Travis Juntti

Schedule Free Video Call

Schedule Free Video Call

Epique Realty: Understanding Caps, Splits, and Fees in 2024

Epique Realty CAPS

If you’ve been researching real estate brokerages and stumbled across Epique Realty, you’re probably curious about its commission structure and fees. There’s a lot of hype around cloud-based brokerages, and Epique Realty is gaining attention for its straightforward structure and agent benefits.

In this post, I’m breaking down the nuts and bolts of Epique Realty’s commission splits, caps, and transaction fees so you can make an informed decision. Let’s dive in and see if it’s the right fit for your business.

Commission Splits at Epique Realty

Epique Realty operates on an 85/15 commission split, meaning agents keep 85% of their commission, while 15% goes to the brokerage. However, this isn’t forever—once you hit a cap of $15,000 paid to the brokerage in a year, you then receive 100% commission on additional deals.

This system makes it simple to understand: the more you sell, the more you keep. Hitting the cap, especially if you’re closing high-value transactions, means you can significantly boost your income by keeping the full commission after the cap.

Transaction Fees

Transaction fees can sometimes feel like hidden surprises, but Epique Realty’s structure is clear. On each transaction, there’s a 0.1% fee based on the gross sale price of the home. This fee is capped at $500 per transaction.

To break it down:

  • Selling a $200,000 home? Your transaction fee is $200.
  • Selling a higher-priced home, like a million-dollar property? Your transaction fee maxes out at $500.

This fee applies before and after you cap but remember that once you’ve paid $5,000 in total transaction fees, this amount drops to $250 per transaction.

Monthly Fees and Technology Costs

Epique Realty offers flexible monthly payment options. Agents pay either $149 per month or can lower it to $99 if they choose to pay the annual fee upfront. This fee covers your access to essential technology, keeping you equipped with everything you need to close deals.

There’s also a power agent option, which allows returning agents to access the $99 rate by hitting certain milestones. Whether it’s annually or monthly, the flexibility helps you control costs based on your unique business needs.

No Surprise Fees

Many brokerages love to stack on hidden fees—franchise fees, royalty fees, desk fees, just to name a few. Thankfully, Epique Realty skips all that nonsense:

  • No franchise fees
  • No royalty fees
  • No desk fees
  • NO E&O insurance costs (yes, free E&O insurance)

From a financial standpoint, what you see is what you get. The only additional upfront cost is a $99 onetime startup fee when you join.

Declining Cap for Long-Term Agents

One of the standout features of Epique Realty is the declining cap. Loyalty is rewarded with a reduction in the cap over your first five years with the company. Here’s how it works:

  • Year 1: $15,000 cap
  • Year 2: $14,000 cap
  • Year 3: $13,000 cap
  • Year 4: $12,000 cap
  • Year 5: $11,000 cap

From Year 6 onwards, your cap settles at a low $10,000, helping you keep more of what you earn with every deal. This descending cap is a huge advantage for agents planning to stick with the brokerage long-term.

Teams and Special Caps

If you’re working on a team or leading one, the compensation structure looks a little different. Team members benefit from a lower cap, starting at $10,000. it’s only the family team that can share a cap. The traditional team, the team leader has the declining cap and the team members are at 10k. Power teams the team lead 15k with the declining cap, but the team members would be 5k, as per ICA

This is ideal for agents or families working closely together, as you can maximize what you collectively keep while sharing the financial commitment.

Transaction Fee for Teams

Power teams and larger teams may also see reduced transaction fees. For solo agents, the cap on transaction fees is $250 after hitting the $5,000 milestone.

For teams, the fee can be as low as $125 depending on their setup and transaction volume. If you’re leading a team or thinking of joining one at Epique Realty, this could save you even more money in the long run.

Key Takeaways

To put it all into perspective, here’s a recap of Epique Realty’s commission schedule:

  • 85/15 commission split until you cap at $15,000.
  • After capping, you keep 100% of your commission.
  • Transaction fees are 0.1% of the sale price and capped at $500 per deal.
  • Monthly fees range from $99 to $149, with flexibility based on your preferences.
  • No hidden fees: no franchise fees, no desk fees, no E&O costs.
  • Declining cap that rewards loyalty ($1,000 less for each of the first 5 years).
  • Teams benefit from shared caps and reduced transaction fees.

What’s Next?

Epique Realty provides a clear and straightforward commission structure, making it attractive for agents who want to scale their business without dealing with complex or unpredictable fee structures. If you’re tired of excess fees eating away at your earnings, Epique Realty might be the right fit.

But here’s the thing: no brokerage is perfect for every agent. Epique Realty is ideal if you’re looking to balance manageable fees with long-term growth options. However, if you’re simply chasing the lowest possible fees, there are brokerages out there that offer other models. It all depends on what works best for your goals.

Let’s Talk

If you want to dive deeper into the benefits and unique opportunities that come with joining Epique Realty, feel free to reach out. You don’t have to make any commitments—just ask your questions, and I’ll do my best to help you evaluate your options.

Whether you’re thinking about making a move this year or just curious about how Epique Realty might change your real estate business, I’m happy to discuss.

Frequently Asked Questions

Team members start off at only $10K Cap, and are
already at the lowest level Cap offered.

For individual agents and Team Leaders, our monthly
technology fee is $149. You can pay as little as
$99/month by pre-paying the entire year up front
($1,188 total).

For Team Members and Power Awardees the monthly
fee is reduced to just $99 per month on a month-tomonth basis.

Yes, there are several capping milestones. Each transaction has a $500 transaction fee cap. Once you’ve paid in $5,000 in transaction fees, the transaction fee cap gets reduced to $250.

it is 0.1% of the Gross Sales Price of the home.

There are no Transaction Fees for Leases, but there is for Commercial.

Yes, transaction fees will apply even after you cap.

Leave a Comment

Your email address will not be published. Required fields are marked *