Wow...I received my Exit Success Card in the mail this week! I couldn't help myself, I started hitting the Staples Button that sits on the edge of desk.
That Was Easy!
What is an Exit Success Card? Well, Exit Realty calls it mailbox money, however if you live in a high cost area like the Northern Virginia area, it's a lot more than mailbox money. It's mortgage money and car payments and money for my retirement account!
As an Exit Realty Agent when you invite/introduce another agent to Exit Realty and they join, you will receive an Exit Success Card.( that is of course if they mention your name) the Exit Success card is a Pay Card! Every time your sponsored agent closes a real estate transaction, Exit Corporate deposits 10% of the gross commission dollars collected onto your Exit Card.
Yup...you read that right!
In our area, let's just take the average sale of $250,000.Imagine a $250,000 Sale with a three percent commission. That's $7,500 Gross. Well Exit Corporate calculates 10% of that and makes a $750.00 deposit onto your Exit Success Card. This happens for each agent you sponsor and you can earn up to $10,000 per year- per agent! Depending on who follows you to Exit, you could have a significant cash infusion very soon..on your Success Card.
Well I don't know about you, however that extra cash can help me grow my real estate career and help balance the ups and downs of commissioned income.
I wish I had known about Exit when I started real estate, I'd be retired by now. "In my opinion Exit Realty is the best real estate company I've ever seen." Speaking of retirement, guess what? Exit continues to send you money after you retire ( as long as your sponsors are still producing) The deposits are reduced to 7% of the gross commission, however when your traveling about or visiting with family, money still comes in. And if you die....well your family member is still cared for. Yes we can name a beneficiary and that person will continue to receive your sponsored agents bonus money. The payments are reduced to 5% of the gross commission but isn't nice to know that money still flows in to your loved one! To me that is huge.
How much retirement income can you expect to receive from you current broker?
Do you have questions? Just call me I will be happy to share why I like the Exit family. Want to learn more.. Listen to Steve Morris founder of Exit Realty explain how everything works.
If this post leads you to seek the financial security for your family, will you help me help mine? Call me so I can put you in touch with a local Exit Broker in your area or when you interview please share with them you read this post and it was Peggy James of Exit 1st Choice Realtyin Woodbridge Virginia 22192 who opened your eyes to Exit Realty. Don't hesitate to call with questions.703-851-3085
Search Immediate Delivery Homes, Foreclosure Deals, Approved Short Sales, Vacant Homes, Just Listed Homes, Just Reduced Homes, New Homes even For Sale By Owner Homes listed on the MLS Begin Here
The views expressed herein are my personal views and do not reflect the views of Exit 1st Choice Realty.
Thanks for the info I love all the thing I learn on active rain.
Liz
It's interesting to hear further details of all the different business models.
I didn't realize that they offered that at Exit. Nice compensation plan!
Liz- I agree. I joined AR last June and I learn something new everyday.
Donna- there are so many. I've been a Realtor for 17 years. If this buisness model had been in place then, I would be retired like my insurance agent is!
Jason- check this out...here is a calculator link. Just do the math.