What is the monthly fee for the mandatory MEMO software license from Exit?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
ve. As described in ITEM 8 of this Disclosure Document, EXIT licenses a proprietary software, known as MEMO, to Franchisees for $250.00 per month. The software license is mandat
Source: Item 1 — THE FRANCHISOR AND SUBFRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 6–8)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, franchisees are required to license the proprietary MEMO software from Exit at a cost of $250.00 per month. This monthly fee is mandatory, meaning all franchisees must pay it to operate their Exit franchise.
The MEMO software is a component of the Exit System, which Exit has developed to enable independently owned real estate brokerage offices to benefit from brand name identification and compete more effectively in the real estate industry. The Exit System includes trade names, service marks, trademarks, logos, commercial symbols, advertising, training programs, manuals, and referral programs.
For a prospective Exit franchisee, this mandatory software license fee represents an ongoing operational expense that must be factored into their financial projections. It is important to understand the features and benefits of the MEMO software to assess its value and how it contributes to the overall efficiency and profitability of the franchise. Franchisees should inquire about training and support for the software to ensure they can effectively utilize it in their daily operations.