I surf and I surf yet I cannot seem to find who coined this all-popular phrase but I can tell you it is not limited to basketball. Never has it had more importance in Real Estate than now, and those that understand basic finance understand the term net income. Net income is best described as retained earnings after deductions. I am in the Real Estate Franchising business as the Regional President of EXIT Realty Michigan and Illinois, and if I had a dollar for every agent that told me they made 100%, well, you know the rest. Is it that difficult to understand there is always a cost for doing business? Do the majority of agents really understand how to read a closing statement and discern not just their cut but how it relates to their payment structure at their brokerage? It is obvious, there is no free lunch and until EXIT Realty, there was no way to earn more than 100%. 

Now, let me be clear on something before I go on, there are many factors that influence an agents decision to work at a particular brokerage, but the split always ranks high in their choice. I was attending the IAR Convention in Illinois last week and spent the majority of my time having conversations with Realtors as they stopped by our exhibit. Overwhelmingly, the very first question they asked me was "what is your split"? Come on. Really? EXIT Realty may offer a generous split at 70% with a low transaction fee, but it is rarely about the split, it is about the net. How much do you take home for you and your family after all the long hours and hard work in this business. And, is what you are making (closing to closing) moving you closer to your financial goals?

EXIT Realty is built upon a bedrock foundation of being a Real Estate Company first, with the added value of an additional income stream that is simple to understand and real. It is the nature of real estate companies to recruit agents. If this is true, why have the most important job in a brokerage be left up to one person? Wouldn't it be nice if you could not only make a comfortable living on your commissions, but the added benefit of residual income? A piece of the action for helping your company grow with the right agents that understand the value of empathy? A back-up plan if you will, a steady flow of revenue tied to the production and leverage of others. It simply makes good business sense.

In the wheel of life, you should have spokes of income to stabilize your financial position. If any one of the spokes break or is removed, the others continue to support you. This simply put is residual income and we at EXIT Realty provide it. Single-level, NOT multi-level. Do you understand what that means? This is not smoke and mirrors, profit sharing, contingent or complicated to understand. 10% off the top, I am talking the gross, for those you introduce to the company, flows to you at each of your recruits closings with no one to hold it hostage; you are in control. Stop thinking about our unique name and start thinking like a business person, one that understands financial stability and leverage and explore our business model. The quicker you join EXIT Realty, the quicker your life will be enriched, and your financial position will be strengthened.

Brokers, now I am talking to you. If you ever wanted to own a Real Estate Franchise, now is the time. We will support you. We provide all the tools, technology and better training than that of our competitors, but with the added value of support from a company that cares about your success. Wouldn't it be exciting to be the first EXIT Realty office in your marketplace? The underdog, the new kid on the block with nowhere to go but up? The ability to create the reputation and image you want, with the strength of our business model behind you. Here is a secret, agents are looking for a new choice of Real Estate Company that is not the old, traditional model. They want more. The new generation of Realtors want more than just their sales commissions. The retiring agents want, well, to retire. But, few have income to do so. Retire with EXIT and earn up to 7% off each agent you sponsored into the company, forever, as long as they stay with EXIT. Is that better than what you have now? 

Independents-According to NAR, 82% of all Real Estate business is transacted by a franchise brand. We will help you roll your brokerage into an existing EXIT Realty office and watch your overhead go away and you can either retire or go back to selling. In fact, bring all your agents and you receive up to 10% off each of them! Perpetually! Not just a one time buyout of your desk furniture and old computers, but a perpetual income year after year. Not bad, eh? This creates mentoring whereby the better your recruits do, the better you do.

Franchise contract expired and scratching your head on what to do? Call us, it may be the best decision you ever make for your company. If you qualify, we promise to make the transition smooth and help you grow to the level you want.

Bottom line, your mind is like a parachute. It works best when open. Don't let others make your decisions for you. The grass may be greener at EXIT Realty, that is for you to decide. EXIT is not a good fit for everyone, we admit. However, if you are looking for a positive change in your Real Estate career, look no further than EXIT Realty. You are a Real Estate Professional! Pick up the phone and call me to visit for a few minutes, I promise not to waste your time. Visit our website to locate the Regional Owner or Franchisee closest to you to get started today.

Best of luck to you-

Craig Witt
877-669-3948 Direct
cwitt@miexit.com
exitrealty.com

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