Real vs eXp Realty: Cloud Brokerage Comparison for Agents (2025)
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In this episode we unpack the Speicher Group’s 2025 comparison of real vs exp realty — weighing commission splits and caps, stock and award programs, revenue-share mechanics, monthly fees, and the tech/support trade-offs that change your net pay and recruiting strategy. We translate the cap math, post-cap fees, and revenue-share differences into clear scenarios for solo agents, teams, and recruiters so you can decide which cloud model matches your production and long-term wealth goals.
What you’ll get from this episode
Exact economics: Real’s 85/15 split with a $12,000 cap and lower/no monthly fees vs eXp’s 80/20 split with a $16,000 cap plus an $85 monthly fee and per-file charges.
Revenue-share and stock primer: how Real’s 5-4-3-2-1 tier pays from the company side (no frontline qualifiers) vs eXp’s 7-tier matrix and ICON/stock reimbursement mechanics.
Real-world takeaway: net take-home often favors Real for agents doing ~20–40 sides/year, while very high-volume or global teams may prefer eXp’s scale and referral runway—we walk through the sample math.
Read the full article here: https://www.speichergroup.com/insights/real-vs-exp-realty. speichergroup.com