What listings and contracts involving the Sales Representative does Exit submit to the MLS?

According to Exit's 2025 Franchise Disclosure Document, Exit submits to the MLS all listings and any other real estate service contracts involving the Sales Representative, which may be required to be submitted by the rules and regulations of the MLS. This means that Exit is responsible for ensuring that all listings and contracts handled by its sales representatives are properly submitted to the local MLS, provided that the MLS requires such submission.

This requirement ensures compliance with local real estate regulations and standards, as the MLS typically has specific rules about what documents must be submitted. By taking responsibility for these submissions, Exit ensures that its sales representatives are operating within the bounds of these regulations. This also helps to maintain the integrity and accuracy of the information available on the MLS, which is crucial for both real estate professionals and consumers.

For a prospective Exit franchisee, this means that Exit handles the administrative task of submitting listings and contracts to the MLS, relieving the sales representatives of this responsibility. However, the sales representative must still ensure that all listings and contracts are taken in the name of Exit and promptly submitted to Exit for further processing and submission to the MLS. This division of labor allows the sales representatives to focus on sales and client service, while Exit manages the compliance aspects of the MLS submissions.