Where can I find information about the Recruiting System for Brokers within the Exit franchise?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
ranchisee. The maximum Company Development Fee per calendar year per Sales Representative is $10,000 (pro-rated in the first calendar year).
- b) The Company Development Fee shall be paid by Franchise to EXIT at the finalization of each Transaction Side via electronic funds transfer. All Company Development Fees shall be deposited into a designated trust account by EXIT upon receipt.
- c) All Commissions of $250.00 or less, are not subject to Company Development Fees.
9. Sponsoring Bonus
- a) The introduction of a person ("Recruit") to the EXIT System, who is subsequently hired by a Franchise as an EXIT Associate, is a process known as "Sponsoring."
- 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 Recru
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, information regarding the recruiting system for brokers can be found within Item 23, specifically Schedule 2, which outlines the Exit Formula. The document details the 'Sponsoring Bonus' program, which is Exit's method of recruiting.
According to the FDD, the introduction of a person to the Exit System, who is subsequently hired by a Franchise as an Exit Associate, is a process known as "Sponsoring." Franchisees are responsible for the actual hiring of Sales Representatives and should make every effort to develop a high-quality sales force. The sponsoring process is intended to assist Franchisees in attracting this type of high-quality work force.
The FDD states that 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. The Sponsoring Bonus is paid by Exit up to a maximum of $10,000 per Recruit per calendar year (pro-rated in the first calendar year), less applicable Sponsoring Bonus Fees.