents with kvCORE, a powerful platform that offers end-to-end, lead-to-contract management, including web and IDX, listing promotion, transaction integration and more. All eXp Realty agents receive the full agent version of kvCORE at no additional cost. For information on kvCORE for teams, visit the marketplace tab on your kvCORE dashboard.

Get started with kvCORE:

  1. Go to the “Optional Services” tab on your eXp Enterprise dashboard and opt in.  
  2. Watch kvCORE 101 Video
  3. To stay up to date, join the kvCORE/ Kunversion Discussion group on Workplace.

Get help with kvCORE:

Workplace by Facebook

Workplace is an easy-to-use collaboration platform, a lot like Facebook, but built for the world of work. This private social community is where we share best practices, keep up on company news and events, share referrals and more.

eXplore Our Community

At eXp Realty, our fantastic team of brokers and staff are here to help you build and grow your business as well as ensure the sustainability of the company … and make sure you have some fun!

The quickest and best way to reach most groups is in eXp World. We understand that sometimes you just need to send an email. Here’s how to get in touch with each department.

Accounting and Finance
Preferred Partners
Agent eXperience
Agent Transitions
Agent Success Obsessed
Brokerage Operations
Growth and Productivity
Marketing and Communications
ONE eXp
Team Services
Technology and Technical Support
Payment Processing
Net Promoter Score
Applying for eXp Positions
Executive Leadership Team
Agent Advisory Council
eXp World Holdings Board of Directors

Accounting and Finance

Responsible for processing payments to agents and vendors, billings and collections, cash management, administering equity-related programs, W-9, direct deposits, capping status and public company compliance related to filings and tax reporting.

    • eXp World: Visit the Accounting office, Monday through Friday:

       

      • Pacific: 5 a.m. – 5 p.m.
      • Eastern:  8 a.m. – 8 p.m.

Preferred Partners

We are excited to provide affiliated services to our agents and their clients. With consumer value and satisfaction as guiding principles, eXp Realty is engaging the best product providers in real estate as preferred partners.

How can I access the eXp Realty Preferred Partners:

  • All partners have a staffed office in the Partner Hub where agents can visit for assistance Monday-Friday during normal business hours, self-help is available 24/7. Weekly training is available in the Partner Theater and Partner Training rooms.  eXp World: From the Go To menu, select Preferred Partners
  • Partners have Workplace groups to help you get started and stay updated, join the groups and review the pinned posts 
  • Visit our website 

For more information click here.

Agent eXperience

Agent experience is dedicated to providing world class support and service while ensuring that our agents are aware of, and have access to, the best education and training in the industry. Our programs include: eXp Connect, eXpand Mentor Program, eXp Realty Luxury Collection, Icon Award Program and eXp University with educational classes and the On-Demand Library to serve our agents 24/7!
 

    • eXp World: Visit the Agent eXperience office, Monday through Friday:
    • Pacific: 7 a.m. – 4 p.m.

    • Eastern: 10 a.m. – 7 p.m.
  • Schedule a FABULOUS tour of eXp World: expdocent@exprealty.net
  • eXpand Mentoring Program: expand@exprealty.com

  • eXp World: Visit the Canadian Operations office, Monday through Friday:
    • Pacific: 6 a.m. – 5 p.m.
    • Eastern: 9 a.m. – 8 p.m.
  • Email: cdnagentexperience@exprealty.net

Agent Transitions

Assists all prospective agents and new eXp Realty agents through the processes of joining and onboarding. They provide initial paperwork and facilitate the steps necessary from the joining application to becoming an active eXp Realty agent. If you’re onboarding as an existing team please read our Team Services section.

  • eXp World (Canada): Visit the Canadian Operations office, Monday through Friday:
      • Pacific: 6 a.m. – 5 p.m.
      • Eastern: 9 a.m. – 8 p.m.

Agent Success Obsessed

eXp Realty is excited to launch the Agent Success Obsessed program which will allow us to highlight the best interactions and demonstrations of staff going above and beyond to help you!

The goal is to bring exceptional experiences with our staff to the forefront. When you have an exceptional experience, share with us that we got it right!

Each month, you will be invited to submit staff members through a nomination process. A staff member will then be selected as our winner, for being an example to us all of being agent success obsessed.

We are so excited that as of today, this new recognition program is live. Look for information to come out in the next few days on how you can start nominating your agent success obsessed staff member on Workplace.

