LPT Realty vs Epique Realty
(2024)
Choosing the right brokerage is key to thriving in real estate. In this post, we’ll compare two top models: LPT Realty’s “Rev Share Partner” plan and Epique Realty. Both offer cost-saving benefits, revenue sharing, and growth potential.
We’ll focus on how these models align and differ, highlighting why the “Rev Share Partner” plan parallels Epique’s approach. While LPT’s “Business Builder” plan is another great option, our spotlight will be on the model most comparable to Epique.
Ready to see how they measure up? Let’s dive in!
A Side-by-Side Look: Commission Structures at Epique Realty and LPT Realty
Choosing the right brokerage can significantly impact your bottom line as a real estate agent. Epique Realty and LPT Realty each have unique commission structures that cater to different needs. Let’s break down the details to help you decide which model aligns with your goals.
Epique Realty Commission Details
Commission Split: Agents earn 85% of their commission, contributing 15% to the brokerage.
Annual Cap: $15,000, with a standout feature—a declining cap. The longer you stay with Epique, the lower your cap gets, eventually reaching $10,000. This rewards agents who are committed for the long term.
Transaction Fees:
A 0.1% fee per transaction, capped at $500.
After reaching a cumulative transaction fee cap of $5,000, the per-transaction fee drops to $250.
Monthly Costs:
$99/month if paid annually or $149/month if paid monthly.
A one-time join fee of $99 when you sign up.
LPT Realty Commission Details
Commission Split: Agents retain 80% of their commissions, contributing 20% to the brokerage.
Annual Cap: $15,000. However, LPT does not offer a declining cap like Epique.
Transaction Fees: A flat $195 per transaction.
Other Costs:
No monthly fees or join fees.
A $500 annual fee, which covers technology tools and Errors & Omissions (E&O) insurance.
How to Choose the Right Fit
For Budget-Conscious Agents: If you’re just starting out or looking for lower upfront costs, LPT Realty’s lack of monthly fees might be appealing. Their flat transaction fees can also simplify your budget.
For Long-Term Growth: Epique Realty’s declining cap and reduced transaction fees over time make it an excellent choice for agents planning to build a lasting career. The structure is designed to help you keep more of your earnings as your business grows.
Both brokerages offer unique benefits, and the best choice will depend on your career stage and priorities. Consider your current financial needs and long-term goals to make the decision that works best for you.
Teams at Epique Realty vs. LPT Realty: What’s the Difference?
When choosing a brokerage, team structure and support can make a big difference, especially for agents looking to collaborate or lead. Both Epique Realty and LPT Realty offer team options, but their approaches vary significantly. Let’s explore how each brokerage supports team dynamics.
Epique Realty: Tailored Team Structures
Epique Realty provides a range of team options designed to fit different needs and business models:
Traditional Teams: A classic setup where a team leader operates with the standard $15,000 annual cap, while team members enjoy a lower $10,000 cap.
Power Teams: Ideal for high-performing teams with $40 million in annual sales or 140 transactions. In this model, team members have caps reduced to just $5,000, and transaction fees drop to $250, creating significant savings.
Family Teams: Perfect for family-based partnerships, each member has a cap of $7,500. While this cap doesn’t decline over time like other Epique caps, it’s still an attractive option for family duos.
Unofficial Teams: For agents who want to collaborate without formal structures, Epique offers the flexibility to form unofficial teams. Each agent maintains their individual cap but can share marketing resources and branding efforts.
LPT Realty: Flexible, But Less Defined
LPT Realty’s approach to teams is less structured than Epique’s. Their two primary plans, “Business Builder” and “Rev-Share Builder,” provide flexibility for agents to collaborate, but specific team benefits, roles, and splits are not as clearly defined. While agents may create informal partnerships, the lack of detailed team models may limit options for those looking for structured team support.
Which Brokerage Is Best for Teams?
If structured and flexible team setups are a priority, Epique Realty has the edge. With its range of options—tailored for traditional teams, high-performing power teams, family partnerships, and informal collaborations—Epique provides a more comprehensive approach to team support.
On the other hand, LPT Realty’s broader, less-defined team approach may work for agents seeking general flexibility without the need for structured team benefits.
Ultimately, the right choice will depend on how important formalized team structures are to your business goals.
Stock and Equity Ownership: Epique Realty vs. LPT Realty
Equity ownership can be a game-changer for real estate agents, especially when working for a company with the potential to go public. Both Epique Realty and LPT Realty offer stock and equity opportunities, but their programs differ significantly. Let’s break down what each brokerage brings to the table.
Epique Realty: Empowering Agents Through Equity
Epique Realty offers agents multiple ways to build ownership in the company:
Stock Purchase Program: Agents can invest in the company by purchasing stock at a 20% discount. You can allocate 5% or 10% of your commission earnings toward stock purchases, allowing you to actively grow your equity.
Free Stock Awards: Earn free shares through various milestones, such as your first sale, reaching your cap, or recruiting new agents. These awards are subject to a 3-year vesting period, promoting long-term commitment.
