Carlos Ring

Exit Realty Residuals

Mon, Jun 21, 2010 at 3:30PM

One great reason to join Exit is our sponsorship program. Here is how it works: The EXIT Formula Pays Bonuses In 3 Ways: As an example, a $70,000 producer would generate a $7,000 bonus to the sponsoring agent. If this continued over 20 years at the same rate, then this associate would receive $140,000 in bonuses! These bonuses are not based on individual brokerage profitability As soon as the deal closes, the sponsor receives the bonus, usually within 72 hours, from EXIT Realty Corp. International, the franchisor. * Should the sponsor retire, then all the 10% bonuses that were being paid residually to that person, reduce to 7%, similar to a pension plan. The remaining 3% is paid to the broker where the sponsor’s license resides. From this point forward, amounts equivalent to 7% of the gross production of all of the recruits sponsored in by this individual are received on closing as before. This continues for as long as the recruits stay with EXIT and generate business. ** In addition to the 10% full-time bonus and the 7% retirement bonus, another residual or perpetual benefit has been added. This is the 5% beneficiary benefit bonus that is paid out should the sponsor become deceased for whatever reason. The sponsor’s pre-chosen beneficiary receives an amount equivalent to 5% of the gross production of all those he or she previously sponsored into EXIT. *The Sponsoring Bonus is paid by EXIT to a maximum of $10,000 per year per recruited agent.**The Retirement Bonus is paid by EXIT to a maximum of $7,000 per year per recruited agent.***The Beneficiary Bonus is paid by EXIT to a maximum of $5,000 per year per recruited agent.

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