Help us recognize those staff members who are agent success obsessed!

Program Overview

Brokerage Operations

Responsible for eXp Realty’s U.S. brokerage operations, including compliance with state license law, REALTOR® association membership, MLS participation and risk management.

  • eXp World: Visit the Brokerage Operations office 1
  • Monday through Friday hours:
      • Pacific: 7 a.m. – 9 p.m. and 11 a.m. – 2 p.m.
      • Eastern: 10 a.m. – noon and 2 p.m. – 5 p.m.

Find Your State or Provincial Broker Team

Responsible for eXp Realty’s Canadian brokerage operations, including compliance with provincial license law, REALTOR® association membership, MLS participation and risk management.

  • eXp World: Visit the Canadian Operations office, Monday through Friday:
      • Pacific: 6 a.m. – 5 p.m.
      • Eastern: 9 a.m. – 8 p.m.

Growth and Productivity

Assists eXp Realty agents and staff with agent attraction by developing resources and policies, and having conversations with prospective agents to help the company grow.

Marketing and Communications

Responsible for strategy and messaging to drive company objectives, marketing approvals, public relations, online and offline marketing materials and internal communications. The following email addresses are where agents can go to get answers to all areas of marketing.

ONE eXp: eXp Realty’s Diversity & Inclusion Initiative

eXp Realty is proud to announce its commitment to diversity and inclusion, through its initiative, ONE eXp. This commitment supports eXp’s culture by embracing differences, promoting equality and mutual respect, and providing a space where everyone has a voice and the opportunity to succeed.

ONE eXp is committed to diversity and inclusion through:

  • Education: Host ONE eXp meetings to educate and increase awareness in this new diversity and
    inclusion initiative.
  • Coverage: Ensure diversity and inclusion is represented in marketing materials, press coverage and events.

Our mission is to build eXp Realty into the most diverse and inclusive real estate brokerage in the world where all views are respected and encouraged.

Where Diverse Perspectives Feel at Home
At eXp Realty, we’re proud to have a number of active diversity groups that enhance our company’s culture and community.

One eXp Diversity Flyer

eXp Realty’s Diversity & Inclusion Initiative Flyer

Payment Processing

Assists with transaction files to make sure they are compliant with state or provincial regulations and agents receive their commission payments timely and accurately. They are here to make sure you get paid on time, every time!

Net Promoter Score

At eXp, we are constantly looking for ways to make our agents more successful and improve their experience. One way we do this is with Net Promoter Score (NPS) Surveys. These are quick surveys that ask agents how likely they are to recommend us to a friend or colleague on a scale from 0 to 10, and why they gave us this score. The scores are used to calculate our NPS Score and shows how we are doing overall with agent satisfaction. The feedback gives us valuable insight into what we are doing well, and what we can improve.

Click below to read more about NPS and to join the ongoing discussion group on Workplace.

For additional questions, email our Net Promoter System Analyst at rebecca.eytcheson@exprealty.net.

Applying for eXp Staff Positions

As we continue to grow, we have a consistent need to hire eXceptional staff. Use this link to view open staff positions and submit your application.

Team Services

Provides dedicated service and support for existing and incoming teams of all sizes, including devoted onboarding and transaction staff as well as assistance with adding or removing team members. Any team-related support needs should be sent to:

Technology and Technical Support

Responsible for identifying and delivering world-class technology that supports our needs while maintaining the systems and technologies that run the business.


 

In addition to the brokers and staff available to help you at every turn, there are a few other groups who devote their time and skills to help us build community, be transparent and collaborate. Most importantly, they work hard to ensure your experience at eXp Realty meets — and hopefully exceeds — your expectations.

