What is a real estate brokerage office that joins the Exit System referred to as?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
Any real estate brokerage office that joins the EXIT System is referred to in this Disclosure Document as a "Franchisee." Franchisees offer real estate brokerage services to the general public as independently owned and operated entities utilizing the EXIT Trademarks together with a pre-selected "Trade Style" name in conjunction with the unique system and formula of EXIT.
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, a real estate brokerage office that joins the Exit System is referred to as a "Franchisee". These franchisees operate as independently owned and operated entities, offering real estate brokerage services to the public. They utilize Exit's trademarks along with a pre-selected "Trade Style" name, adhering to Exit's unique system and formula.
This means that if you decide to open an Exit franchise, your office will be recognized as a franchisee within the Exit system. You'll have the benefit of using Exit's established brand and operational methods while still maintaining your independence as a business owner. This setup allows you to leverage Exit's reputation and resources to compete effectively in the real estate market.
As an Exit franchisee, you'll be responsible for providing real estate services, hiring and recruiting sales representatives, and actively competing in the real estate brokerage business. You'll also need to ensure you have a valid real estate broker's license in good standing in the state where your franchise is located. This highlights the importance of understanding and complying with all applicable state and federal laws and regulations related to real estate.