What actions are required before an Exit Associate can receive the remuneration package outlined in the FDD?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
The signing of the contract, the transfer of the real estate license and completion of the Associate Profile (see Section 9.f) below) are prerequisites to generate the remuneration package outlined in this document. EXIT Associates may not make use of the EXIT trade name or any other proprietary marks of EXIT, on business cards, signage or in any published media until these prerequisites have been met.
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, before an Exit Associate can receive their remuneration package, certain prerequisites must be met. For Sales Representatives, the requirements include formally transferring their real estate license under the Franchise's Real Estate Broker's License, executing a Sales Representative's Agreement approved by Exit, and completing the Exit Associate Profile. For all other Exit Associates, the requirements are executing a written contract with a Franchise, Subfranchise, or Exit, and completing the online Exit Associate Profile.
These steps are essential for an Exit Associate to be eligible for the remuneration package. Until these prerequisites are fulfilled, Exit Associates are not allowed to use the Exit trade name or any other proprietary marks of Exit on business cards, signage, or in any published media.
In summary, the signing of the contract, the transfer of the real estate license (if applicable), and the completion of the Associate Profile are mandatory before an Exit Associate can start receiving their remuneration and fully represent the Exit brand.