Executive Leadership Team

Generally, eXp Realty is a self-managed company. We strive to empower people to make meaningful decisions in pursuit of our vision and to support our core values. In order to do this, we have a leadership team to run the day-to-day operations of the company and create structure and processes to help fulfill this intention.

http://expworldholdings.com/leadership/

Agent Advisory Council

The eXp Agent Advisory Council ensures the voice of the agent is heard at the highest levels of the company. It benefits our shareholders while providing new ways for our senior leadership to obtain additional insight as our company grows. The AAC is made up of 12 nominated and selected eXp agents and brokers; two members serve on the board of directors.

http://expworldholdings.com/agent-advisory-council/

eXp World Holdings Board of Directors

As a public company, we are required to have a board of directors, elected to represent shareholders. They establish policies for corporate management and oversight, and make decisions on major company issues. The board is comprised of real estate agents and leaders in finance and business, including members who have taken companies public; a former President of Global Services at AT&T; a three-time CEO and two-time COO at various finance and software companies such as Cantor Fitzgerald & Co; and a former four-time, top team leader for Keller Williams.

http://expworldholdings.com/board-of-directors/

Marketing and Branding

At eXp Realty, our agents determine the look and feel of their own brand. This means you can keep the same logo and branding you’ve established over the years, or develop a new look using customizable templates. Our goal is to make marketing your personal brand as easy as possible by offering easy-to customize marketing materials and resources.

The eXp Marketing Center is eXp Realty’s go-to source for marketing materials. With a few quick clicks of a mouse, agents can personalize hundreds of templates. From open house resources to social media images, we’ve got you covered. No design skills necessary!

Prefer a custom design? No problem. We allow our agents to use their own custom marketing materials if they choose. Once you’ve personalized an item, you can choose to download the file, share it to social media, have it professionally printed, or create a mailing project – all from the eXp Marketing Center.

Two Rules for Successful Marketing with eXp Realty

    1. Follow the eXp Brand Resource Guide.
    2. Submit all marketing materials to your State or Provincial Broker Team for approval prior to use.

eXp Realty Logos to Download

Use the link below to download eXp Realty logos for various uses. The link includes a full color, all black and all white logo version.

eXp Brand Resource Guide

Signs

BuildASign.com is an eXp Preferred Partner:

eXp Realty sign templates can be found here.

As with other marketing materials, please send your sign proofs to marketing@exprealty.net for approval before printing.

Public Relations

Another great way to market your own brand is public relations. To support your efforts, we developed best practices for working with the media as an eXp Realty agent. Learn how to handle media requests, press release tips and guidelines, and find approved eXp Realty press release templates.

Any press release that mentions eXp Realty must get approval from eXp Realty marketing in advance. Please send questions and/or your press release to pressreleases@exprealty.net for approval.

eXp Realty Live Events

We love getting to know everyone in eXp World, but sometimes you’re just ready for the real thing. eXp Realty has two company-wide events every year, that all agents are encouraged to attend.

EXPCON: This is our premier event of the year. Connect with an amazing community of eXp Realty industry leaders and like-minded professionals. Learn from top producers and team leaders. Grow your real estate business and engage in valuable networking and relationship building with other eXp Realty agents, brokers and leadership. All eXp Realty agents and brokers should attend.

Chat with speakers and eXp Realty leadership. Meet and share with eXp Realty agents and staff members. EXPCON is also where leadership connects with you – in-person and in-depth – to better understand your needs and how we can best meet them.

The eXp Shareholder Summit: This is our annual business-focused event for current and potential shareholders. Our guests get valuable updates on the business of eXp World Holdings and, of course, eXp Realty. In addition, useful content is provided to help a primarily agent-focused audience run a sustainable and productive business. A special free session for shareholders and guests is part of this event.

eXp University

From mentors to new agents to agents who just want to absorb all the knowledge they can, eXp University is for everyone … and from wherever an agent or team is located. Ready to learn? Here are three ways to get started today!

eXp World Training and Events

There are more than 50 hours of live training each week in eXp World on eXp Realty tools and real estate business best practices. Click here to view the eXp Realty Events Calendar. We are always adding new classes and events based on your needs and experience level, and there a few trainings and events that ALL Agents should attend :

  • Agent Orientation
  • Fast Start 101 – Navigating the eXp Roadmap
  • Introduction to eXp Realty
  • Skyslope Basic Training
  • Accounting 101
  • eXp Marketing Center Training
  • eXp Agent Leadership Meeting

eXp University Fast Start Series

We also offer the Fast Start Series designed specifically for new agents. The Fast Start Series empowers our new agents to master the fundamentals quickly to help them launch their business within their first two weeks at eXp. The Series is comprised of 14 courses over two weeks.

We encourage new agents to follow this Fast Start Series checklist, while experienced agents are welcome to take the courses a la carte and on their own timeline.

eXp University On-Demand Library

The eXp University On-Demand Library is HERE! Now you can access our fantastic library of training courses 24 hours a day, 7 days a week! New classes are being recorded daily!

