Exit Realty agents across the nation know all about the beauty of residuals in the introduction of new agents to the company. The innovative residuals program developed by EXIT founder Steve Morris has led to the company's phenomenal growth. Since 2000, more than $125 million in residual bonuses have been paid to agents by EXIT Realty Corp. An amazing $66 million was paid in 2006 alone. With the incredible success and growth of EXIT, the company recognized that these residual payments to agents could be handled much more efficient if the transactions take place electronically.
EXIT sales associates now receive this bonus money on their EXIT Success Card, which is similar to that of your debit card that you have received from your financial institution. This efficient method cuts the use of paper and mailing out of the equation and puts the funds in the hands of the agents faster.
The secret of EXIT Realty system is really no secret at all. The company's founder recognized that in order to grow the business internationally, the agent had to have an incentive to introduce other agents to the company. That incentive came in the form of a residual bonus paid to every sponsoring agent when an agent they introduced closes a transaction.
Today more then 40,000 real estate associates have joined this company. With more then 1200 franchised offices now located in North America. Brokers and agents are discovering there is a difference in the industry and that the difference is one of the most recognizable names in the world -- EXIT.
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