Just thought I'd chime in. I am currently with KW. I am the team leader for a group of 7 agents. I looked into EXP in great detail. The total money in split didn't make sense for my team. EXP had a per transaction expense after capping. My current per transaction fee is $50 after capping (Which occurs at approximately $2.3M in my area and my agents cap after paying HALF what I pay in). As your sales volume goes up the difference between KW and EXP got smaller and smaller until it actually started going in favor of KW. Now that doesn't take into account stock options EXP provides, but I see that as negligible. Both offer the ability to "sponsor" agents and create an additional income flow. I don't focus on that aspect. I just do my thing and when people ask I point them towards KW. I personally think the KW brand is worth thousands per year. I like not having to explain that I am a realtor when I say I'm with Keller Williams. People hear this and know. My brokerage history is Coldwell Banker < RE/MAX < KW