NASDAQ EXPI · eXp World Holdings
A personalized analysis from Patrick & Matt Ashby

Curated Cost Analysis
& Equity Award Accumulation

A deep dive using approximate numbers to show your bottom-line costs at eXp — including cap, stock awards, the tools to sell more real estate, and the revenue-share model.

Prepared for Your Name
The Big Picture

at eXp Realty we work with you to create a Business Asset
vs. a Career with No Pension.

Old Model
2 Buckets of Income
Listings
Sales
When you stop selling, your income stops.
eXp's Model
5 Buckets of Income
Listings
Sales
Stocks
Dividends
Rev Share
Willable Assets
A business that pays you — and your family — long after you stop selling.

Annual eXp Cost Breakdown

$500,000 GCI · 25 Ends
Cloud Brokerage Fee $139 / month × 12
$1,668
Broker Review Fee $29 × 25 ends
$725
Company Cap (80/20 Split) First ~5 ends fill the $80K cap
$16,000
Post-Cap Transaction Fees $285 × 20 deals
$5,700
Reduced Transaction Fees $75 × 0 deals (after 20 post-cap)
$0
Total eXp Costs
$24,093
Actual Net Cost
$8,093
Net Income
$491,907
After all eXp fees and ICON stock award
Gross Commission Income
$500,000
25 transaction ends
Effective Brokerage Cost
1.6%
As a % of your GCI
Now let's talk about the upside

The cap is just the beginning. Real wealth at eXp comes from equity.

Step 2 of 5

Equity Awards at eXp Realty

eXp is the only brokerage where every agent earns ownership in a publicly-traded company (NASDAQ: EXPI). Here are the four ways your business builds long-term wealth — beyond your commission.

Equity Awards are managed by Morgan Stanley
1
★ ICON Award

$16,000 in EXPI Stock

  • Earn $16,000 back in eXp company equity each year you qualify
  • Paid out over 3 years: $4K · $4K · $8K
  • Re-qualify every year — payouts stack across years
2
Agent Equity Plan

EXPI at 5% Discount

  • Optional — take 5% of GCI and purchase stock at a 5% discount
  • No vesting period — cash out anytime
  • Calculated on GCI minus your $16,000 cap
3
Bonus Stock Awards

First Sale, Capping & Attraction

  • $200 stock award on your first closing every year
  • $400 stock award for capping ($80K in GCI to eXp)
  • $400 when you introduce an agent who closes their first deal
  • 3-year vesting period
4
Quarterly Dividends

Reinvest your EXPI dividends

eXp World Holdings pays quarterly cash dividends on every share you own — and you can elect to automatically reinvest them to compound your position.

For Every eXp Agent

Wealth-building through eXp company equity · NASDAQ: EXPI
● Today's EXPI Price
Look it up: Google Finance → · Yahoo →
$
ICON Award
$16,000
Agent Equity (5%)
$24,200
Misc Bonuses editable
$
Annual Total
$41,200
Cumulative Portfolio Value Over 10 Years
Shares accumulated at $12.50 (with 5% agent discount), valued at three potential stock prices
If $12.50
— shares
$0
Year 10 Value
If $25
— shares
$0
Year 10 Value
If $50
— shares
$0
Year 10 Value
Important: This 10-year stock accumulation projection is an illustrative estimate based on the inputs you provided and assumed share prices. eXp World Holdings (NASDAQ: EXPI) is a publicly traded company and past performance does not guarantee future results. Actual results will vary. This is not investment advice.
Part of Something Bigger
eXp World Holdings, Inc.
NASDAQ: EXPI

Under the eXp World Holdings umbrella sits a family of companies. When you own EXPI shares, you own a piece of every one of them.

Billions
In Annual Revenue
$100M+
Cash & Cash Equivalents
Debt
Free
eXp Realty
eXp Realty
The core cloud-based residential brokerage — operating in 24+ countries.
eXp Commercial
eXp Commercial
Global cloud-based commercial real estate brokerage — investments, leasing, and property management.
FrameVR
FrameVR.io
Web-based immersive 3D & metaverse platform for virtual collaboration, events, and training.
Zoocasa
Zoocasa
Award-winning real estate search platform serving Canada and the U.S. — listings, market insights, and lead generation.
Realty Connect
Realty Connect
Lead generation and referral platform connecting agents with motivated buyers and sellers.
LuxVT
LuxVT
Advanced marketing solutions for luxury real estate — branding, print, video, mail, and turnkey services.
SUCCESS®
SUCCESS® Enterprises
SUCCESS Magazine and related media properties — training, classes, podcasts, and personal development tools.
?
What's Next?
eXp World Holdings is always on the lookout for companies that benefit their shareholders — the agents.
Step 3 of 5

Now let's look at the tools
that are available to all eXp shareholders.

Step 4 of 5

Revenue Share at eXp Realty

eXp's 7-tier revenue share model lets you build true passive income by attracting other agents to the company. The 95/5 philosophy: spend 95% of your time on real estate, 5% on agent attraction.

