factual

To whom are fees and commissions for real estate transactions made payable at Exit?

Exit Franchise · 2025 FDD

Answer from 2025 FDD Document

All fees and commissions earned in connection with the sale, lease or rental of real estate and any interest in or service related to real estate are made payable to EXIT [Trade Name].

The fees may be jointly shared by Sales Representative with one or more sales representatives under contract with EXIT [Trade Name] or with one or more cooperating real estate sales representatives or brokers not associated with EXIT [Trade Name], as the parties may agree in writing, provided, however, Sales Representative shall promptly notify EXIT [Trade Name] in writing of the terms of the sharing arrangements.

Source: Item 23 — RECEIPT (FDD pages 42–235)

What This Means (2025 FDD)

According to Exit's 2025 Franchise Disclosure Document, all fees and commissions earned from real estate transactions are payable to EXIT [Trade Name]. This means that when a sales representative affiliated with Exit completes a sale, lease, or rental of real estate, the associated commissions are directed to Exit.

Exit then handles the disbursement of commissions. The fees may be jointly shared by the Sales Representative with one or more sales representatives under contract with EXIT [Trade Name] or with one or more cooperating real estate sales representatives or brokers not associated with EXIT [Trade Name], as the parties may agree in writing, provided, however, Sales Representative shall promptly notify EXIT [Trade Name] in writing of the terms of the sharing arrangements. Exit also deducts any indebtedness owed to EXIT [Trade Name] or EXIT, as outlined in this Agreement and the EXIT Formula.

This arrangement ensures that Exit maintains control over the financial aspects of each transaction and can properly allocate funds according to its internal policies and agreements. For a prospective franchisee, this means that they will not directly receive commissions from clients; instead, Exit manages the commission payments and then disburses the appropriate share to the franchisee, after any deductions.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.