The model, in plain English.
These are eXp's own published terms for Australia, with the source for each. eXp sets them and they can change, so check the current agreement before you decide. That goes for anything you hear from any sponsor, me included.
75/25 until $100,000 GCI. Then 100%.1
Independent contractor agents keep 75% and eXp takes 25% until $100,000 in gross commission for the year. After that, the agent keeps 100% for the rest of the year. The cap resets on your work anniversary. Commission-only employed agents are on 70/30 to the same cap, then 95/5.
A startup fee, a monthly fee, a settlement fee.1
eXp Australia states a one-off $275 startup fee and a $275 monthly subscription (both including GST), plus a $550 settlement transaction fee that it says is payable by the seller on settlement.
Optional, and not taken from anyone's commission.1279
If an agent you introduce does a deal, eXp pays you a share of its own portion of the commission, never a cut of theirs. It runs across seven tiers. Tiers one to three are open from your first day; tiers four to seven open once you've personally sponsored 5, 10, 15 and then 30 productive agents. Once an agent caps for the year, there's no company portion left to share on their deals until their cap resets.
The ICON program, and other ways to own shares.15
eXp's ICON program awards shares in the parent company (now AGNT, Inc., Nasdaq: AGNT) to agents who qualify, which eXp Australia states as up to $21,000 in shares. There are two pathways: reach the $100,000 cap and then pay $10,000 in post-cap transaction fees, or write $750,000+ in GCI with at least 10 closed transactions and an ICON qualifying fee. There are also smaller stock awards for milestones, like your first settlement each year, reaching cap, and a sponsored agent's first settlement, plus an optional program to put part of your commission into shares at a discount. I haven't listed those amounts because I couldn't confirm the 2026 Australian figures. Every award depends on eligibility and vesting rules.
No franchises, no territories, no branch office.1
eXp removed franchises, territories and brick-and-mortar offices. Agents meet, train and get support in eXp World, a 3D cloud campus, with compliance managed and supported locally in Australia. If you want a desk, eXp agents get access to Regus shared offices.
Rex, Canva Pro and your own brand.13
Every agent runs on Rex Enterprise CRM with full branding rights and ownership of their data, plus Canva Pro, a marketing centre and a free agent microsite. Independent contractors can use their own brand alongside the eXp Realty logo; commission-only employed agents use eXp templates.
A shift to fully licensed agents.4
In September 2026 eXp Australia said it is centring its network on fully licensed agents. Class 2 agents have two paths: complete full licensing, or work in a team under a fully licensed eXp licensee.
Global, and publicly listed.5
eXp Realty's parent, AGNT, Inc. (formerly eXp World Holdings), reported 87,338 agents and brokers on its platform at 30 June 2026, and trades on the Nasdaq as AGNT.
eXp runs the trust account and compliance.17
eXp looks after the sales trust account (receipting, disbursements and audits) and compliance, with support managed locally in Australia. The subscription also bundles the day-to-day stack: Rex CRM and prospecting, CoreLogic property data, digital forms and signing, Canva Pro, websites and tech support.
Your sponsor is for keeps. A co-sponsor is optional.1811
Your sponsor doesn't change your split, your cap or your fees, and generally can't be changed once you've joined. Since May 2025 you can also name a co-sponsor, in any country, within five days of onboarding.
Thirty minutes. Completely confidential.
Tell me how your business runs today. I'll show you mine running, walk you through the eXp model with your own numbers, and tell you honestly whether it fits.
- 1
eXp Realty Australia, "eXp Realty Australia eXplained 2026" (official channel), 19 May 2026. www.youtube.com/watch?v=t9lbbzVmylY
- 2
eXp knowledge base, "Revenue Share 101". expknowledgebase.exprealty.com/knowledge/revenue-share-101
- 3
eXp Realty Australia, branding guidance for agents. lifeatexp.com.au/branding
- 4
The Real Estate Conversation, "eXp Australia strengthens professional standards for a changing industry", 15 Sep 2026.
- 5
AGNT, Inc. (formerly eXp World Holdings): Q2 2026 results, 4 Aug 2026; Nasdaq ticker AGNT from 8 May 2026. www.agnt.inc
- 6
eXp Realty Australia, office and licence listings. www.expaustralia.com.au/join
- 7
Chris Janzon (eXp Realty Australia agent), "The Model eXplained", viewed 12 Oct 2026. themodelexplained.net
- 8
eXp Realty, Co-Sponsor program (from 1 May 2025). localsponsor.exprealty.com
- 9
Smart Agent Alliance, "Revenue Share 2.0". smartagentalliance.com/exp-realty-sponsor/revenue-share-2-0
- 10
eXp World Holdings, LYVVE enters full production, 1 Dec 2025. lyvve.com
- 11
eXp Realty (USA) Policies and Procedures, August 2026, filed with the SEC. www.sec.gov/Archives/edgar/data/1495932/000110465926090337/agnt-20260630xex10d14.htm
Matt Manser is a licensed real estate agent working as an independent agent with eXp Realty (eXp Real Estate Australia, SA, RLA 300185). This page is general information, not financial, legal or tax advice.
eXp's model, including commission splits, caps, fees, revenue share and stock programs, is set by eXp, can change at any time, and depends on your agreement, eligibility and vesting rules. Nothing on this page is a promise or guarantee of income. Confirm the current terms in eXp's agreement before you decide.
Backbone is a separate, paid service from Matt Manser through Backbone Automation. It isn't provided by eXp Realty and isn't connected to sponsorship. My system's figures are from its own logs, measured 10 October 2026. eXp figures checked 12 October 2026.