According to the Exit FDD, what are transaction fees applied towards?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
CHEDULE 2**
SALES REPRESENTATIVE PRORATED QUALIFICATION GUIDELINES
**PERTAINING TO CLOSED COMMISSIONS GENERATED AND TRANSACTION FEES PAYABL
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, transaction fees for sales representatives are applied toward a maximized transaction fee limit. Specifically, transaction fees for all sales, rentals, referrals, and partial transactions are applied toward the $2,700 maximized transaction fee limit per calendar year per sales representative.
This means that as an Exit franchisee, the transaction fees collected from your sales representatives' various activities contribute to meeting their annual transaction fee obligation. Once a sales representative reaches the $2,700 limit, they would not be charged additional transaction fees for the remainder of the year. This could serve as an incentive for sales representatives to continue generating transactions, as their individual fee obligation is capped.
It's important to note that Exit's proprietary software calculates all figures precisely, ensuring accurate tracking of transaction fees and the application toward the maximized limit. Franchisees should familiarize themselves with this software to effectively manage and understand the transaction fee structure within their Exit franchise.