What is the Transaction Fee payable to Exit on Transaction Sides generating a gross commission to the Franchise of between $10,000.01 and $25,000?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
Each Transaction Side is subject to a Transaction Fee as follows:
- iv) The Transaction Fees payable on Transaction Sides generating a gross Commission to the Franchise of between $10,000.01 and $25,000 shall be $300.
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 specific commission bracket is outlined. For each transaction side that generates a gross commission to the Exit franchise between $10,000.01 and $25,000, the transaction fee payable to Exit is $300.
These transaction fees are due immediately upon the finalization of each transaction. This means that franchisees need to have systems in place to track and remit these fees promptly to Exit to stay in good standing with the franchise agreement.
The transaction fee structure is tiered, with different fees applying to different commission ranges. This fee structure applies to both residential and commercial transactions. Understanding these fees is crucial for franchisees to accurately forecast their expenses and profitability.