Where can I find information about Exit's best hiring practices?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
- b) Franchisees control the actual hiring of Sales Representatives. Every effort should be made by Franchisees to develop a high-quality sales force to assist the public in the sale and purchase of real estate in an ethical and business-like manner. The Sponsoring process is intended to assist Franchisees in attracting this type of high-quality work force.
- c) A Sponsoring Bonus is paid to the person or persons responsible for the introduction that results in the recruitment of a new Sales Representative into the EXIT System (the "Sponsor"). Each EXIT Associate is eligible to receive a Sponsoring Bonus for Sponsoring equal to 10% of the gross Commissions generated by the Recruit.
- d) All non-licensed persons under written contract with a Franchisee, a Subfranchisor or EXIT are required to virtually attend and successfully complete EXIT's E-Boss online training course before being eligible to participate in EXIT's Sponsoring program.
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, Item 23 discusses the 'Sponsoring Bonus' program, which incentivizes the recruitment of new sales representatives. While it doesn't explicitly detail 'best hiring practices,' it does state that franchisees are responsible for hiring sales representatives and should strive to develop a high-quality sales force that operates ethically.
The Sponsoring process is designed to help franchisees attract this high-quality workforce. A 'Sponsor' can receive a bonus equal to 10% of the gross commissions generated by the new recruit, up to a maximum of $10,000 per year. To participate in the Sponsoring program, non-licensed individuals under contract with a franchisee must complete Exit's E-Boss online training course.
The FDD also mentions that Exit provides training manuals to franchisees, which contain confidential information on operating the Exit system. While the table of contents is provided to the franchisee, the specific details of the training manuals related to hiring practices are not detailed in this excerpt. A prospective franchisee should ask Exit for more information on the contents of the training manuals and any specific guidance they provide on hiring and training sales representatives.