Julie Amodeo Sales Representative. Kelly Boutilier Sales Representative. Ken Arseneault Broker. Ken Gorman Sales Representative. Kim Eggiman Sales Representative. Kim Parker Sales Representative. Kristen Lawrence Sales Representative.
Kristin Georgiou Sales Representative. Linh Zandarin Sales Representative. Lisa Hatfield Sales Representative. Their job is to help the franchisees grow in that marketplace. This is a process known as sponsoring at EXIT. The other three percent goes to the broker because we want them to have cash flow, too.
So if I have to start all over again I have a great opportunity, or if I want to retire and go to the beach I can, and still have income. Exit Realty also does not charge its agents monthly desk fees. This commission split is in line with commission splits offered by competitor brokerage firms such as Keller Williams.
There is no limit on the number of agents that any single agent can sponsor, nor is there a location limitation. As such, an agent in San Francisco can sponsor one in New York. Obviously, this has led to the very rapid growth of brokerage firms and the franchise. Agents also pay fees based on the amount of commission earned. Discussions with agents and brokers indicate that the company fosters a spirit of cooperation among its independent contractor agents, as the success of their down-line sponsored agents directly results in income for the sponsoring agent.
Actively scan device characteristics for identification. When a salesperson is introduced to management and recruited into EXIT, each transaction that they close generates a bonus equivalent to 10 percent of the gross commissions earned by the recruit, payable to the individual who sponsored them into the company.
The bonus is paid via EXIT's head office. We offer a fair and generous commission split. Add to that the additional revenue stream of sponsoring and you can earn more than percent. Agents can sponsor anywhere there is an EXIT office and receive residual income no matter which office the person joins. Residual income is beneficial for people to put money towards retirement, second homes, pay for their grandchildren to go to college or even donate a portion to charity.
As many agents and brokers worry about their exit strategy, EXIT Realty also thought about retirement. Should something happen to the agent, their 10 percent sponsoring bonuses or 7 percent retirement residuals convert to 5 percent beneficiary benefits, providing added security for their loved one.
His wife now receives thousands of dollars in residual income because he was with our company.
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