What is the Exit transaction fee for a transaction side that generates a gross commission to the franchise of between $5,000.01 and $10,000?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
----------------------------------|--|--|
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.
Every sales or leasing transaction involves two transaction sides: a selling side and a buying side. Each transaction side is subject to transaction fees. These fees cover both residential and commercial transactions.
For a prospective Exit franchisee, this means that for every transaction where the gross commission falls within the specified range, $225 will be remitted to Exit. This fee is in addition to other fees such as the Company Development Fee and Regional Development Fees. It is important to factor this expense into the financial projections for the franchise.
It is also important to note that the transaction fee is deducted from the Sales Representative's portion of the commission.