Mentor Program

The Mentor Program provides newly licensed agents a learning platform where they will gain the fundamental knowledge required to start and build a successful real estate career. Each mentee is paired with a certified eXp Realty mentor who is a member of the same MLS and local geographic area. 

Mentors play a vital role by providing guidance in a practical, hands-on manner to lead mentees in the early stages of their career. In keeping with our core values, mentors also contribute to the sustainability of the company by helping newly licensed agents become successful and productive. Are you a rockstar agent? Apply to be an eXp Realty mentor today!

Agent Attraction

Part of what makes eXp Realty unique is that our agents can receive revenue share from the people they sponsor into the company. Sustainability is one of the fundamental and core values of eXp Realty and it is the collective intent of the agents and brokers of eXp Realty to attract credible, ethical and productive real estate professionals who are aligned with eXp Realty’s culture and core values. If agent attraction is of interest to you, we arm you with all the right tools to attract with integrity.

Agent Attraction Pledge

The Agent Attraction Pledge, and its companion document, the Agent Attraction Success Strategy have been created through a partnership with the eXp Realty Agent Advisory Council, eXp executive management, and input from many other Agents and brokers. These documents provide the standards of acceptable business behavior related to activities of Agent attraction with eXp Realty.

The Agent Attraction Pledge and the  Agent Attraction Success Strategy are incorporated into the Independent Contractor Agreement (ICA) and eXp Realty’s Policies and Procedures. It is the responsibility of each Agent to read, understand, adhere to, and ensure that he/she is aware of and operating under the most current version of the ICA, the Policies and Procedures, and agent attraction guidelines included in the documents below.

Agent Attraction Marketing Resources

It is important to convey a consistent and accurate message when defining and discussing eXp Realty with potential agents. The “Introduction to eXp Realty” presentation aims to do just that. Here you can listen to a tutorial for how to best use the presentation and presentation downloads.

Letter Of Intent

If you are considering eXp Realty as your new home but have a brokerage to wind down or a team to bring over, you will need to complete the Letter of Intent form. Please read the Policies and Procedures carefully before completing and do not hesitate to ask questions at loi@exprealty.com.

Cap Deferment Policy

Cap Deferment is designed for agents who have capped at their current brokerage and desire to have that cap anniversary date honored at eXp Realty.

U.S. Slide Deck Presentations

English:
Online Google presentation (blue)
Offline PowerPoint presentation (blue)

Online Google presentation (white)
Offline PowerPoint presentation (white)

Spanish:
Online presentation
Offline PowerPoint presentation

U.S. Prezi Presentation

A Prezi version of the U.S. Introduction to eXp Realty presentation is available. This Prezi presentation is created for online presentations and is an alternative to the standard Google and PowerPoint presentations, which are also still available. Use the steps below to view and present the Prezi presentation.

Please note:

  • An Internet connection is required
  • This is a visual presentation only with no audio except for embedded video
  • We recommend to click through and practice this presentation before presenting to an audience

Using the Prezi presentation:

  • Click and open the presentation (bookmark this site)
  • Click the Present button
  • Allow up to a minute for the presentation to load
  • Use the arrows at the bottom of the window to navigate through the presentation

Canada Slide Deck Presentation

English:
Online presentation (blue)
Offline PowerPoint presentation (blue)

Online presentation (white)
Offline PowerPoint presentation (white)

eXp Marketing Center

We also provide a variety of free, customizable agent attraction handouts in the eXp Marketing Center. Just visit expmarketingcenter.com and click on eXp Created Materials.

Every eXp Realty agent has a personalized agent attraction website. Share this with agents considering joining eXp Realty to explain our value proposition and opportunity. Personalized sites typically are http://agentname.exprealty.careers.

Attraction Services and Training

Attraction Services in eXp World

The Attraction Services room in eXp World is now available in eXp World to help with questions about attraction compliance, where to find attraction marketing resources, and more.

Attend the Weekly Build Your Revenue Share Class

Bring your questions, challenges and successes as we dive into all things revenue share and agent attraction. Join Sam Rodriguez as he discusses best practices, scripts, objection handlers and company policies. Wednesdays at 9 a.m PST / Noon EST.

eXp Realty Independent Contractors Agreement (ICA)

Agents can download a copy of their Independent Contractor Agreement (ICA) directly from their eXp Enterprise profile.

