eXp World Holdings is a real estate MLM founded in 2009 and based in Bellingham, WA. They offer a unique business model where agents can earn income through sales and a tiered commission structure.
Distributors, or associates, benefit from retail profits, team commissions, and performance bonuses, but they need to meet monthly purchase requirements to earn full commissions. Despite a B+ rating from the BBB and a solid 4.5/5 on Trustpilot, there's a concentration of earnings among top earners.
With a trust score of 86/100, eXp World Holdings is seen as a low-risk MLM, but potential members should still consider the income disclosure before diving in.
Best for: This is ideal for self-starters who have some experience in sales and can handle the unpredictable nature of real estate. If you're looking for a guaranteed paycheck or dislike sales, this might not be for you.
Yes, eXp World Holdings is a legitimate MLM company. They were founded in 2009 and are headquartered in Bellingham, WA. With a BBB rating of B+ and a Trust Score of 86/100, they have a solid reputation in the industry.
eXp World Holdings primarily offers real estate services. They focus on providing a virtual brokerage platform for real estate agents, which means their 'products' are the services and tools for agents to conduct business effectively.
Earnings at eXp World Holdings can vary widely. Their income disclosure shows that top earners make significant money, but most earn much less. The compensation plan includes multiple income streams like retail profit, team commissions, and bonuses, but success often depends on your effort and network.
Some complaints about eXp World Holdings revolve around their income structure. A common concern is the concentration of earnings among top earners, which can make it hard for newcomers to achieve high earnings. Additionally, monthly purchase requirements for full commissions can be a hurdle for some.
The eXp World Holdings compensation plan is a Stairstep Breakaway model. It includes various income streams like sponsor bonuses and leadership bonuses. You can rank up from Member to Presidential, with each level offering more earning potential.
Joining eXp World Holdings typically requires a startup fee, which is around $149, along with monthly fees of about $85. These fees cover access to their virtual platform and other resources.
eXp World Holdings has a BBB rating of B+. This rating suggests that they have a generally positive track record, but it's always good to read customer reviews and feedback for a fuller picture.
Compared to other MLM companies, eXp World Holdings stands out with its focus on real estate and virtual platforms. While some companies have high startup costs, eXp's fees are relatively low. However, the income potential can be less predictable than traditional sales jobs.
This is a stairstep breakaway plan. In plain English, that means you can earn money by selling products and by building a team. As you move up in rank by selling more and helping your team succeed, your earnings can increase.