What does Exit retain regarding an agent's discretion?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company agrees to make available to all Agents all information regarding Company listings. At Agent's request, the Broker/Manager agrees to furnish such advice, information, and full cooperation, as an Agent shall reasonably request. The Company agrees that they have no authority or right to direct or control an Agent's actions except where specifically required by law. Each Agent assumes and retains discretion for methods, techniques, and procedures in soliciting and obtaining listings and sales, and rentals or leases of listed property.
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, each agent working with an Exit franchise assumes and retains discretion for the methods, techniques, and procedures they use to solicit and obtain listings, sales, rentals, or leases of listed property. However, this discretion is not absolute.
Exit retains the right to ensure compliance with state laws and maintain minimum standards of quality control consistent with the real estate industry. This means that while agents have freedom in how they approach their work, they must still adhere to legal requirements and meet the quality standards set by the brokerage. The brokerage also agrees to provide agents with all information regarding company listings and furnish advice, information, and full cooperation as reasonably requested by an agent.
This balance between agent autonomy and company oversight is typical in the real estate franchise industry. It allows agents to leverage their individual skills and experience while ensuring that the brokerage maintains a consistent level of service and legal compliance. Prospective franchisees should understand that while they can expect a degree of independence in their day-to-day activities, they must also be willing to adhere to Exit's standards and procedures.