Where Rev Share Comes From

Agent / Company Split
$80K GCI
Capped
Agent 80% $64,000
eXp 20% $16,000
Where eXp's $16K Goes
$16,000
÷ 2
To Company 50% $8,000
Rev Share Pool 50% $8,000
Revenue share is then distributed across 7 tiers, based on your contribution of growth to the company.
◇ No geographical restrictions for helping eXp Realty grow! Attract agents anywhere on the planet — your rev share follows them, no matter the country.
Build Your Passive Income Engine

Revenue Share Calculator — Tiers 1 to 3

Just enter how many capping agents you'll have at each tier. A capping agent earns $80K in GCI, paying eXp $16,000 (the 80/20 cap). After capping, the agent is 100% commission until their anniversary year resets. Numbers update live.

Tier 1
Agents you personally attract
$4,000/agent/yr
Year 1 bonus rate · 50% of pool
After Year 1: $1,400/agent (17.5%)
Tier 2
Agents your Tier 1's attract
$1,600/agent/yr
20% of pool
Tier 3
Agents your Tier 2's attract
$1,000/agent/yr
12.5% of pool
Tier 1 income
4 × $4,000
$16,000
Tier 2 income
4 × $1,600
$6,400
Tier 3 income
4 × $1,000
$4,000
Annual Passive Income
$26,400
That's roughly
$2,200/mo
12 capping agents in your downline
These are hypothetical estimates of potential earnings under eXp Realty's RevShare model based on the assumption that every agent in your downline caps ($80,000 to eXp on $400,000 GCI). Figures are illustrative only and do not represent actual or guaranteed income. For more on what agents typically earn, see eXp Realty's official Income Chart.
Your Total Picture

Take-home, equity, and passive income — combined.

Net Income
$491,907
Annual Stock Awards
$41,200
($24,200 via 5% Equity Plan)
Rev-Share Potential
$26,400
★ How It Works

7 tiers of monthly residual income

For every capping agent in your downline (paying $80K to eXp), $8,000 flows into the rev share pool. You earn a slice of that pool based on which tier the agent sits in — Tier 1 in their first year pays a 50% bonus rate ($4,000), then drops to 17.5% ($1,400) thereafter. Tiers 2-7 each pay their own fixed %.

95 / 5 Methodology

The 95/5 Freedom Plan

Spend 95% of your time focused on selling real estate — use eXp's tools, training, and tech stack to increase your production. We then teach you how to put your broker-owner hat on using only 5% of your time. You become the connector, we become the presenter — making us business partners.

Do I Need To Attract Agents?

No — revenue share is completely optional

Revenue share is optional — it's available to those who want to participate. And sometimes it happens by accident. Many agents already refer other agents to their brokerage — here, you actually get paid for it.

The biggest difference at eXp

All Equity Awards & Revenue Share are willable assets to your estate.

Your stock, your rev share, your wealth — you build it, you own it, your family inherits it. Let us show you how.

Step 5 of 5 — The Closer

A few more resources from Pat & Matt.

Step 5 of 5

The 95/5 Freedom Plan

Two more resources Patrick & Matt have built to help eXp agents turn the math you just saw into reality. Ask us about either during our chat — we'll happily ship you a copy of the book or send the digital version.

★ The Book
What's In It For Me? — book cover by Patrick Ashby with Matt & Mike Ashby

What's In It For Me?

A Revolutionary New Model for Real Estate

The book that lays out the philosophy behind the 95/5 plan: why traditional brokerage models leave agents broke at retirement, and how to build a real estate business that becomes a willable asset — not just a job.

  • The 5-Bucket framework that powers eXp's wealth model
  • How to think like an owner, not just an agent
  • Real stories from agents who've made the shift
◆ The Training Program
95/5 Rev Share Training System — 3 Year Business Plan to create $100,000 annual passive income, by Patrick and Matt Ashby

95/5 Revenue Share Training

A 3-Year Plan to $100K in Passive Income

The hands-on training program where Patrick and Matt walk you through the exact systems, scripts, and weekly routines that build a revenue share business — spending just 5% of your time on attraction so 95% can stay on real estate.

  • Year-by-year roadmap to $100K/year passive income
  • Weekly scripts, attraction systems, and accountability
  • 1-on-1 coaching with Pat and Matt directly

Take this with you.

Save your personalized analysis or send the PDF to yourself for later review.

Step 3 of 5

eXp Tech Stack & Lead Generation

Every eXp agent gets the same world-class tech stack — included with your $139/month cloud brokerage fee. Click any pillar below to see what's inside.

The Full Library

Explore all 30+ official eXp toolkits

Every toolkit shown above — plus ICON Agent Award, Deed Fraud Protection, From Day One Compliance, International Onboarding, Pre-Market Exposure and more — lives in eXp's official toolkit hub.

Visit eXp Toolkit Hub →
Step 4 of 5

Last thing. How does Revenue Share work?