Who is required to attend and complete Exit's initial training program to Exit Realty Upper Midwest and Exit's satisfaction?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
You and any individual who will serve as the administrator of your Franchise office must attend and complete the initial training program to EXIT Realty Upper Midwest and EXIT's satisfaction. Attendance must be at the next scheduled training following your execution of the Franchise Agreement. In addition, within 60 days after completion of the initial training, you must complete and attend the 1-day training course conducted by EXIT Realty Upper Midwest (if offered) at a location within the State of Iowa. There are no charges for the Iowa [insert your state] course or the materials. However, you are responsible for your own lodging, meals and incidental expenses. At the option of EXIT, some or all of the training may be online.
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, both the franchisee and any individual who will serve as the administrator of the franchise office must attend and complete the initial training program to the satisfaction of both Exit Realty Upper Midwest and Exit. This attendance is mandatory at the next scheduled training session following the execution of the Franchise Agreement.
Furthermore, within 60 days after completing the initial training, the franchisee must also complete and attend a 1-day training course conducted by Exit Realty Upper Midwest, if offered, within the State of Iowa. There are no charges for this Iowa-specific course or the materials, but the franchisee is responsible for their own lodging, meals, and incidental expenses. Exit also retains the option to conduct some or all of the training online.
Exit also offers an Advanced Broker Course known as the Master Broker Summit, which franchisees can attend after completing the Franchise Management Training Course. It is recommended that franchisees attend this advanced course at least once during the five-year term of the Franchise Agreement. Additionally, if a franchisee chooses to renew their Franchise Agreement, additional training will be required at the time of renewal.