To Date Exit Formula
1.
SPONSORING IS A PROCESS WHEREBY AN EXIT ASSOCIATE introduces a potential recruit to management. If that recruit is hired, the EXIT associate who make the introduction receives a financial bonus from EXIT’s head office as the new recruit’s transactions close.
2.
Sponsoring is unlimited and can be practiced anywhere at EXIT right across the North American continent.
3.
Residual bonuses are single-level only. They are not multi-level in any way. If john sponsors in Mary and Mary sponsors in Bill, john receives no benefits as a result of Bill because he didn’t sponsor Bill into EXIT.
4.
EXIT’s standard commission splits are 70/30 up to $100,000 gross closed then 90/10 for the balance of the year, annually. The new recruit’s commissions are not influenced at all as a result of the sponsoring bonuses being paid out.
5.
The sponsoring bonus is equivalent to 10% of the gross commission received by the recruit during the time that the recruit is on a 70% split. This maximizes st $10,000 each year. It then perpetually continues each year the recruit remains with EXIT
6.
Sponsoring is mentoring with a vested interest it generates perpetual financial returns and creates an incentive to pass down wisdom. The more the recruit improves, the better the return to the sponsor.
8.
The process of taking listings and making sales has always defined real estate as a two-dimensional business. Sponsoring now adds a third dimension and a new income stream.
9.
A $5,000 single-side transaction generates a sponsoring bonus of $5000. This bonus is paid out to the sponsoring Associate by EXIT’S head office no matter what the financial status of the broker. Since EXIT’S head office pays all sponsoring bonuses there is no requirement for EXIT franchises to be in a profit position previous to pay out,
10.
EXIT Associates pay a deal fee of $150 per full transaction side to a maximum of 18full sides/ year or $2700. This is not a flat rate fee and it is not payable unless a transaction has been generated and closed. Forty-one dollars of this transaction fee is applied to national advertising.ious to pay out,
SPONSORING IS MENTORING WITH A VESTED INTEREST: IT GENERATES PERPETUAL FINANCIAL RETURNS AND CREATES AN INCENTIVE TO PASS DOWN WISDOM.
7.
Sponsoring can be split evenly between tow people for the initial introduction thus they would each receive 5% accordingly
11.
EXIT Associates pay a regional development fee of $35 per full transaction side to
