# LPT Realty
LPT Realty is a U.S. cloud-based residential real estate brokerage headquartered in Lake Mary, Florida, that recruits licensed agents under flexible commission plans, a multi-level revenue-share program, and equity incentives.
## Facts
- Founded: 2022
- Headquarters: 1400 S International Pkwy, Suite 1020, Lake Mary, Florida, 32746, United States
- Category: Residential real estate brokerage
- Compensation plan: Hybrid agent-compensation model: agents choose between a flat-fee plan (500 per transaction, 5,000 annual cap) or an 80/20 split plan (15,000 cap), both layered with a seven-level agent revenue-share/recruiting program and stock (equity) awards for qualifying activity
- Ownership: Private (operates under parent holding company LPT Holdings, whose sibling luxury brand is Aperture Global Real Estate); has reserved the Nasdaq ticker "LPTA" and stated intent to pursue an IPO, but is not currently a publicly traded company (LPTA (reserved for a planned future listing; not yet publicly traded))
- Scale: Approximately 15,000 licensed agents affiliated with the brokerage as of 2024, per industry reporting
- Key markets: United States
- Website: https://www.lpt.com
- Phone: +1 (877) 366-2213

## Overview
LPT Realty is a residential real estate brokerage launched in 2022 by Robert Palmer, who had previously founded the mortgage company RP Funding. The brokerage runs on a cloud/virtual model, meaning agents operate under the LPT license largely without traditional branch offices, drawing on centralized marketing, technology, and training resources coordinated from its Lake Mary, Florida headquarters. Rather than transacting directly with home buyers or sellers, LPT Realty's core offering is aimed at licensed real estate agents: it lets them pick between a low flat per-transaction fee plan or a percentage-split plan, each with an annual cap, and it supplements this with a multi-level revenue-share structure tied to agent recruiting plus company stock grants for qualifying activity. Agents pay a separate annual fee and per-transaction technology fee on top of their chosen plan. Since launching, the company has expanded quickly, reporting billions of dollars in aggregate annual sales volume and roughly 15,000 affiliated agents by 2024. Its parent entity, LPT Holdings, has been acquiring adjacent technology companies, has launched a sibling luxury brokerage brand (Aperture Global Real Estate), and has reserved the Nasdaq ticker "LPTA" while publicly signaling an intent to pursue an initial public offering, though as of this writing the company remains privately held.
Canonical: https://plondo.com/business-from-home/companies/lpt-realty

## Sources
- LPT Realty official site (lpt.com): https://www.lpt.com
- LPT Realty LinkedIn company page (ownership status, HQ website): https://www.linkedin.com/company/lpt-realty-corporate
- Real Estate News: forces fueling LPT Realty's rapid rise (launch year, parent company name): https://www.realestatenews.com/2025/11/05/a-closer-look-at-the-forces-fueling-lpt-realtys-rapid-rise
- Real Estate News: LPT Realty reaches major milestone in IPO lead-up: https://www.realestatenews.com/2025/08/06/lpt-realty-reaches-major-milestone-in-ipo-lead-up
- HousingWire: LPT Realty, Aperture Global book their spot on the Nasdaq ticker: https://www.housingwire.com/articles/lpt-realty-aperture-global-book-their-spot-on-the-nasdaq-ticker/
- Inman: LPT Aperture Holdings Acquires Humaniz And Reside: https://www.inman.com/2026/02/03/lpt-aperture-holdings-acquires-humaniz-and-reside/
- Smart Agent Alliance: Real vs LPT Realty comparison (comp plan details): https://smartagentalliance.com/blog/brokerage-comparison/real-lpt/