When will Exit Realty Upper Midwest provide an Exit franchisee with the minimum number of Sales Representatives required for their Protected Territory?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
ment. Subject to the foregoing Requirements for minimum number of Sales Representatives are as follows:
| Territory Size | Minimum # of Sales Representatives After 1st Year | Minimum # of Sales Representatives After 2nd Year | Minimum # of Sales Representatives After 3rd Year and Thereafter |
|---|---|---|---|
| Rural Density Territory | 3 | 5 | 7 |
| Low Density Territory | 5 | 7 | 10 |
| Medium | 6 | 12 | 20 |
| Density Territory | |||
| High Density Territory | 10 | 20 | 30 |
You may not relocate the franchise sales office, without the prior written consent of EXIT Realty Upper Midwest. Consent by EXIT Realty Upper Midwest for relocation of the franchise sales office is dependent upon the same factors as the location of the initial office, including competition and market analysis, proximity to other real estate offices and other potential sources of customers, building suitability, traffic and transportation, the nature and extent of adjacent businesses and the competitive advantages of a particular market. With EXIT Realty Upper Midwest's prior consent, you may establish another office within the Protected Territory. You are not charged another franchise fee for multiple offices within the Protected Territory. You do not receive the right to acquire additional franchises outside of your Protected Territory, unless you sign another Franchise Agreement with EXIT Realty Upper Midwest. Neither EXIT Realty Upper Midwest, nor EXIT, nor any of their Affiliates operate or plan to operate or franchise businesses under a different trademark that will sell goods or services that are the same or similar to those that you, as an EXIT Franchisee, will sell.
ITEM 13 TRADEMARKS
EXIT Realty Upper Midwest grants you the right to operate a real estate sales office under the "EXIT" or "EXIT Realty" trademarks, only in the manner authorized and permitted in the Franchise Agreement.
Source: Item 12 — TERRITORY (FDD pages 24–25)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, Exit Realty Upper Midwest determines the minimum number of sales representatives required for a franchisee's protected territory after analyzing the active Realtor population, market conditions, and area competition around the protected territory. Exit provides this minimum number to the franchisee no less than 7 calendar days prior to the execution of the Franchise Agreement.
The number of sales representatives required depends on the density of the territory. For a Rural Density Territory, the minimum number of sales representatives is 3 after the 1st year, 5 after the 2nd year, and 7 after the 3rd year and thereafter. For a Low Density Territory, the minimum number is 5 after the 1st year, 7 after the 2nd year, and 10 after the 3rd year and thereafter. For a Medium Density Territory, the minimum number is 6 after the 1st year, 12 after the 2nd year, and 20 after the 3rd year and thereafter. For a High Density Territory, the minimum number is 10 after the 1st year, 20 after the 2nd year, and 30 after the 3rd year and thereafter.
It's important to note that the Franchise Agreement grants Exit Realty Upper Midwest the right to terminate or modify a franchisee's exclusive rights to a Protected Territory if the franchisee fails to comply with the terms and conditions of the Franchise Agreement. Specifically, the exclusive area rights will terminate, and the Franchise Agreement may be terminated, if the franchisee fails to attain and retain the prescribed number of Sales Representatives within the designated period of time. This means that maintaining the required number of sales representatives is crucial for an Exit franchisee to retain their exclusive territory rights and avoid potential termination of the agreement.