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Steve Morris
CEO and Founder EXIT Realty Corp. International

Why: Introduced a residual business model that let associates earn a percentage on the sales of their recruits.

Taking a page from the insurance sales industry, where he’d worked, Steve Morris built a franchise by giving each sales associate a share in the success of the entire enterprise. Exit offers sales associates 10 percent residual bonuses from the corporation on the transactions of other associates they bring to the company and mentor. This unusual compensation offering has enabled Morris to grow the franchise to 1,007 offices and more than 30,000 sales associates in less than a decade. Exit’s training is also getting rave reviews with its emphasis on mentoring and coaching as well as classes. After a stint with The Permanent, Canada’s third-largest real estate company at the time, Morris joined RE/MAX in 1984 and within a year was named Top Manager in North America by the franchise. During his tenure, he was also named Broker/Owner of the Year for multiple offices. A dozen years later, Morris launched a model that gave associates a shot at more than 100 percent earnings through residuals.  

Click here for the full article

 

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December 2006

   Reprinted from REALTOR® Magazine by permission of the NATIONAL ASSOCIATION OF REALTORS®. Copyright 2007. All rights reserved.  

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 The EXIT Formula - an idea whose time has come!

Click here to view the entire 18-minute video of the Greatest Story Ever Told in Real Estate


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 What's in a Name?

www.ExitRealty.com

 EXIT IS ILLUMINATED ABOVE EVERY CORPORATE DOOR IN NORTH AMERICA!
 
There are now over ONE TRILLION EXIT signs on the North American continent and everyone of them is paid for with other people's money!  It’s hard not to think about EXIT because you see it every place you go. Think about it
 
  • Signing off many computer programs requires you to EXIT 
  • At all movie theatres, EXIT signs are visually located near the screen 
  • An aircraft flight attendant's demonstration draws your attention to the EXIT sign 
  • EXIT signs in hotels point to safe passage 
  • Our competitors promote the name EXIT throughout their offices, seminars and conventions 
  • This company is more highly advertised than General Motors®, IBM®, Sony® or any other major corporation.  


 

The Exit Formula 

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10% Sponsoring Residuals
When a salesperson is introduced to management and recruited into EXIT, each transaction that they close generates a bonus that's equivalent to 10% 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, and not subtracted from the new recruit's commissions. And it continues perpetually for as long as the new recruit stays with EXIT and generates sales.

 

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 7% Sponsoring Residuals
Should an "EXIT" salesperson decide to retire from selling real estate, a "pension plan" is created from the sponsoring bonuses that he or she has established. Also, the retiring salesperson retains the privilege of enhancing this pension plan while in retirement by continuing to sponsor salespeople into the company.

 

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 5% Beneficiary Residuals
The sponsoring bonuses you have created turn into a beneficiary residual providing added security for your family.

 

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 With EXIT Residuals, you can potentially earn much more than 100%!
The more people you sponsor into EXIT, the more you increase your residual income. EXIT Realty annually pays out many millions of dollars in residual bonus checks as a perpetual "thank you" for helping to build the company.

 

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And all this, with NO DESK FEES!
Isn't it time you considered making the final business decision of your real estate career? Contact us today for detailed information on franchise and career opportunities with EXIT Realty. You'll be glad you did!

 


 

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 Exit's Blueprint for Success. 

 Click Here to read The Entrepreneur Newsletter.

 

 

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welcome to EXIT International Training

The growth of EXIT is substantially credited to the effectiveness & quality of our training programs. The mandate of the EXIT system is to give you every opportunity to get the most & best out of yourself and others. We have developed enhanced training systems that will equip and empower you with resources to achieve and surpass both your business & personal goals.

 

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Sonya Leonard