eXp built the cloud brokerage model. That part worked. But the 80/20 split, $16K cap, and $85/month tech fee? That's the old math dressed in new clothes. eXp has lost agents 8 consecutive quarters — and the agents leaving aren't confused. They did the math. Here's what they found.
| Feature | LPT Realty | eXp Realty |
|---|---|---|
| Commission Split | 100% — you keep it all | 80/20 — eXp takes 20% |
| Annual Cap | $5,000 | $16,000 |
| Monthly Fees | $0 | $85/mo ($1,020/yr) |
| Transaction Fee (pre-cap) | $195/deal | $85/deal |
| Transaction Fee (post-cap) | $195/deal | $250/deal (drops to $75 after 20 post-cap deals) |
| Annual Fee | $500 | $149 startup |
| Revenue Share | HybridShare (Brokerage Partner plan) | Yes (multi-tier) |
| Stock / Equity | LPTA (Nasdaq reserved) | EXPI (Nasdaq — trading since 2013) |
| AI Tools | Dezzy.ai · RecruitAssist · Media Stack | kvCORE CRM |
| Agent Count | 21,000+ (growing) | ~82,000 (declining — 8 consecutive quarters) |
Same agent, same production. Two very different outcomes.
$862 more per month · $51,745 more over 5 years
Same clients. Same deals. Different brokerage.
Forget annual totals for a second — look at what each brokerage takes from a single commission check:
| Your Commission (2.5%) | LPT Charges | eXp Takes (20%) |
|---|---|---|
| $7,500 (on a $300K sale) | $500 | $1,500 |
| $11,250 (on a $450K sale) | $500 | $2,250 |
| $15,000 (on a $600K sale) | $500 | $3,000 |
| $25,000 (on a $1M sale) | $500 | $5,000 |
eXp's percentage model punishes your best deals. LPT's flat fee doesn't care if you sold a starter home or a lakefront estate — it's $500 either way.
The bigger your deals, the more you're overpaying.
eXp agents hand over 20% of every commission until they hit a $16,000 cap. At LPT, you pay $500/deal until $5,000. One-third the cap. You hit it faster. Everything after that costs $195/deal — not $250.
Not $85. Not $50. Zero. eXp charges $85/month whether you close deals or not. That's $1,020/year before you earn your first commission check. LPT charges $0/month. Your slow months don't cost you anything.
eXp gives you kvCORE — it's a CRM. LPT gives you an AI division: Dezzy.ai identifies and qualifies recruiting prospects. RecruitAssist automates follow-up. Media Stack creates content. These aren't features inside a dashboard. They're tools that work while you sleep.
eXp has had negative net agent growth for 8 consecutive quarters. Agents aren't leaving because they're confused — they're leaving because the math stopped working. LPT is the fastest-growing brokerage in history: 21,000+ agents, Deloitte Fast 500 #2, Inman Innovator Award 2024–2025. The momentum shifted.
No comparison page is complete without honesty. Here's where eXp still has an edge.
“I joined eXp in 2022 for the stock and rev share. After three years, I'd paid over $48,000 in cap and tech fees — and my rev share tree was generating $380/month. When I saw LPT's $5K cap and Dezzy.ai, I did the math in 10 minutes. My first year at LPT, I kept $11,200 more. Same deals. Same market. I just stopped overpaying for a cap I'd already hit.”
That's what the average eXp agent doing 12 deals at $450K leaves on the table every year. Your number might be higher. It might be lower. There's one way to find out.
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Over the last 8 quarters, eXp's net agent count has declined every single quarter. During that same period, LPT added thousands of agents — many of them from eXp. The agents doing the math are reaching the same conclusion.
The question isn't whether the math works. It's how long you wait before you run yours.