eXp Realty · South Australia
Thinking about moving to eXp? Ask an agent who made the switch.
I'm Clinton Barker. I sell homes, development sites, commercial and rural property in northern Adelaide. I moved from a traditional franchise to eXp. Here's how the model works, in plain English, and what you get if you join with me.
Commission calculator
What do you take home now, and what would you take home at eXp?
Put in your own numbers from the last 12 months. The calculator works out what you actually kept at your current agency, then what you'd have kept on the same sales at eXp, and shows you the difference.
Many franchise agents pay a franchise or royalty fee on top of their split. Put in your share of it.
- What you keep now
- $75,000
- What you'd keep at eXp
- $121,700
At eXp you'd take home $46,700 more a year
Already on a 90%+ split with low fees? eXp may not pay you more on commission alone. I'll tell you straight and show you where the other value is (revenue share, shares, global referrals).
The eXp figure uses a 75/25 split until you've written $100,000 of commission in your anniversary year (so the most eXp takes is $25,000 a year), then 100% for the rest of that anniversary year, plus the $275 a month subscription. The cap resets every anniversary. Example only, for full-licence agents. GST, transaction costs and your own results aren't included. I'll run your real figures with you.
How eXp works
- Commission cap
- 75/25 split until you've paid eXp $25,000 (on $100,000 of commission) in your anniversary year. After that you keep 100% for the rest of that anniversary year. It resets on your anniversary date each year. No franchise or royalty fees.
- One subscription
- $275 a month covers the platform: transactions, trust accounting, compliance support, training and lead tools.
- Your brand
- Keep your own name and look front and centre. Signboards, cards and flyers can carry your brand.
- Revenue share
- When an agent you introduce joins and sells, eXp pays you a share from the company's side. It doesn't come out of their commission.
- Shares
- eXp's parent company is AGNT, Inc. (Nasdaq: AGNT, formerly eXp World Holdings). Agents can earn shares for milestones like a first sale, reaching the cap, and helping another agent settle their first sale.
- Global referrals
- eXp agents work in more than 20 countries. You can refer clients overseas and receive referrals back.
- Rent rolls
- Options to build and own a rent roll, including in a market you don't manage yourself.
Why talk to me first
The person who introduces you to eXp is your sponsor. Pick one who'll pick up the phone. I've done more than sell houses, and that's useful when an odd deal lands on your desk.
If you join with me
- You get my mobile. I answer it.
- I'll walk you through the move step by step.
- I'll show you how I run appraisals, listings and campaigns.
- Got a development site, commercial or rural deal? Call me before you price it.
- Straight answers. If eXp isn't right for you, I'll tell you.
Roseworthy
Studied farm management. Worked on farms.
SA & NT
Built Telstra communications towers.
Business
Owned and ran fitness centres.
Development
Development partner on two 16-apartment and commercial projects at Mawson Lakes. Did a one-into-two subdivision.
10+ years
Real estate in northern Adelaide. Hillbank local since 1989.
Now
eXp Realty. Residential, development, commercial and rural.
Questions agents ask me
Do I need an office?
No. eXp is cloud based. You work from where suits your business, and you can meet clients wherever you like.
Do I lose my brand?
No. You can brand with eXp or keep your own brand front and centre.
What does it cost?
A $275 monthly subscription, plus eXp's 25% of your commission until you reach the $100,000 cap in your anniversary year. Then it's 100% to you until your next anniversary. Ask me for the full current fee list before you decide.
Does it matter who sponsors me?
Yes. Your sponsor is the person you go to with questions, and they stay linked to you at eXp. Choose someone in your market who'll help.
I hold a sales representative licence. Does this still work?
Yes, but the model is different for commission-only employees. Call me and I'll explain how it works for you.
Have a confidential chat
Call or text me. No pressure, no sales pitch. If you want the full walk-through, I'll set up a Zoom with the eXp team and join you on it.
Call ClintonClinton Barker · eXp Realty Australia · RLA 337786 · Northern Adelaide, South Australia. Figures are a general guide. Fees, splits and share awards are set by eXp and can change. Nothing here is a promise of income.