When logged into eXp Enterprise:

  • Click Profile from the left sidebar menu
  • Click Manage Profile
  • Click Documents tab
  • Select ICA from the Document Type grid
  • Click Download

Business Model and Earning Opportunities

U.S. Domestic Teams

eXp Realty provide legally married couples in the U.S. the option of a Domestic Team structure. It includes:
    • ICON eligibility with one award to the team
    • One capped transaction fee of $5,000
    • One Risk Management fee of $40 per transaction, capped at $500 per year
    • One shared commission cap of $16,000
  • One join fee of $149

Self-Organized, Standard and Mega Icon Teams

These teams are defined as:

  • One lead agent or team leader
  • One or more licensed agent working as a team member with a team agreement

Team agreements are mutually agreed upon terms between the team leader and team members. These agreements are in writing and carefully considered to ensure compliance with all federal, state and local laws as well as company policy. eXp Realty will not intervene in any disputes between team members and team leaders.

For more information about any of these teams:

Equity Opportunities

We’ve redesigned the traditional brokerage to create a company where agents can become shareholders at eXp Realty. We offer every agent the unique opportunity to become a shareholder in their own company, and celebrate the company’s financial success. All agents can earn equity awards for various achievements such as closing their first transaction or enrolling to be paid a small percentage of their earned commissions in stock at a discounted rate.

Agent Growth Incentive Program

  • Earn shares on your first transaction
  • Earn shares when you fully cap
  • Earn shares when an agent you sponsor closes their first transaction

Learn About the Agent Growth Incentive Program

ICON Agent Award

  • Up to $16,000 in stock upon the achievement of certain production and cultural goals within your anniversary year
  • For additional questions email iconaward@exprealty.com

Learn more about the requirements to become an ICON agent 

Agent Equity Program

  • Enroll to be paid 5% of every transaction commission with stock issued at a 10% discount.
  • To opt in/out of the program, visit the online form.

Learn more about the Agent Equity Program

 

Shareworks for eXp Agents

eXp World Holdings, Inc. has partnered with Shareworks by Morgan Stanley for the management and administration of its stock plans. Shareworks is available for all agents with outstanding awards. All agents will gain access with their first stock award or Agent Equity Plan purchase.

Learn more about Shareworks

Revenue Share Plan

eXp Realty agents can receive revenue share income from the sales activity of the productive agents they sponsor into the company.

Agents earn based on adjusted gross commission income (AGCI) from the sales transactions closed by a personally sponsored capping agent and productive agents in their overall group.

AGCI is dynamically calculated each month so eXp Realty pays out and retains 50% of company dollar.

To learn more about the revenue share plan, review Addendum B: eXp Revenue Share Plan in your ICA, visit the Accounting office in eXp World or email accounting@exprealty.net.

Affiliated Services

eXp Realty offers a variety of programs such as eXp Agent Healthcare and eXp Preferred Partners to support our agents’ well-being and to give home buyers and sellers a smoother transaction experience. All partners are vetted by eXp Realty to ensure they offer the best industry-leading services.

What is eXp Agent Healthcare?

eXp Realty partners with Clearwater Benefits to provide U.S. eXp Realty agents with innovative and low-cost choices for their health care. The program is named eXp Agent Healthcare. To learn more, please visit www.eXpAgentHealthcare.com.

What is the eXp Preferred Partner Program?

The Preferred Partner program is eXp Realty’s marketplace for home-buying and selling services. With consumer value and satisfaction as our guiding principles, we’ve developed partnerships that offer innovative business models, cutting-edge technology and great value to eXp agents. Our Preferred Partner program also gives eXp agents multiple ways to earn dividends and/or revenue share opportunities. To learn more, please visit exppreferredpartners.com

Who are the eXp Realty Preferred Partners?

