What Transaction Fee does Exit charge for Transaction Sides generating a gross commission to the Franchise between $5,000.01 and $10,000?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
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These payments are due immediately upon the finalization of each transaction.
6. Transaction Fees
Every sales or leasing transaction involves two "Transaction Sides", a "Selling Side" and a "Buying Side". Each "Transaction Side" is subject to the following Transaction Fees, payable to EXIT immediately upon the finalization of each transaction:
a) Transaction Fees (Residential and Commercial)
Each Transaction Side is subject to a Transaction Fee as follows:
- i) The Transaction Fees payable on Transaction Sides generating a gross Commission to the Franchise of between $250.01 and $2,500 ("Minimum Commissions") shall be $50.
- ii) The Transaction Fees payable on Transaction Sides generating a gross Commission to the Franchise of between $2,500.01 and $5,000 shall be $150.
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, the transaction fee for a transaction side that generates a gross commission to the franchise between $5,000.01 and $10,000 is $225. This fee is payable to Exit immediately upon the finalization of each transaction.
Exit defines a transaction as having two sides: a selling side and a buying side. The transaction fee applies to each side of the transaction. This means that for a single real estate transaction, Exit could collect two transaction fees, one for the selling side and one for the buying side.
Prospective franchisees should consider the impact of these transaction fees on their overall profitability. It is important to factor in these fees when projecting revenue and expenses. Understanding the fee structure will help franchisees manage their finances effectively and ensure they can meet their financial obligations to Exit.