| I talk to a lot of agents. It is really interesting to see their faces when I tell them that they will receive a 70/30 split on their commissions from day one, then a 90/10 split for the rest of the year,once they pass $100,000 in gross commissions for that year -- all with no desk fees. No new agent comes into EXIT unless they are sponsored in by another person already in the company. Agents who sponsor in new agents receive a sponsoring bonus equal to 10% of the gross commissions earned by every sponsoree, up to $10,000 per year, per agent recruited, for as long as both of them are still with Exit. These funds come out of company monies, without affecting the agent's 70%. There is no limit to the number of new agents you can sponsor in and you can sponsor agents into any of the nearly 1200 EXIT offices in North America. You can see their reaction in their faces without even hearing their words. Some are thinking, "The broker can't make money at that rate, EXIT will surely fold soon!" The reality is that EXIT brokers make a reasonable profit; most agents are used to working under brokers who make an outlandish profit so our margins seem small by comparison. Other agents are thinking "I like it where I am, it is safe and secure, I like my broker and the other agents I work with. To that I reply, "That's great, we only want to recruit agents who are happy and agreeable people!" It is an absolute fact that you will earn more and keep more of your earnings with EXIT.
So, you say, "I work at a desk-fee company where I keep 95% of my commissions." Nobody keeps 95% of their commissions, they just have you thinking that you do. Subtract your office rent (desk fee), copies, long distance, training and all the other charges you pay each month just to be there. If you are honest with yourself and keep accurate records, you will find that your actual commission after all those fees is between 78% and 84% -- and you have the risk of going into the hole if you have a dry month! You also are capped out at that percentage. That's not so at EXIT. In fact, when you add to listing commissions and selling commissions the third income stream of sponsoring bonuses into the equation EXIT agents frequently receive income greater than 100% of their gross commissions.
Sound too good to be true? Well, it's not! Since 2000, EXIT has paid out more than 1.4 million dollars in sponsoring bonuses to agents. Our office alone paid out over $100,000 in 2009 in sponsoring bonuses to agents in our office. Money that you are missing out on if you're not with EXIT today! You don't need a slide rule to figure out your bonuses at EXIT.
If all that blows you away, you won't believe this:
If you recruit in just 3 agents a year who each bring in an average of just $60,000 a year in gross commissions, at the end of 5 years your sponsoring bonuses would total $90,000 per year -- and that doesn't include your own sales!
When you finally decide to retire, your sponsoring income continues, as long as your sponsorees are still selling. That $90,000 a year at 10% in sponsorships would, however, become 7%, or $63,000 -- the only retirement program in the real estate industry. As an EXIT retiree, you can move wherever you want, you can continue to recruit (and grow your retirement income), and you can keep open the option of coming back to work at any EXIT office. EXIT even offers generous death benefits to your named beneficiary in the event of your death.
Beyond compensation, EXIT offers unmatched training. From seminars offered by our nationally-recognized EXIT International Corporate Training Department to ongoing weekly and monthly local training right in our office, nobody trains you and motivates you like EXIT.
The Broker in Charge at EXIT Realty Neighbors is a non-competing Broker. If you are currently working in an office with a sales manager who lists and sells or a Broker who lists and sells, they are taking money away from you! They are competing with you in the market place for the business that is out there. Do a quick search of the MLS for the sales procured by your sales manager or broker last year. Divide the dollars earned by the number of agents in your office and that's what you lost by being with a competing broker or sales manager. If it came down to you getting a commission or them, where do you think you stand?
I could go on, but you get the idea. If nothing else, you owe it to yourself and to your family to find out more about EXIT. If you'd like to learn more, lets get together and talk.
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