  • Express Offers is the eXp Realty-owned home-buying and selling platform for U.S. eXp Realty agents and their clients. 
  • IntroLend First Cloud is the eXp Realty-owned national mortgage platform. It provides U.S. agents and home buyers with all their lending needs as well as seamlessly integrate with eXp Realty’s existing technology to improve the consumer experience and better manage transactions.
  • Silverline Title offers title, escrow and settlement services to eXp Realty residential clients in the United States.
  • America’s Preferred Home Warranty is eXp Realty’s preferred home warranty partner. It will allow eXp Realty’s U.S. home buyers and sellers to choose their own licensed contractors when repairing or replacing home systems and appliances.
  • Utility Connect allows eXp Realty buyers and sellers to manage, move, switch and compare utility and home service providers at no cost.
  • Currencies Direct is a simple solution for foreign homebuyers to exchange currency hassle-free and at a great exchange rate in order to complete their purchase of property in the United States.
  • eXp 360 Tours offers 360-degree home tours with video chat integration, enabling eXp Realty agents to create tours and floor plans in minutes and provide their clients with high-tech touring options.
  • Build A Sign provides U.S. eXp Realty agents with high-quality signage options at a discounted rate with no order minimums.
  • The CE Shop – eXp Realty Preferred Partner, The CE Shop, offers Online Real Estate Courses for Pre-Licensing, Exam Prep, Post-Licensing, and Continuing Education.

How can I access the eXp Realty Preferred Partners?

  • All partners have a staffed office in the Partner Hub where agents can visit for assistance Monday-Friday during normal business hours, self-help is available 24/7. Weekly training is available in the Partner Theater and Partner Training rooms.  eXp World: From the Go To menu, select Preferred Partners
  • Partners have Workplace groups with pinned posts to help you get started and stay updated, click the partner names in orange above to join. 

 

Potential Partners can complete an interest form at exp.partners

Affiliated Services Team: PreferredPartners@exprealty.net

eXp Realty Production Awards

eXp Realty ICON Agent Award Program Overview

eXp Realty celebrates all our agents while highlighting those who achieve exceptional sales volume and operate within our core values. We recognize their business acumen, integrity and cultural contributions by offering the opportunity to earn ICON Agent status. ICON status is reserved for those agents who meet or exceed the minimum production and cultural requirements during the “eXp Realty ICON year” and operate in alignment with our core values. The eXp Realty ICON year is defined as September 1 – August 31.

Want more information on the ins and outs of the ICON Award Program? Click here to connect to the Overview or email: iconaward@exprealty.net

ICON Production Requirements

A single agent or domestic team is eligible for consideration for ICON status when one of the following is met per anniversary year:

  1. eXp Realty annual cap (currently $16,000) and annual per agent transaction fee cap (currently $5,000), OR
  2. Annual gross commission income of $500,000 or more with a minimum of ten closed transactions and payment of an ICON Qualifying Fee equal to $5,000 less capped transaction fees paid.

Mega ICON teams have a production requirement of $56,000 broken down by Team Leader reaching a $16,000 cap and at least ten (10) team members must reach a $4,000 individual cap.

ICON Cultural Requirements

Community is one of our critical core values. Successful agents giving back to our agent population feed into the proverbial “rising tides lift all boats” philosophy. Community paired with collaboration provide a growth opportunity for every eXp Realty agent. ICONs contribute to our agent population by actively serving in one or more of the following areas with a minimum expectation of one hour per month.

  • Cultural Service Opportunities
    • Serve as an eXpand Mentor
    • Serve as a teaching member of the Agent Faculty Program
    • Establish and serve as a host in an Aspiring ICONs Workplace group
    • Actively participate in ICONversations
    • Serve on the ICON Vetting Committee
    • Serve as an Event Service Volunteer in conjunction with our Marketing Department for EXPCON and The eXp Shareholder Summit
    • Serve as a presenter for the monthly ICON Orientation class

ICON Vetting Process

ICON candidates, both new and returning, will be interviewed by a current member of the ICON Vetting Committee the month after reaching one of the production requirements. The purpose of the interview is to determine whether the candidate operates in alignment with our core values. The interview notes will be posted in the ICON Interview Trello board for committee review and approval. Once approved, candidate will be invited to attend the monthly vetting meeting where they will be introduced and celebrated as a new or returning eXp Realty ICON Agent.

ICON Agent BadgeICON Status Benefits

  • Receive up to $16,000 ICON Agent Award*
  • Membership to the private ICON Mastermind Workplace group
  • Invitation to ICON Mastermind events
  • Inclusion in monthly ICON agent press release
  • ICON logos for marketing purposes
  • Company recognition via an announcement posted in Friday Leadership Meeting
  • Receive ICON badge in eXp World
  • ICON frame available to use in Workplace
  • Membership in the ICON Agent Directory (under development)
  • Recognition at the annual EXPCON Awards Gala
  • Invitation to ICONic Events at Shareholder’s Summit and EXPCON

*2019 ICON Agent Award Issuance Plan

Upon approval as an ICON Agent, ICON will be awarded $8,000 in publicly traded eXp World Holdings common stock which vests after three years. Stock will be issued and released as long as ICON Agent remains licensed exclusively with eXp Realty at the three-year mark. 

