eXp Realty Review and Profile

brokerage designed to operate without the traditional network of brick-and-mortar offices. Agents, brokers and corporate personnel instead worked through an online platform and three-dimensional virtual office environment. The brokerage became a subsidiary of eXp Realty International Corp. in 2013, and its parent later adopted the eXp World Holdings name. On June 11, 2026, the parent company changed its legal name to AGNT, Inc. and moved its state of incorporation from Delaware to Texas. The eXp Realty name remains in use as the group's principal cloud-based brokerage brand.

eXp Realty provides residential and commercial real estate brokerage services rather than selling conventional MLM products. Its independent agents represent buyers and sellers, handle leases and referrals, and receive commissions from completed real estate transactions. The company supplies brokerage supervision, transaction management, training, marketing technology, customer-management tools and access to its virtual working environment. Agents must hold the real estate licenses required in the jurisdictions where they conduct business.

The company combines a traditional real estate commission arrangement with a seven-tier, MLM-style revenue-sharing system. U.S. agents generally retain 80% of their real estate commissions while eXp receives 20%, until the agent has paid the company an annual commission cap of $16,000. After reaching the cap, the agent retains 100% of subsequent commissions for the remainder of the anniversary year, subject to transaction and broker-review fees. Current listed charges include a $149 onboarding fee, an $85 monthly cloud-brokerage fee, a $25 broker-review fee per transaction and a $40 risk-management fee per transaction. Newer agents placed in the mentorship program are also subject to an additional 20% split on their first three transactions.

eXp Realty is one of the world's largest real estate brokerages by agent count. The platform reported 83,060 agents and brokers at December 31, 2025, $194.0 billion in 2025 real estate sales volume and 440,163 completed transaction sides. Its parent reported $4.77 billion in consolidated 2025 revenue. At March 31, 2026, eXp Realty had 82,332 agents and brokers, and parent-company first-quarter revenue was approximately $1.0 billion.