Why is EXIT Realty the fastest growing Real Estate Company North America?
The secret behind their unbelievable success in a very short time is due to sponsoring.
What is sponsoring? It is a system where an EXIT agent brings in another agent (what we call a Sponsor) to work at his or her office. If that agent is hired, the EXIT agent who introduced the new agent (sponsor) to the company receives a financial BONUS every time that new agent closes on a transaction.
This bonus comes from the head office not out of any agent's pocket.
This Sponsoring bonus is equal to 10% of the gross commission from the agent you recruited. This happens every year that the new agent is employed with the company and closes on each transaction.
When the agent who recruited that sponsor retires, and his or her sponsor is still actively working with the company, that retired agent will receive 7% residual bonus.
So, the more sponsors you have, the more money you'll make while you're sunning yourself on that tropical island or playing those 18 holes of golf!
Most agents don't have life insurance right...Well, you will now...Because once you join EXIT you will designate a beneficiary. If you become deceased, you loved one(s) will receive a 5% residual bonus from the agents that you sponsored into the company
EXIT's commission split is usually higher than other company's commission split as well. Splits are 70/30 up to $100,000 gross on closed transactions and then 90/10 for the balance to that current year.
Not only does the head office pay these bonuses out, they also dedicate $5.00 of each agent's transaction fee to Habitat for Humanity charity.
According to Swanepoel Trends Report published in February, 2007, EXIT Realty was ranked as the leading New National Real Estate Franchise. See their full report at www.retrends.com
Contact me to find out more...
Brenda Cahoon
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Brenda- Ok so you have my curiosity up...Why do all your posts say "Can you do something with this"?