eXp Realty (AGNT, Inc.)
The 10-K says plainly that its revenue-sharing plan “pays under a multi-tiered compensation structure similar in some respects to network marketing,” that the company has received regulator requests for information about it, and that it may have to modify the plan in some jurisdictions. Agent count was flat in 2025 (83,060 vs 82,980), after falling from 87,515 in 2023.
Last verified: 2026-10-20
Unscored
Public (ticker AGNT). Renamed from eXp World Holdings on June 10, 2026; now a Texas corporation.
Not scored: no published residential rubric.
At a glance
| Legal entity | AGNT, Inc., formerly eXp World Holdings, Inc. |
| Headquarters | Bellingham, Washington (principal executive offices) |
| Model | Cloud and revenue-share |
| Score | Unscored |
What the filings reveal
The 10-K says plainly that its revenue-sharing plan “pays under a multi-tiered compensation structure similar in some respects to network marketing,” that the company has received regulator requests for information about it, and that it may have to modify the plan in some jurisdictions. Agent count was flat in 2025 (83,060 vs 82,980), after falling from 87,515 in 2023.
Key facts
| Fact | Source | Checked |
|---|---|---|
| 83,060 agents at the end of 2025 (82,980 in 2024; 87,515 in 2023). | source | |
| 440,163 real estate sales transactions in 2025, up 1%, with sales volume of about $194.0 billion, up 5%. Agent NPS 75. | source | |
| Describes a cloud-based model with low entry fees, stock ownership for agents and a revenue-sharing plan that pays agents on transactions by agents they attract. | source | |
| On June 10, 2026 the holding company changed its name from eXp World Holdings, Inc. to AGNT, Inc. and then redomesticated from Delaware to Texas. | source |
Financials
| Revenue FY2025 | $4,772.3M (FY2024 $4,567.7M) |
| Net loss FY2025 | −$22.7M (FY2024 −$21.3M) |
From the FY2025 annual filing as tagged in SEC XBRL (filing, XBRL).
Agent commission and fees
The 10-K does not state the standard split or cap, and eXp’s join page did not show fee terms when we checked. We list none rather than repeat third-party figures.
Who it’s actually for
- Agents who want income from recruiting through revenue share, and who accept the regulatory risk the company itself discloses.
- Agents who want equity: the filing lists stock ownership opportunities for agents.
What we could not verify
- Commission split, cap and fees: not on an official page we could read.
- Revenue-share tier percentages.
Related
eXp Realty (AGNT, Inc.) vs Real REMAX Group (Real and RE/MAX) · Residential hub · All residential profiles
Last verified 2026-10-20. Figures were re-read from the linked sources that day.
View changelog
- Profile published from filings read this day.
Sources
- AGNT, Inc. (formerly eXp World Holdings), Form 10-K for FY2025 (filed 2026-02-24) · accessed 2026-10-20
- AGNT, Inc., Form 8-K, name change and Texas redomestication (filed 2026-06-11) · accessed 2026-10-20
- SEC EDGAR XBRL company facts (revenue and net income as tagged in each annual filing) · accessed 2026-10-20
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