How is the Exit franchise Regional Development Fee paid?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Regional Development Fee3 | $35 per transaction side, not to exceed $500 per year, per Sales Representative (pro-rated in the first calendar year). | At the time of closing of each sales/rental transaction. | Payable by you to EXIT by electronic funds transfer. |
Source: Item 6 — OTHER FEES (FDD pages 13–15)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, the Regional Development Fee is $35 per transaction side, with a maximum of $500 per year for each Sales Representative, and is pro-rated in the first calendar year. This fee is paid by the franchisee to Exit by electronic funds transfer at the time of closing of each sales or rental transaction.
This means that each time a sales representative in an Exit franchise closes a deal, a $35 fee is due to Exit, up to a maximum of $500 per sales representative annually. This fee is collected at the time of closing, ensuring that Exit receives its share of the revenue promptly. The electronic funds transfer method streamlines the payment process, making it easier for franchisees to manage their financial obligations to the franchisor.
It's important to note that the Regional Development Fee is separate from other fees, such as the Transaction Fee and the Company Development Fee, each of which has its own payment schedule and allocation. Franchisees should carefully track these fees to ensure accurate and timely payments to Exit. Additionally, the FDD states that all fees are subject to change by Exit, so franchisees should stay informed about any potential adjustments to the fee structure.