Current Stock Price: With shares currently valued at $0.53, agents have a unique opportunity to invest early before the company potentially goes public, which could significantly increase the value of their holdings.
LPT Realty: Rewarding Performance with Equity
LPT Realty takes a different approach, offering equity as a reward for agent performance:
Equity Rewards: Instead of a stock purchase program, LPT provides shares to agents through its badge system. These badges reward agents for hitting specific sales milestones, making equity ownership a recognition of success.
Key Differences in Stock and Equity Opportunities
Active Investment: Epique Realty’s stock purchase program empowers agents to take an active role in building their equity. With a discounted purchase option and opportunities to earn free shares, agents can align their success with the company’s growth.
Performance-Based Rewards: LPT Realty focuses on static equity awards tied to performance. While this recognizes agent achievements, it offers less flexibility for those who want to directly invest in the company.
Which Model is Right for You?
If you’re seeking a hands-on approach to equity ownership with the potential to grow alongside the company, Epique Realty stands out with its stock purchase program and multiple ways to earn shares.
On the other hand, if you prefer equity rewards tied to sales performance milestones, LPT Realty offers a straightforward and recognition-based system.
For agents who value building wealth and long-term growth opportunities, understanding these differences can help you make the best choice for your career.
Training and Mentorship: Epique Realty vs. LPT Realty
In the competitive world of real estate, ongoing training and access to quality mentorship can significantly impact an agent’s success. Both Epique Realty and LPT Realty provide tools to support their agents, but their offerings differ in approach and depth. Let’s explore what each brokerage brings to the table.
Epique Realty: Personalized Mentorship at No Extra Cost
Epique Realty prioritizes hands-on mentorship to help agents thrive:
Dedicated Area Leaders: Each agent is paired with an Area Leader, an experienced professional who provides personalized support, answers questions, and offers expert guidance.
Available to All Agents: Whether you’re just starting your career or are a seasoned agent looking for advice, this one-on-one mentorship is included at no additional cost.
Epique’s approach ensures agents have continuous access to a mentor who can help them navigate challenges and grow their business.
LPT Realty: Structured Training for New Agents
LPT Realty’s training program focuses on giving newer agents the foundational skills they need to succeed:
Agent PowerUp Program: Designed for agents with limited experience (three or fewer sales), this 12-week program provides a structured learning path to help them hit the ground running.
Emphasis on Early-Stage Development: While the program offers valuable training for beginners, LPT doesn’t appear to provide long-term mentorship or personalized guidance comparable to Epique’s model.
Which Brokerage Excels in Training and Mentorship?
For Personalized Support: Epique Realty’s dedicated Area Leaders make it the go-to choice for agents who value ongoing, one-on-one mentorship at every stage of their career. This tailored support can make a huge difference in building confidence and navigating challenges.
For Structured Training: LPT Realty’s Agent PowerUp program is a great fit for new agents who need a step-by-step framework to launch their careers successfully.
The Verdict
Both brokerages invest in their agents’ growth, but the best fit depends on your needs:
Choose Epique Realty if you want long-term, personalized mentorship.
Opt for LPT Realty if you’re a beginner looking for structured training to establish your foundation in real estate.
When it comes to agent development, finding the right balance between mentorship and training can set you on the path to success.
Benefits and Perks: Epique Realty vs. LPT Realty
The benefits and perks offered by a brokerage can significantly impact your bottom line, reducing recurring business expenses and simplifying your day-to-day operations. Let’s compare the standout perks from Epique Realty and LPT Realty to see how they stack up.
Epique Realty: A Suite of Free Services to Simplify Your Business
Epique Realty goes the extra mile to ensure agents save on essential services, offering a robust package of free perks that can make a huge difference:
Free Transaction Coordination: Save time and money with professional support to manage your deals.
Free Professional Listing Photography: Showcase properties with high-quality visuals without the added cost.
Free Yard Signs (Installation & Removal): Streamline your listings with this hassle-free service.
Free Car Washes: Keep your vehicle clean and polished at no cost.
Free Mental Health Services: Prioritize your well-being with accessible mental health support.
Affordable Dental & Vision Insurance: Enjoy comprehensive coverage for just $25 per month.
For agents who handle multiple listings or transactions each month, these perks translate into significant savings and convenience, giving you more time to focus on growing your business.
LPT Realty: Comprehensive Benefits at a Cost
LPT Realty offers a range of benefits through their LPT Plus plan, with pricing based on the chosen tier ($89 or $119 per month):
Healthcare with 24/7 Telemedicine: Access affordable healthcare options, including around-the-clock medical consultations.
Listing Photography: Elevate your property marketing with professional photos.
Transaction Management: Simplify your workload with transaction support.
Marketing Packs: Boost your brand with ready-to-use marketing materials.
While LPT’s offerings are valuable, many of these benefits require an additional monthly fee, which may add up over time compared to Epique’s complimentary services.
Which Brokerage Offers the Best Value?
