FOR IMMEDIATE RELEASE
| Contact: | Susan Harrison |
| Senior VP Corporate Communications | |
| EXIT Realty Corp. International | |
| Phone: (905) 363-4059 | |
| E-Mail: sharrison@exitrealty.com |
EXIT Realty Pays $200 Million in Single Level Residuals
North American Real Estate Franchisor Achieves Major Milestone
Mississauga, ON (Grassroots Newswire) June 15, 2010 – EXIT Realty Corp. International today 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.”
More About EXIT Realty: Founded in Canada in 1996 and taking the U.S. by storm starting in 1999, EXIT Realty sold over half of the regional rights by population in under 365 days, was named as one of the Top 10 Trendsetters of 2007 by the Swanepoel Trends report, and Steve Morris was named one of REALTOR® Magazine’s 25 Most Influential Thought Leaders. A portion of every transaction fee collected by EXIT International is applied to its charitable fund and to-date, $1.68 Million has been pledged to Habitat for Humanity in both Canada and the U.S. Please visit http://www.exitrealty.com/ for more information.
2 comments:
Love the Exit Recruiter, however, it would really be nice if there was a blank space somewhere that we could place a label on it.
Thanks for your consideration
Richard Ziegler
Exit Twin Advantage Realty
951-253-3544
Residuals have come in handy more times than I can count. You just never know when an extra thousand, 2 or 3 a month will help. 7 yrs in Exit and our residuals are like a salary. Passive income, do the work once and get paid over and over. You can't beat it.
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