Myths & Frequently Asked Questions – eXp Realty Explained Part 5

Let’s get the most popular question out of the way: is eXp Realty a pyramid scheme? Short answer: absolutely not. Pyramid schemes are illegal, and what eXp offers is a very different model. Here’s why.

In traditional brokerages, only those at the top—owners, regional directors, franchise owners—make substantial profits, while agents at the bottom do most of the revenue generation but see little return. eXp Realty turns this structure upside down.

As an agent-owned company, eXp allows agents to participate in ownership through stock options and revenue sharing. This system is built to reward agents for doing what they would do at any brokerage: selling homes and helping others join the team.

Unlike traditional companies that hire external recruiters, eXp compensates its agents for bringing in talent and helping them succeed. You earn stock for free on a new agent’s first transaction and can participate in revenue sharing when they close deals, providing a tangible benefit for growing the company.

No, eXp Realty is not an MLM either. While agents can benefit from recruiting other agents, there’s no obligation to do so, and you are compensated for the productivity of the agents you bring in. The core business remains real estate transactions. It’s about selling properties and helping others do the same, not just recruiting.

And yes, every brokerage recruits agents—whether you realize it or not, that’s how brokerages grow. But eXp rewards you for contributing to the company’s growth and ensuring that the people you bring in are successful.

One common misconception is that you have to work from home all the time if you join eXp Realty. While eXp is a cloud-based brokerage, you don’t have to work from home unless you want to.

The brokerage offers flexibility to meet clients wherever suits you—whether it’s at their home, a coffee shop, or a shared office space. eXp even offers a membership to Regus business lounges, allowing agents to use shared office spaces worldwide.

The bottom line? You have the flexibility to work in whatever environment works best for you.

eXp Realty’s culture is highly collaborative, and the company constantly rolls out new features to support its agents.

From 80+ hours of live training each week to agent-led masterminds, the resources here are unmatched. There are communities and training programs for every niche, from luxury agents to first-time homebuyers and veterans.

What’s most unique about eXp’s culture is that agents aren’t in competition with each other. Because of the revenue-sharing model, there’s a financial incentive for agents to help each other succeed.

You won’t experience the cutthroat atmosphere common in traditional brokerages, where top producers may withhold tips and tricks from their competition. At eXp, the success of one agent often benefits others.

Transactions at eXp Realty are simple and efficient, thanks to digital tools like SkySlope, which allows agents to upload, manage, and submit documents electronically.

While every state and country may have slightly different processes, the digital nature of the brokerage makes things run smoothly. For instance, you can use tools like DocuSign within the platform to handle all your contract signings, and there’s no need to chase down a broker for approvals.

In states like Texas, title companies manage escrow accounts, so agents aren’t burdened with collecting earnest money or managing funds. This streamlined process makes it easy to focus on your clients and growing your business.