EXIT Realty Pays $200 Million in Single Level Residuals

EXIT Realty Corp. International announced that it has paid $200 Million in single level residuals to its associates across North America.

Founded in Canada in 1996 and expanding to the U.S. in 1999, EXIT Realty is a proven real estate business model that supplies multiple sources of income - for agents, security, stability and direction; for agents' families, security in the form of beneficiary and retirement residuals. As a reward for assisting in the growth of the company, EXIT associates earn residual income equivalent to 10% of the gross commission of agents referred into the EXIT system anywhere in North America. When an associate retires, this 10% residual continues at the rate of 7%. These retirement residuals are further enhanced by continuing to sponsor agents into the EXIT system. The residuals continue after death to the associate’s beneficiary at 5%.

Of this milestone, Founder and CEO Steve Morris had this to say in a bulletin to sales reps across the continent, “This is truly a fabulous plateau to surpass and my special congratulations go out to each and every one of you for all your hard work to make this possible.”