Business partnership with eXp UK

What would you keep at eXp?

A rough guide. Put your numbers in and the page shows what the business keeps, what each fee earner keeps and what goes to eXp. The real numbers get worked through on a call.

1. The business

Total business annual GCI Gross commission invoiced by the whole business in a year, before any split.

Total transactions a year Whole completions across the business.

Average fee (worked out for you) Total GCI divided by total transactions. Every figure below uses this branch average fee.

2. You, the team leader

Your own transactions a year Deals you personally bank, at the branch average fee.

Your GCI Your transactions times the average fee.

Deals to cap

Your year, in stages	Deals	GCI	To eXp	You keep

3. Your fee earners

Number of fee earners A row appears for each one. Anything you have already typed stays put.

Set every split at once

Moves every slider below. Change any one afterwards on its own.

4. What the business keeps

Where the money goes	A year	A month	Share of GCI

5. What those fee earners cost you today

Employed, on a salary, with the employer costs on top.

Put each fee earner's current salary in. The rates behind every column are read from gov.uk and are listed with their source at the foot of this section. Change any of them in the assumptions panel.

Fee earner	Salary	Employer NI	Employer pension	Sick pay	Redundancy provision	Cash cost a year

Employed against self-employed

The same people, the same deals. On the left what the business pays to employ them. On the right what the business pays them as self-employed agents on the splits set in section 3.

What the business pays out	Employed	Self-employed at eXp	Difference

Where these rates come from

Figure	As read	Read on	Source

This page is not tax advice and it is not employment law advice. Employer National Insurance, pension, sick pay and redundancy all turn on facts about each employee that this page does not ask for. Check every figure with your accountant before you act on it.

6. Cash flow

A salary is a fixed cost. It does not care how the month went. A split moves with the income: a bad month for the business is a bad month for everyone, and a good month is a good month for everyone.

A bad month, as a share of an average month

Per cent of the average month's GCI.

A good month, as a share of an average month

Per cent of the average month's GCI.

The month	Fee earner GCI	Employed: paid out	Self-employed: paid out	Difference

7. Admin support, negotiators and the bills

The people and the costs that stay employed.

Switch this on to work through the staff and bills you keep carrying

Staff who are not fee earners

Role	Salary	Employer NI	Pension	Sick pay	Redundancy	Cash cost a year

Fixed business costs

Your own numbers. Nothing here is filled in for you, because a guessed portal price on a live page is worse than an empty box. Leave anything you do not pay empty.

These figures are Switch this and the four boxes below change meaning. The table converts them either way.

Property portals Rightmove, Zoopla, OnTheMarket and any others you pay for.

CRM

AML and compliance software

External training

Anything else

Office, insurance, accountancy, anything the four boxes above do not cover. Annual amounts. Nothing entered here is counted twice: the named costs and these rows add up once.

The fixed costs, added up

Cost	As entered	A year	A month

What the business carries

Three ways to cover it

Use one, or all three together. The last line is what is left after everything set here.

1. Roles that come out Taken from the bottom of the list upwards.

2. Monthly fee per agent to the business (£) Charged by your business, on top of what the agent pays eXp.

3. Points off every agent split

Percentage points, not a percentage of the split.

Option	What it raises or saves	Running shortfall

8. What the owner gets on top

Stock and revenue share. Neither comes out of anyone's commission.

Stock and shares

eXp World Holdings is listed, and agents are awarded shares. The count below is worked from the numbers you entered. Awards vest over three years.

Award	Rate	How many	Value	Who gets it

Revenue share, tier 1

Ten per cent of every agent's GCI goes into a revenue share pool. Tier 1, the agents you sponsored yourself, pays 17.5% of that pool. It is paid out of the 30% eXp takes, so it does not reduce anybody's commission, and it stops at the agent's cap.

Fee earner	GCI counted	Rate	To you, a year

The other six tiers

Headroom, not earnings. The numbers you entered have earned none of this. Tiers 2 and 3 pay on agents sponsored by the agents you sponsored. Tiers 4 to 7 open on the number of front-line agents who qualify.

Tier	Share of the pool	Per capping agent, a year	Opens at

9. Assumptions

Every rate on this page is editable here.

Open the assumptions and correct any figure

Work the real numbers through

This page is a rough guide. Bring your own figures to a call and we will go through them line by line, with the eXp UK terms in front of us.

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