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Plans + Benefits

Explore commission plans in full detail.

Unlock a Successful Career with Luxe Omni and eXp Realty


At Luxe Omni, we understand the importance of commissions. But beyond that, we offer so much more. Luxe Omni, in partnership with eXp Realty, provides everything you need for a thriving real estate career, empowering you to live a life you truly love.


By joining our team, you’ll unlock the full range of benefits, including transaction management, state-of-the-art systems, administrative support, lead generation, and comprehensive marketing services—all taken care of for you. Explore the benefits of joining Luxe Omni by clicking here!.


Commission Information

 

Split

Enjoy up to a 75% Split with Luxe Omni! Being on the Luxe Omni team, you’ll start with a 70% commission split. Another great benefit of being on our team is, instead of the normal $16,000 cap paid to eXp, you’ll cap with eXp after paying in just $4,000.


For top producers who want to maximize their earnings, you can opt to pay the full $16,000 cap (instead of a reduced cap to eXp). By doing so, you’ll be eligible to achieve ICON status and receive the full amount back in stock awards! See below for more details!


If you opt for limited services, your team split will be 10%, but you won’t benefit from the reduced eXp cap—so your eXp cap will remain at $16,000.

Transaction Fees

These fees are charged by eXp per transaction and are split the same as the team split. So if you are at a 70% split with the team, you'll pay eXp 70% and the team will cover the remaining 30% of each fee.


Errors & Omissions (E&O) Fee: $60 per deal with a cap of $750.

Broker Review Fee: $25 per transaction.

Capped Transaction Fee: $250 per deal. After $5,000 paid, reduces to $75 per deal.


So what does this actually look like? Here are some examples for you on a $10,000 gross commission:


On your first couple transactions until you pay off the $4k split with eXp:

$10,000 gross commission

- 70% team split

------------

 $ 7,000 before eXp

- 14% eXp split ($1,400 which is 70% of 20%)

-$ 42 E&O insurance (70% of $60)

-$. 17.50 review fee

------------

$ 5,540.50


After you pay off your split with eXp:

 $10,000 gross commission

- 70% team split

------------

 $ 7,000 before eXp

-$ 175 eXp capped transaction fee (70% of $250)

-$ 42 E&O insurance (70% of $60)

-$. 17.50 review fee (70% of $25)

------------

$ 6,765.50


After you pay limits on E&O and transaction fees with eXp and reach 75% team split:

 $10,000 gross commission

- 75% team split

------------

 $ 7,500 before eXp

-$ 56.25 eXp capped transaction fee (75% of $75)

-$. 18.75 review fee (75% of $25)

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$ 7,425.00

Monthly Fees

$85 monthly dues for management + tech and a one time start up fee of $149. to eXp.


 

ICON Agent

Agents have the opportunity to earn $16k per year in publicly traded eXp stock.

To be eligible to receive stock awards, Agents will need to opt in to paying the full cap of $16k instead of the team $4k cap and must have met all of the following requirements:


1. Production Based: ▪ Option #1: Agent reaches an $16,000 commission cap and then sells another twenty homes (paying $5k in transaction fees) during their anniversary year. ▪ Option #2: Agent generates annual $500k in AGCI, closes a minimum of ten transactions, and pays in any difference remaining in the qualifying fee. ($5k in transaction fees.) ($8,000)


2. Cultural Requirements: ▪ Earn 20 points through various mentorship and training opportunities. ($4,000)


3. Participation Award: ▪ Attend the eXp Convention and a Regional Rally each year. ($4,000)

 

REVENUE SHARE

Partner with eXp and share in the benefits!


Below is the eXp revenue setup. A major incentive for agents, and existing teams and brokerages to join is that you aren't committing to pay thousands in upfront or ongoing franchise fees or sign any type of long-term agreement, while also benefiting from the brand, benefits, and culture.

eXp takes care of all the compliance, insurance, paperwork, 1099's, staff, etc.

It's truly a no-brainer!


There is no limit to the number of agents that you can recruit!


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©2023 Luxe Omni Inc.

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