What level of effort must the Exit franchisee, or a designated representative, devote to the franchise business?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
- (A) At all times, Franchisee shall maintain high ethical standards in the conduct of its real estate service, shall maintain its office in a clean and orderly manner, and shall provide efficient, courteous and high-quality real estate service to the public, of the same high quality and distinguishing characteristics as provided at Affiliates' offices, so that the real estate service operated under this Agreement will help to create and maintain goodwill among the public for the System on an international basis.
- (B) Franchisee, or if Franchisee is an entity, an officer, member, director, partner or other person named as the real estate broker of record, shall devote substantially full time efforts to Franchisee's business to be pursued under this Agreement.
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, the franchisee is expected to devote a significant amount of time and effort to the business. Specifically, the franchisee, or if the franchisee is an entity, an officer, member, director, partner or other person named as the real estate broker of record, must devote substantially full time efforts to the Exit business. This requirement ensures that the business receives the necessary attention and leadership to maintain high standards and contribute to the overall goodwill of the Exit system.
This full-time commitment is a standard practice in many franchise systems, as it helps to ensure consistent quality and service. For Exit, this requirement is tied to maintaining high ethical standards, keeping the office orderly, and providing efficient and courteous service to the public. By having a dedicated individual focused on the business, Exit aims to create and maintain goodwill for the System on an international basis.
For a prospective franchisee, this means that they should be prepared to dedicate their primary professional focus to the Exit franchise. If the franchisee is a business entity, it is crucial that the designated real estate broker of record is ready to commit full-time efforts. This requirement should be carefully considered to ensure that the franchisee can meet the demands of the business and uphold the standards set by Exit.