Real Brokerage vs eXp Realty: Which is Better?

If you’re thinking about joining a cloud-based real estate brokerage, chances are you’ve heard about Real Broker and eXp Realty. These two companies are shaking up the real estate world. They both offer modern, virtual platforms with no brick-and-mortar offices, tons of tech tools, and ways to earn more money through things like stock and revenue sharing.

But if you’re here, you’re probably wondering: Which brokerage is actually better?

We’re going to break it all down for you. By the end of this, you’ll see why more and more agents are choosing Real Broker over eXp Realty in 2024.

Why Agents Are Comparing Real Broker and eXp Realty

The old-school real estate model is changing. Now, agents want more flexibility, better commission splits, and more ways to build wealth. That’s where Real Broker and eXp Realty come in.

Both are cloud-based brokerages, which means they don’t have physical offices. Instead, everything happens online. This makes it easier (and cheaper) for agents to do business from anywhere.

But just because these two seem similar doesn’t mean they are. Let’s take a closer look.

Commission Splits: Keep More of What You Earn

eXp Realty’s Commission Split

• 80/20 split
• $16,000 cap
• Once you hit the cap, you go to 100% commission.

Real Broker’s Commission Split

• 85/15 split
• $12,000 cap
• After the cap, you also go to 100% commission.

What This Means for You: At Real Broker, you start with a better split (85/15 instead of 80/20). You also cap at $12,000 instead of $16,000. That’s $4,000 less before you hit 100% commission. Simply put, you keep more of your money at Real.

Fees: Lower Costs at Real Broker

Fees can eat away at your paycheck. Here’s how they compare:

eXp Realty Fees

• $149 startup fee
• $85/month cloud brokerage fee
• $25 broker review fee per transaction
• $40 risk management fee (until you pay $500/year)

Real Broker Fees

• $149 startup fee
• $750 annual brokerage fee (paid at $250 per transaction)
• $60 risk management fee (until you pay $500/year)

Why This Matters: At Real, you don’t have a monthly fee. Instead, you only pay a transaction fee. If you’re not closing deals every month, you won’t be stuck paying fees for nothing.

Revenue Share: The Simpler, Stronger Model at Real

Both companies reward you for bringing in other agents. But Real’s revenue share program is simpler and more rewarding.

eXp Realty Revenue Share

• 7 tiers
• Higher paying level 7
• Complicated structure
• You have to recruit and maintain a lot of agents to make serious money.

Real Broker Revenue Share

• 5 tiers
• Make more money on level 1
• Simpler system
• You only need 5 agents to unlock full tiers.
• You don’t have to maintain huge teams to get paid.

The Bottom Line: If you’re not a big recruiter, Real makes it easier to earn passive income from referrals.

Stock Options: Real Broker Offers More Flexibility

Agents want to build long-term wealth, and stock options help with that.

eXp Realty Stock Program

• You can earn stock awards when you hit certain milestones (cap, recruit, etc.).
• You can buy stock at a discount.
• eXp trades on the NASDAQ (EXPI).

Real Broker Stock Program

• You get stock awards when you hit milestones (closing your first deal, capping, etc.).
• You can buy stock through their Agent Equity Program—you choose if you want 5% of your commission converted to stock at a 30% discount.
• Real trades on NASDAQ (REAX).

Why Real’s Program Stands Out: Real gives agents more control over how they earn stock and build wealth. And the 30% discount is huge!

Training and Support: Real’s Personal Touch Wins

eXp Realty

• eXp has eXp World, a virtual world where you can attend classes, meetings, and get support.
• There’s a lot of training, but it can feel overwhelming.
• Support isn’t always personal because of the size of the company.

Real Broker

• Real offers Real Academy, which has simple, easy-to-follow training that fits your schedule.
• You get one-on-one mentorship if you’re new.
• Broker support is fast and personal. You’re not just a number here.

What Agents Are Saying: Agents at Real often mention how easy it is to get help when they need it. If you want personal support, Real makes you feel like part of a team.

Culture and Community: Real Broker Feels Like Home

eXp Realty

• eXp is a big company (over 85,000 agents worldwide).
• It can be hard to feel connected unless you’re part of a smaller group within eXp.
• Some agents say they feel lost in the crowd.

Real Broker

• Real is growing fast but still has a tight-knit feel (around 27,000+ agents as of 2024).
• Community and collaboration are a big deal here.
• You’ll feel like you’re part of something special, not just another agent in the system.

Why This Matters: If culture is important to you, Real offers a more personal, supportive environment.

Who Should Join Real Broker?

Real Broker is perfect for:

• New agents: who want mentorship and support.
• Experienced agents: who want higher splits and lower caps.
• Team leaders: looking for a simple revenue share program without huge recruiting requirements.
• Agents who want flexibility: Don’t want to be tied down by high monthly fees.
  
  
  

Real Broker vs eXp Realty in Canada

If you’re a Canadian agent, this part’s for you.

• Real Broker offers the same 85/15 split and $12,000 cap.
• There’s strong support for Canadian agents, with leadership based in Canada.
• eXp Realty Canada offers an 80/20 split and a $16,000 cap, same as in the US.

Why Canadian Agents Are Choosing Real: Better splits. Lower caps. And a growing community of agents who support each other.

Final Thoughts: Why Real Broker Comes Out on Top in 2024

Both Real Broker and eXp Realty offer exciting opportunities. But if you want:

• Better splits (85/15 vs 80/20)
• Lower caps ($12K vs $16K)
• Simpler revenue share
• More personal support and community
• Less fees, more flexibility

…then Real Broker is the smart choice.

Agents are joining Real because it’s designed with YOU in mind. Whether you’re brand new or a seasoned pro, Real helps you build a successful business—and a life you love.

Ready to Make the Move?

If you’re serious about growing your real estate career with Real Broker, now is the time to explore your options. Agents across the US and Canada are making the switch for a reason.

Learn more about why you should join our community here!
Learn more about Real Broker here!

FAQ: Real Broker VS. eXp Realty

Why do people leave eXp Realty?

Agents often leave eXp Realty because of high fees, complex revenue share requirements, and limited personal support. Some agents feel disconnected due to the company's large size and virtual structure. Many who leave are looking for a brokerage with simpler systems, better commission splits, and a more supportive community, which they find at Real Broker.

Is eXp a real estate brokerage?

Yes, eXp Realty is a cloud-based real estate brokerage. It operates entirely online without physical offices. eXp Realty provides agents with virtual tools, training, stock options, and a revenue share program, competing with other virtual brokerages like Real Broker.

What makes Real Broker different?

Real Broker offers a higher commission split (85/15), a lower cap ($12,000), and no monthly fees. Its revenue share program is simpler and easier to earn from. Agents often highlight Real Broker’s personalized support, strong community, and flexible stock options as key differences compared to eXp Realty.

Is eXp a good brokerage to join?

eXp Realty can be a good option for agents who want to work virtually and earn stock awards and revenue share. However, some agents find the fees high and the system complex. Many are now joining Real Broker for its better splits, lower fees, and more connected agent community.

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