When are Transaction Fees payable to Exit?

According to Exit's 2025 Franchise Disclosure Document, Transaction Fees are 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, and each side is subject to these fees. The fees are calculated based on the gross commission generated for the franchise.

Specifically, the Transaction Fees for residential and commercial transactions are structured as follows: $50 for commissions between $250.01 and $2,500, $150 for commissions between $2,500.01 and $5,000, $225 for commissions between $5,000.01 and $10,000, $300 for commissions between $10,000.01 and $25,000, and $400 for commissions exceeding $25,000. For commissions paid in installments, each installment is treated as a separate transaction for fee calculation purposes.

In the case of referrals between Exit offices, the Transaction Fees are split proportionally to the commission earned by each office. For instance, if an office receives 25% of the commission, it pays 25% of the Transaction Fee. Additionally, all commissions entered into MEMO are subject to transaction fees unless the gross revenue is $250.00 or less. These fees are payable by the franchisee to both the subfranchise and Exit, and they are deducted from the sales representative's portion of the commission.