The ICON has the ability to earn an additional $4,000 of publicly traded eXp World Holdings common stock by satisfying the cultural commitment requirements during their ICON Benefit Year. This stock award has a two-year vest period. Stock will be issued and released as long as ICON Agent remains licensed exclusively with eXp Realty at the two-year vesting mark. 

The remaining $4,000 of publicly traded eXp World Holdings common stock is split into two equal payments of $2,000 of company stock and are earned by attending The eXp Shareholder Summit and EXPCON after ICON status is achieved. Shares will be added to the monthly company issue release the month following the event. These shares will be available with no vesting period and will be issued based on attendance verification. Should ICON status be earned by a domestic team, the attendance requirement is such that at least one member of the domestic team has verified attendance at each event.

To transfer your shares, visit Steps to Transfer Your Shares.

Chairman’s Excellence Awards

Every year we recognize those agents who achieve exceptional production levels by awarding them the Chairman’s Excellence Award. The award is earned at various levels based on individual production. Our year runs from September 1 – August 31, and the awards are given at EXPCON every year.

  • Aquamarine: $80,000 – $119,999 GCI or 15 – 26 units
  • Amethyst: $120,000 – $179,999 GCI or 27 – 39 units
  • Sapphire: $180,000 – $239,999 GCI or 40 – 49 units
  • Emerald: $240,000 – $299,999 GCI or 50 – 59 units
  • Ruby: $300,000 – $399,999 GCI or 60 – 74 units
  • Diamond: $400,000 – $499,999 GCI or 75 – 99 units
  • Double Diamond: $500,000+ GCI or 100+ units

eXp Lingo

Every industry and company has its own lingo. We do our best not to create an alphabet soup that creates a big gap in the language we use among agents, brokers and staff. Here’s a list of words that might stump eXp Realty newbies and veterans alike:

      • AAC: Agent advisory council
      • AAUP: Agent attraction universal pledge
      • APAB: Assistant Province Broker
      •  ASC: Administrative support coordinator
      • BEM: Brokerage Excellence Manager
      • BIC: Broker in Charge
      • BOA: Brokerage Operations Assistant
      • BODC: Brokerage Operations Director of Canada
      • CAN: Corrective Action Notice
      • CCS: Contract Compliance Specialist (formerly CRS)
      • CDA/DA: Commission Disbursement Authorization
      • CCS: Contract Compliance specialist
      • CPS: Compliance Payment Specialist
      • DMB: Designated managing broker
      • E&O: Errors & Omissions
      •  EXPCON: Our premier event of the year. Held in the fall, all agents are invited to attend.
      •  EXPI: Nasdaq stock symbol for eXp World Holdings, eXp Realty’s parent company.
      •  FLQA: Front-line qualifying active agent. A person an agent has personally sponsored into their revenue share group and has met production or participation benchmarks. An FLQA number is used to determine an agent’s eligible cascading revenue share.
      • ICA: Independent Contractor Agreement
      • ICON: eXp Realty production award
      •  IRL: In real life
      •  MB: Managing broker
      • NAR: National Assoc of Realtors
      •  PAB: Provincial administrative broker
      • PCC: Post Closing Correction
      • RAC: Regional Administrative Coordinator
      • TRX: Transaction

We're Glad You're Here

You now are an integral part of one of the fastest growing real estate companies in North America, and a top-ranked brokerage with many industry awards and honors!

eXp Realty benefits greatly from the dedication and professionalism that each of you brings to your work every day. For your personal growth and professional development, we encourage you to take advantage of the many tools, educational courses and resources outlined in this guide.

Throughout your career at eXp Realty, we invite you to share your observations and feedback to continue the success and sustainability we’re building together.

You’ve joined a collaborative, agile and fun family of thousands of real estate agents across North America … and WE’RE GLAD YOU’RE HERE!


— The eXp Realty Executive Leadership Team

Matt Hartman

Team Lead

Matt can help you with any questions you might have when getting started at eXp.