eXp Realty’s agent-centric model was further bolstered with an announcement that is sure to reverberate throughout the industry. For the first time ever, eXp has adjusted the criteria for its popular and potentially lucrative revenue share program. (Read the press release here.)
Specifically, eXp is reducing the threshold for Frontline Qualifying Agents (FLQAs) in the revenue share program, requiring that 30 FLQAs are needed instead of 40 – a 25% reduction – to unlock tier 7 revenue share benefits.
While other brokerages are increasing revenue share thresholds or charging fees, eXp is lowering them, further establishing eXp’s unwavering commitment to its agents’ success. This change exemplifies eXp’s belief in the power of its model and dedication to continuously improving and providing exceptional support for its agents.
“Revenue share is an important income opportunity for agents, so this change is a testament to the singular agent-centric focus we were built on,” said Glenn Sanford, founder, CEO and Chairman of eXp World Holdings. “We believe in our aligned compensation model, which was created to reward agents for both production and contributions to eXp Realty’s growth.”
The recent adjustment to the FLQA threshold is a game-changer, fueling exponential opportunities for eXp’s agents to build their legacies. This means eXp’s agents can earn even more through eXp’s aligned compensation model that rewards both production and contributions to eXp Realty’s growth.