factual

What is the maximum Transaction Fee per year, per Sales Representative, for an Exit franchise?

Exit Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Fee Amount Due Date Remarks
Transaction Fee2 $50 - $400 per transaction side, not to exceed $2,700 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 Realty Upper Midwest and EXIT by electronic funds transfer or by such means as Subfranchisor and EXIT may direct.

Source: Item 6 — OTHER FEES (FDD pages 13–15)

What This Means (2025 FDD)

According to Exit's 2025 Franchise Disclosure Document, the maximum Transaction Fee is $2,700 per year, per Sales Representative. This fee is pro-rated in the first calendar year. The Transaction Fee is paid by the franchisee to Exit Realty Upper Midwest and Exit at the time of closing of each sales/rental transaction via electronic funds transfer or other means directed by the subfranchisor and Exit.

Transaction Fees range from $50 to $400 per transaction side. The amount of the fee depends on the gross commission earned on each side of the transaction. These fees are subject to change by Exit.

Prospective franchisees should consider the impact of these transaction fees on their overall profitability. It is important to understand how these fees are calculated and when they are due to ensure proper financial planning. Franchisees should also inquire about any potential changes to these fees, as they are subject to change by Exit.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.