How is the commission rate pro-rated for Exit Sales Representatives in their first year?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
artment at support@exitrealty.com or by phone at 888-668-3948 extension 4080.
- n) Sales Representative is responsible for ensuring Sale Representative's information is up to date and keeping administration aware of any required changes. Sales Representative can make changes to Sale Representative's profile on the RC.
- o) Sales Re
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, a Sales Representative's commission is pro-rated during their first year. The standard commission rate is 70% on the first $100,000 of gross commission and 90% of the balance per calendar year. This pro-rating is done in accordance with the "Pro-rated Qualifications Guidelines chart attached as Schedule 2."
For a prospective Exit franchisee, this means that the commission structure is adjusted to reflect the portion of the year they are active as a Sales Representative. This ensures fairness for those who join mid-year, as they are not held to the same annual targets as someone who has been with Exit for the entire year.
It is important to note that the specific details of how the commission is pro-rated are found in Schedule 2, titled "Pro-rated Qualifications Guidelines chart," which is referenced but not included in the provided excerpts. To fully understand the pro-ration, a prospective franchisee should carefully review Schedule 2 and ask Exit for clarification on any aspects of the pro-rated commission structure that are unclear.