What is Cade W. Pankonin's role within Upper Midwest Realty, Inc. for the Exit franchise?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
Cade W. Pankonin Upper Midwest Realty, Inc Director and C.F.O.
In 2005, Cade joined EXIT as the Franchise owner of EXIT Pankonin Realty located in Lakeville, Minnesota. He also held the Broker of Record role for this office as well as EXIT Now Realty located in Big Lake, Minnesota until 2011. From 2010 to 2016, he was a Customer Experience Manager with Asset Marketing. In 2013, he joined Upper Midwest Realty, Inc in Webster, Minnesota, as a Regional Director. In 2016 he took on a position as an Insurance Producer with Insurance Advisors Inc. located in Plymouth, MN. In 2017, he became the Chief Financial Officer for EXIT Realty Upper Midwest located in Lakeville, Minnesota and currently holds this position. On December 15th, 2020 he became Regional Director for EXIT in Kansas, Missouri and Nebraska.
Source: Item 2 — BUSINESS EXPERIENCE (FDD pages 8–11)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, Cade W. Pankonin holds two positions within Upper Midwest Realty, Inc. He is a Director and also the Chief Financial Officer (C.F.O.).
Cade's experience with Exit began in 2005 as a Franchise owner of EXIT Pankonin Realty in Lakeville, Minnesota, where he also served as the Broker of Record for that office and EXIT Now Realty until 2011. He later joined Upper Midwest Realty, Inc. in 2013 as a Regional Director. Before becoming CFO, he also worked as an Insurance Producer with Insurance Advisors Inc.
His dual role as Director and CFO suggests he has significant influence over the financial and strategic direction of Upper Midwest Realty, Inc., which is a subfranchisor for Exit. This indicates a strong leadership position within the organization. Additionally, on December 15th, 2020 he became Regional Director for EXIT in Kansas, Missouri and Nebraska.