What is the minimum experience of the Exit initial training program instructors?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
| n. Insurance | 9 | 7 | |
|---|---|---|---|
| o. Advertising | 7, 9 | 6, 11 | |
| p. Indemnification | 31 | Not Applicable | |
| q. Owner’s Participation/Management/Staffing | 9 | 15 | |
| r. Records/Reports | 9,11 | 11 | |
| s. Inspections/Audits | 9,11 | 6,11 | |
| t. Transfer | 18 | 6, 17 | |
| u. Renewal | 5 | 17 | |
| v. Post-termination Obligations | 17 | 17 | |
| w. Noncompetition Covenants | 21 | 17 | |
| x. Dispute Resolution | 25 | 17 | The initial training program is conducted by EXIT Executives that are listed in ITEM 2 of this Disclosure Document. The minimum experience of these instructors in the field is relevant to the subject taught and our operations is 8 years. |
Currently, initial training programs are conducted a minimum of twice annually. The training program runs for 5 full days and covers each of the subjects listed in the Table of Contents of the Training Course Manuals. Training times and instructors for each subject vary from program to program.
You must pay the travel, lodging, meals and incidental expenses of those attending the initial training program. Training is presently conducted at EXIT's Mississauga, Ontario headquarters, Atlanta, Georgia and/or online. It may also be conducted at a location selected by EXIT Realty Upper Midwest. See Franchise Agreement, Article 9. EXIT charges you $500, if you sign up and fail to attend the training or if you cancel on less than 30 days' notice. If you cancel in less tha
Source: Item 11 — FRANCHISOR'S AND SUBFRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 19–24)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, the instructors for the initial training program are Exit Executives listed in Item 2. The minimum experience of these instructors in their respective fields and Exit's operations is 8 years. This indicates that Exit aims to provide franchisees with knowledgeable trainers who possess practical experience relevant to the real estate industry and the Exit franchise system.
For a prospective franchisee, this suggests that the initial training will be delivered by individuals with a solid understanding of the business. This can be beneficial as experienced instructors are more likely to provide valuable insights and guidance, potentially leading to a better understanding of the Exit business model and operational procedures. The initial training program runs for 5 full days and covers each of the subjects listed in the Table of Contents of the Training Course Manuals.
It is important to note that the specific training times and instructors may vary from program to program. Franchisees are responsible for covering the travel, lodging, meals, and incidental expenses for themselves and their staff attending the initial training program. Training is presently conducted at Exit's Mississauga, Ontario headquarters, Atlanta, Georgia and/or online. It may also be conducted at a location selected by EXIT Realty Upper Midwest. Exit charges a fee of $500 for failing to attend the training or canceling with less than 30 days' notice, and $1,000 for canceling with less than 10 days' notice.
Prospective franchisees should consider the costs associated with attending the training, including travel and accommodation, and factor these into their initial investment calculations. Additionally, understanding the content covered in the training program, as detailed in the Training Course Manuals, will help franchisees prepare and maximize the benefits of the training.