For Exit, what is the Transaction Fee for Transaction Sides generating a gross commission 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 transaction side generating a gross commission between $10,000.01 and $25,000 is $300. This fee is payable to Exit immediately upon the finalization of each transaction.
Exit defines a real estate 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 every transaction, Exit collects two transaction fees.
As an Exit franchisee, it's important to understand how these transaction fees impact your revenue. These fees are deducted from the sales representative's commission, so it's crucial to factor this into commission structures and agent compensation plans. Franchisees should also be aware of the other commission tiers, as the transaction fee varies based on the gross commission amount.