Key Points
- Top 1% Status: Elite recognition for agents achieving exceptional productivity and contributing to eXp’s community.
- Cap Reimbursement: Earn back your annual 16K Cap in eXp stock.
- Requirement 1: 20+ post-cap transactions or $500k+ Gross Commission Income (GCI) with 10+ deals.
- Requirement 2: Mentor peers, attend eXp events, and engage in community initiatives.
- Perks: Lead by example, boost credibility, and align long-term success with eXp’s growth.
In the competitive world of real estate, many agents feel stuck in a rut—juggling endless showings, chasing cold leads, and struggling to stand out in their market. If that sounds familiar, you’re not alone. Imagine earning the $16,000 you paid to eXp to cap but then earning your $16,000 back in company stock, bringing your commission split that year to a 100% payout!
Becoming an eXp ICON Agent is the dream of top producers worldwide, as recognized on the official eXp Realty ICON program page. But how do you turn that dream into a reality when time and energy feel stretched thin? Here’s your handy-dandy index:
Table of Contents
What is an eXp ICON Agent
Definition and Overview
Even more impressive, an eXp ICON Agent is a true luminary in the real estate industry. In short, they’re recognized for providing an extraordinary level of productivity and service to the eXp Realty community.
Only agents who achieve certain thresholds are eligible to earn this prestigious award. It represents the highest level of achievement and is in complete harmony with eXp Realty’s core values. These agents are part of the elite, top 1% of agents across the world.
They are excited about eXp Realty because they can not only get stock awards, but they get to recover their $16,000 cap in the form of EXPI stock. Naturally, the ICON Agent Award has become a favorite since it was created in 2015, and for good reason.
Role and Responsibilities
The role of an eXp ICON Agent goes far beyond selling. These elite agents give back by mentoring their peers, creating a culture of encouragement, dedication, and support that propels everyone forward.
They maintain an extraordinary level of ethics, and professionalism shines through on every deal. eXp ICON agents have a direct impact on eXp Realty’s culture through their involvement in initiatives and events.
This deeper level of engagement benefits both the community and helps to build stronger leadership within the organization. The benefits further attract top talent, solidifying eXp Realty’s global reputation as a leader in real estate.
Qualification Steps to Achieve eXp ICON Agent Status
- Meet production targets.
- Engage in cultural commitment.
- Participate in events.
1. Meet Production Targets
Agents can become ICON by meeting one of the following options after they have capped in a particular year:
- Do another 20 transactions thereby paying $5000 in capped status transaction fees or
- Do at least $500,000 Gross Commission Income (GCI) with a minimum of 10 closed transactions + payment of the ICON qualifying fee. ($5000 paid in capped status transaction fees or cash).
Upon meeting these production requirements, agents earn $8000 paid in EXPI stock with a 3 year vesting period.
2. Engage in Cultural Commitment
It deepens the eXp Realty culture and builds camaraderie among agents. By participating in community improvement efforts in various “give back opportunties, agents earn $4000 in company stock.
Engaging in mentorship programs or teaching in eXp World university events are two ways an agent can demonstrate alignment with a company’s desired culture.
This devotion creates new opportunities and fosters trust in the network.
3. Participate in Events
Going to eXp Realty approved events is a requirement for ICON. These events are dense with opportunities for cultural engagement and networking.
Whether it’s an annual conference, regional meet-up, ICON agents earn up to $4000 in EXPI by attending two such events.
Through active engagement, agents will increase their circle of influence and expertise, while connecting with like-minded agents, giving them a competitive advantage.
Strategies for Reaching eXp ICON Agent Status Quickly
Here’s a bullet list of strategies agents can implement to expedite their path to this prestigious status:
- Optimize sales techniques.
- Focus on client relationships.
- Leverage mentorship opportunities.
Optimize Sales Techniques
Personally, I think there’s a lot of untapped potential in improving the effectiveness of sales techniques to increase productivity and close rates. Implementing technology tools to automate sales processes and enhance client experiences is a secret sauce.
By committing to continuous learning and staying attuned to market trends, agents can keep themselves competitive and relevant. Using a CRM system allows for more efficient tracking and management of important client information.
At the same time, digital learning options help you keep your skills honed.
Focus on Client Relationships
Healthy vendor client relationships are critical for building repeat business and earning referrals. By making customer service and customer satisfaction priorities across your firm, you’ll earn impressive client experiences, which will convert into more sales and in turn, larger commissions.
By figuring out ways to customize their services, agents can meet their clients’ needs while keeping communication open and consistent via follow-up.
