factual

What is the prerequisite for receiving Exit Sponsoring Bonuses, Retirement Benefits, awards, website presence, and access to Exit resources?

Exit Franchise · 2025 FDD

Answer from 2025 FDD Document

  • d) All non-licensed persons under written contract with a Franchisee, a Subfranchisor or EXIT are required to virtually attend and successfully complete EXIT's E-Boss online training course before being eligible to participate in EXIT's Sponsoring program.

  • c) An EXIT Associate may "retire" from the real estate business entirely and continue to receive Sponsoring Bonuses by signing an Affidavit stating that they will not work in any capacity for a competing real estate company.

The EXIT Associate will continue to be affiliated with EXIT under the umbrella of the Franchise or Subfranchise that formerly held the EXIT Associate's license or contract, with the approval of the Franchisee or Subfranchise.

  • a) All EXIT Associates are automatically eligible to receive Sponsoring Bonuses at the rate of 10% until December 31st of the year in which the EXIT Associate joins EXIT.

For those EXIT Associates who join after October 1st, the 10% eligibility will continue for the remainder of the calendar year in which the EXIT Associate joins EXIT, and for the entire calendar year following.

  • b) If the EXIT Associate does not close a minimum of eight Transaction Sides or earn at least $40,000 in gross closed Commissions per calendar year (pro-rated in the first year and extended as noted in Section 10.a) above for those EXIT Associates who join after October 1st), the EXIT Associate shall be designated "part-time" for the following calendar year. (This minimum sales production does not apply to Franchisees or Subfranchisors.)

Source: Item 23 — RECEIPT (FDD pages 42–235)

What This Means (2025 FDD)

According to Exit's 2025 Franchise Disclosure Document, to be eligible to participate in Exit's Sponsoring program, all non-licensed persons under written contract with a Franchisee, a Subfranchisor or Exit are required to virtually attend and successfully complete Exit's E-Boss online training course. This prerequisite applies to receiving Exit Sponsoring Bonuses.

To continue receiving Sponsoring Bonuses after retiring from the real estate business, an Exit Associate must sign an Affidavit stating that they will not work in any capacity for a competing real estate company. The Exit Associate will continue to be affiliated with Exit under the umbrella of the Franchise or Subfranchise that formerly held the Exit Associate's license or contract, with the approval of the Franchisee or Subfranchise.

All Exit Associates are automatically eligible to receive Sponsoring Bonuses at a rate of 10% until December 31st of the year they join Exit. For those who join after October 1st, the 10% eligibility extends to the end of the joining year and the entire following calendar year. However, if an Exit Associate does not close a minimum of eight Transaction Sides or earn at least $40,000 in gross closed Commissions per calendar year (pro-rated in the first year and extended for those joining after October 1st), they will be designated "part-time" for the following calendar year. This minimum sales production requirement does not apply to Franchisees or Subfranchisors.

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.