Business Model and Earning Opportunities

eXp Awards & Recognition

Chairman's Excellence Awards

Every year we recognize those agents who achieve exceptional production levels by awarding them the Chairman’s Excellence Award. The award is earned at various levels based on individual production. Our year runs from Sept. 1 – Aug. 31, and the awards are given at EXPCON every year.

ICON Agent Award Program 

eXp Realty celebrates all our agents while highlighting those who achieve exceptional sales volume and operate within our core values. We recognize their business acumen, integrity and cultural contributions by offering the opportunity to earn ICON Agent status. ICON status is reserved for those agents who meet or exceed the minimum production and cultural requirements during the “eXp Realty ICON year” and operate in alignment with our core values. The eXp Realty ICON year is defined as September 1 – August 31.

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ICON Production Requirements

A single agent or domestic team is eligible for consideration for ICON status when one of the following is met per anniversary year:

Mega ICON teams have a production requirement of $56,000 broken down by Team Leader reaching a $16,000 cap and at least ten (10) team members must reach a $4,000 individual cap.

ICON Cultural Requirements

Community is one of our critical core values. Successful agents giving back to our agent population feed into the proverbial “rising tides lift all boats” philosophy. Community paired with collaboration provide a growth opportunity for every eXp Realty agent. ICONs contribute to our agent population by actively serving in one or more of the following areas with a minimum expectation of one hour per month.

ICON Vetting Process

ICON candidates, both new and returning, will be interviewed by a current member of the ICON Vetting Committee the month after reaching one of the production requirements. The purpose of the interview is to determine whether the candidate operates in alignment with our core values. The interview notes will be posted in the ICON Interview Trello board for committee review and approval. Once approved, candidate will be invited to attend the monthly vetting meeting where they will be introduced and celebrated as a new or returning eXp Realty ICON Agent.

ICON Status Benefits

*ICON Agent Award Issuance Plan

Upon approval as an ICON Agent, ICON will be awarded $8,000 in publicly traded eXp World Holdings common stock which vests after three years. Stock will be issued and released as long as ICON Agent remains licensed exclusively with eXp Realty at the three-year mark. 

The ICON has the ability to earn an additional $4,000 of publicly traded eXp World Holdings common stock by satisfying the cultural commitment requirements during their ICON Benefit Year. This stock award has a two-year vest period. Stock will be issued and released as long as ICON Agent remains licensed exclusively with eXp Realty at the two-year vesting mark. 

The remaining $4,000 of publicly traded eXp World Holdings common stock is split into two equal payments of $2,000 of company stock and are earned by attending an eXp Shareholder Regional Rally and EXPCON after ICON status is achieved. Shares will be added to the monthly company issue release the month following the event. These shares will be available with no vesting period and will be issued based on attendance verification. Should ICON status be earned by a domestic team, the attendance requirement is such that at least one member of the domestic team has verified attendance at each event.