Leverage Mentorship Opportunities
Guidance from seasoned ICON agents offers priceless knowledge and accelerates career development. Getting involved in these mentorship programs at eXp Realty can unlock you to learning new strategies and perspectives.
This guidance assists newer agents in overcoming obstacles and establishing successful business practices more quickly.
Understanding the eXp ICON Agent Stock Awards
Stock awards are an important part of the ICON Agent honor within eXp Realty. They’re an important part of the overall compensation, serving as a signal of the company’s long-term intention to reward top-producing agents.
These awards reward agents, not only with upfront acknowledgement, but with an equity position in the company’s growth. By aligning their interests with that of eXp Realty, agents are incentivized to help achieve long-term success.
ICON agents can be awarded up to $16,000 in eXp World Holdings common stock. This is made up of an $8,000 Production Award, a $4,000 Cultural Commitment Award, and two $2,000 Event Attendance Awards.
Vesting and Restrictions
The vesting schedule for ICON stock awards requires agents to understand the timeline and any restrictions on sale or transfer. Agents are restricted from selling their ICON stock for a vesting period of at least 3 years.
By not immediately cashing out, agents can share in the upside that comes from growth. By taking this approach, ICON is rewarding loyalty and incentivizing agents to keep their skin in the game and success of the company.
The Special Sauce to ICON
Achieving eXp ICON Agent status isn’t just about crushing sales numbers—it’s about being the kind of agent who leads with excellence, gives back to the eXp agent community, and plays the long game for real growth. It’s one of the highest honors available to eXp Realty agents—and it comes with serious perks, including up to $16,000 back in stock.
But hitting ICON isn’t something most agents pull off solo. That’s where Smart Agent Alliance comes in. As your sponsor team at eXp Realty, we give you a massive head start with done-for-you lead systems, weekly masterminds, and the kind of support that actually moves the needle. You’ll have the roadmap, the resources, and the people who’ve already done it—cheering you on and showing you how.
Learn more about our team with eXp Realty – the only profitable publicly traded brokerage over the past five years and holds the prestigious title of the best brokerage to work for. The benefits of eXp Realty are unmatched and will truly exceed your expectations!
When you join our team, Smart Agent Alliance, you’ll get more FREE value than you’ll get anywhere else in the real estate business.
Some of what’s included:
- Smart Agent Alliance runs meetings so you can gain passive income. How awesome is that? It’s like free money.
- A done-for-you and hosted real estate attraction website
- Social Agent Academy Pro ($10,500 value) for social media marketing
- Weekly coaching sessions with top producers
- Customizable lead funnels, email campaigns, and marketing templates
- And more…
All free for agents who join through the Smart Agent Alliance sponsor line. To learn more about how eXp Realty and Smart Agent Alliance can help you scale your career. Not sure if eXp is the right fit for you? Take this quick quiz to find out if eXp is a good match, especially if support and systems matter to you.
Not sure how passive income grows? You can play with the numbers using our exp realty revenue share calculator to see how much you could earn.
Frequently Asked Questions
What is an eXp ICON Agent?
An eXp ICON Agent is an elite, productive eXp Realty agent. They outperform in sales and adherence to company culture, qualifying for unique recognition and reward opportunities.
What are the requirements for eXp ICON agent status?
To qualify for ICON status, agents need to meet a certain sales volume and transaction goal within a year, as defined by eXp Realty. These strict criteria make sure agents are truly the best of the best.
How can I achieve eXp ICON agent status?
The path to ICON status means meeting established sales and/or transaction goals within a single calendar year. Concentrate on developing a solid pipeline of clients and closing deals quickly.
What are the benefits of becoming an eXp ICON Agent?
ICON Agents benefit from receiving stock awards, gaining increased visibility within the industry, and earning enhanced professional credibility. This special status grants enhanced networking opportunities and personal growth within eXp Realty.
How can I be an eXp ICON agent quickly?
If you want to obtain ICON status in record time, increase your client exposure, improve your lead generation efforts, and close more deals, consistently… Effective time management will be critical.
What are the eXp ICON Agent Stock Awards?
As recognition for a job well done, ICON Agents are awarded up to $16,000 in EXPI company stock. These awards not only offer substantial financial benefits but create a vested interest in the company’s long-term success.
Why is cultural commitment important for eXp ICON Agents?
Cultural commitment is important because it is embedded in eXp Realty’s core values. Getting involved in company initiatives and being active in the community not only helps to show a commitment, but helps to build a strong company culture.
