FACT: You don’t have to work yourself into the ground to be a successful real estate agent. One way to earn passive income at eXp Realty is to “sponsor” another agent. But what does that mean? Let’s dig in!
What does it mean to “sponsor” an agent at eXp Realty?
eXp’s revenue share plan is one way that eXp rewards its agents for attracting new agents to join eXp.
Simply, an eXp agent can “sponsor” a new agent to join eXp.
Once the new agent begins closing on transactions, the sponsor receives a percentage of the company revenue from the sales activity of their sponsored agent until their annual commission cap of $16,000 is reached.
(The best part? eXp pays that share — not the agent. It is taken from the 20% adjusted gross commission income (AGCI) received by eXp, and is paid to the sponsor agent monthly.)
FACT: You don’t have to work yourself into the ground to be a successful real estate agent.
As an example: If you personally sponsor 5 agents to eXp who meet the production requirements, and they in turn sponsor their own productive agents, you can earn up to up to an additional $3,200 annually for the production of each of those Tier 2 agents. That is ON TOP of the $2,800 you earn from the agents that you have brought in.
Want to chat more about it? Click here to learn more about our team and the way we work together to build collective and individual success! Looking for more info on eXp? Click here!