eXp Referral Agent Division

💲eXp Referral Division Commission Splits

• Referral to an eXp Agent: You keep 75% of the negotiated referral fee and eXp keeps 25%

• Referral to a non-eXp Agent: You keep 70% of the negotiated referral fee and eXp keeps 30%

• You control the referral fee: eXp does not dictate the referral fee percentage. You negotiate the fee directly with the agent handling the client.

• No cap applies in the Referral Division: You will always pay a 25% (or 30%) split to eXp, but there is no maximum amount of commission paid to the brokerage
  
  

🔍 Example Breakdown:

You refer a buyer to an eXp agent, and they close on a $500,000 home.

• • Commission to the eXp agent = $15,000

  • You negotiated a 25% referral fee = $3,750

  • You keep 75% of that referral fee = $2,812.50

  • eXp keeps 25% = $937.50

Breaking Down Your License Status Options:

1. EXPIRE: Let your license totally expire - not recommended because it's always harder to get it back and in the future if you decide you want it, you may have to take some 30 hour classes to make it active again. If you want to do this immediately, move your license to Inactive and then let it expire. Moving it to inactive takes you out of eXp, MLS, NAR, etc. and stops all the billing. You'll need to cancel any subscriptions for tools that you signed up for to do marketing, etc. Eventually when your TREC renewal comes up, you'll have the option to renew it and keep the license inactive or just let it expire.
   
   

2. INACTIVE: Put your license in "Inactive" status - this requires that you go to the Texas Real Estate Commission (TREC) website and login. You will not be required to complete any Continuing Education (CE) until you go active again, but you do have to pay the license renewal fees to TREC. You are prohibited from ANY real estate-related activities until your license is "Active" again.
   
   

3. EXP REFERRAL DIVISION: Keep your license Active, but move to the eXp Referral Agent Division - You will need to take the 18 hrs of CE and pay your license renewal fee. You can do a late renewal by just getting the CE done in the next few weeks and then going in to pay your TREC renewal fees.  The renewal fee I think is about $50 higher to pay the late renewal fee.  Once your license is moved over to the eXp Referral Division, the monthly exp fee is only $50 a month instead of $85 and you will not have to pay any Association/MLS dues, but you won't have access to the MLS anymore except through our consumer facing website www.dfwsearch.house.