Equity Program and Awards FAQs

What is the Agent Equity Program?

All agents and brokers in good standing with the Company are eligible to participate in the Program. Participants, by submitting the Agent Equity Program Participation Form authorize the Company to set aside five percent (5%) of Agent Net Commission (after splits and fees) (“Shares for Payment”) on transactions which close in their name. The price for shares issued under the Program shall be at a 20% discount to the fair market value of the Company’s common stock, as determined by the average closing market price of the Company’s common stock in the 30 calendar days preceding the issuance date.

  • Not all agents are enrolled
  • Enrollment is optional
  • Shares are “Issued”
  • Agent Services handles the enrollment offering during onboard and after

What are Agent Equity Awards?

Our Agents earn shares, subject to vesting, when they close their first transaction, cap, or attract another professional into the organization. The number of shares awarded for these achievements corresponds with the number of agents who are in the organization and, as a result, with the growth and value of our agent-owned company and its underlying stock, maintaining value of awards for those agents who join us tomorrow, while recognizing the accomplishments and contributions of those who are with us today, and minimizing dilution.

How do I sign up for the Agent Equity Program?

The Agent Equity Program enrollment form is available at this RightSignature link. When completed the form automatically sends to Agent Services who will then process your enrollment.

https://rightsignature.com/forms/Equity-Program-En-06e203/token/12e9b20e4eb

Why are my Agent Equity Program shares not showing up?

If you have elected to participate in the Agent Equity Program and have accumulated an amount of $250.00 or greater in commissions to be paid via stock, the issued shares will be reported through the Last Update Date and on an ongoing monthly basis.

I’ve been enrolled prior to the last update date. Why are my Agent Equity Program shares still not showing up?

Please get in touch with Agent Services to confirm your enrollment and accumulated commission to be paid via stock in this program.

Why are my granted Equity Awards not showing up?

Equity Awards granted since 1/1/2014  through Last Update Date are currently available in the Enterprise application. Granted awards since the last update date will be reported on an ongoing monthly basis.

Why are my granted Sponsor Equity Awards not showing up?

Equity Awards granted since 1/1/2014  through Last Update Date are currently available in the Enterprise application. Granted awards since the last update date will be reported on an ongoing monthly basis.

Sponsor awards have an additional requirement that the sponsored agent closes their first transaction with the company before the award is granted. The full requirements are copied below.

Vesting requirement for Sponsor award: The sponsoring agent and the agent who joins and ultimately closed their first transaction must both remain in good standing with the Company for a period of 3 years from the date of the Company Board resolution acknowledging the achievement and eligibility

Is it possible that the sponsored agent that you are expecting to receive an award has not yet closed their first transaction with eXp Realty? If you feel this status is in error please don’t hesitate to let me know.

How do I transfer shares of EXPI to my personal investment brokerage account?

Shares issued under the Agent Equity Program are considered Restricted Stock. This restriction means that non-affiliated holders fall under Securities Act Rule 144 restrictions and these securities holders must wait 6 months before before starting a process to have the Restrictive Legend removed from the original stock certificate. 

See: Steps to Remove the Restrictive Legend from Your Shares of EXPI