Epique Realty: Ideal for agents looking for a cost-effective solution with a wide range of included perks. From free photography to mental health support, Epique’s benefits package is designed to enhance your professional life without adding extra expenses.
LPT Realty: A solid choice for agents willing to invest in a monthly plan for access to healthcare and marketing resources, particularly if these services align with their business needs.
The Bottom Line
When it comes to benefits, Epique Realty stands out with its extensive list of included perks, offering significant savings and convenience for agents at no additional cost. However, LPT Realty provides flexibility for agents seeking healthcare options and customizable plans, albeit at a higher price point.
Consider your priorities and budget to determine which brokerage’s benefits package best aligns with your goals.
Revenue Share: Comparing Passive Income Opportunities at Epique Realty vs. LPT Realty
Passive income is a powerful way for real estate agents to earn additional revenue while focusing on their core business. Both Epique Realty and LPT Realty offer revenue share programs, but their structures are quite different. Let’s break down how each program works and what they offer to agents looking to build a residual income stream.
Epique Realty Revenue Share: A Simplified, Accessible Model
Epique Realty offers a straightforward and flexible revenue share program, ideal for agents looking to build passive income without complex requirements:
5 Levels Deep: You can earn revenue from up to 5 levels of agents within your network.
10% on Each Level: For each agent you recruit, you earn a percentage of their commissions. This structure applies consistently across all 5 levels, giving you the potential to earn more as your network grows.
No Frontline Qualifiers: Epique’s revenue share is not dependent on how many agents you directly recruit. This means you can earn from all five levels, even if you have fewer direct recruits. This feature makes the program more accessible to a broader range of agents.
LPT Realty Revenue Share: More Levels, But More Complex
LPT Realty offers a deeper revenue share structure, but it comes with more restrictions:
7 Levels Deep: LPT’s program spans 7 levels, giving agents the chance to earn from a broader network.
Frontline Qualifiers: To unlock additional levels, you need a certain number of direct recruits. For example, one recruit unlocks tier 1, three recruits unlock tier 2, and so on.
Tiered Earnings: The highest earning potential is on tier 1, where agents can earn 25% of the 50% commission share, but this is only available to those in the Rev-Share Builder program.
Which Revenue Share Model Is Better for You?
Epique Realty: The Epique model is simpler and more accessible, with no restrictions based on direct recruits. This makes it an ideal choice for agents looking for consistent passive income without focusing heavily on recruitment.
LPT Realty: The LPT model offers a larger earning potential with its 7-level structure, but it’s more complex. It’s best suited for agents who are motivated to aggressively build a large recruiting network and are willing to meet the qualifiers to unlock higher earning tiers.
The Bottom Line
If you’re seeking a passive income stream with minimal restrictions, Epique Realty provides a more straightforward and attainable model. On the other hand, if you’re driven to expand your network and unlock deeper revenue share levels, LPT Realty’s more complex system could be appealing.
Consider your long-term goals and approach to recruitment to choose the revenue share program that aligns best with your business strategy.
Why Epique Realty Stands Out for Agents Looking for Long-Term Growth
When it comes to choosing a brokerage, there’s no one-size-fits-all solution. Both LPT Realty and Epique Realty offer unique advantages, depending on what you're looking for in your real estate career.
If you’re a newer agent focused on minimizing costs, LPT Realty might seem appealing with its zero monthly fees and simplified commission structure. However, for those in it for the long haul—looking for more than just low fees—Epique Realty offers benefits that go beyond the basics.
Why Epique Realty is the Smart Choice for Growth-Minded Agents
Epique Realty is built for agents who want more than just a good deal today—they want long-term success and professional development. Here’s why Epique stands out:
Declining Caps: Epique offers an annual cap that reduces over time, rewarding loyalty and encouraging agents to stay with the company as they grow their business. This can be a game-changer for top producers looking to maximize their earnings as they scale.
Personalized Mentorship: Epique’s Area Leader program pairs you with a dedicated mentor who offers tailored, one-on-one guidance at no additional cost. Whether you’re new or experienced, having that consistent support can make all the difference in overcoming challenges and achieving success.
Stock Ownership: Epique’s stock purchase program lets you buy shares at a 20% discount, providing an opportunity to build equity in a company that has big plans for the future.
The Long-Term Advantage of Epique Realty
Choosing Epique Realty means investing in your future. With personalized mentorship, the potential to own stock in the company, and a rewarding commission structure, Epique provides a path to both personal and financial growth. If you’re committed to your career and want to be part of a brokerage that’s focused on long-term success, Epique is the perfect fit for you.
Is Epique Realty Right for You?
If you value consistency, ongoing support, and the opportunity to earn passive income through stock ownership, Epique Realty should be at the top of your list. While LPT Realty offers lower upfront costs, Epique’s revenue share model, capped commission structure, and comprehensive benefits package give you the tools and incentives to grow your career for years to come.
Ultimately, the decision comes down to your career goals. Whether you prioritize immediate savings or long-term rewards, Epique Realty offers the most comprehensive package for agents who are in it for the long-term and ready to make a lasting impact in real estate.
