Founded in 1996 by Steve Morris, EXIT Realty Corp. International has emerged as a leading force in the real estate franchising world, introducing fresh strategies to the industry.
With its headquarters in Mississauga, Ontario, Canada, the company began offering franchise opportunities shortly after its establishment and has steadily grown its footprint throughout North America.
EXIT Realty specializes in a broad array of real estate services, catering to both residential and commercial markets. Its offerings support a wide range of property transactions, meeting the diverse needs of clients.
A key differentiator for EXIT Realty is its distinctive single-level residual income model, known as the EXIT Formula. This approach empowers associates to build additional income streams by sponsoring and mentoring others, creating a unique pathway for financial and professional advancement within the organization.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Below are some of
Exit Realty
key competitors in the
Broker/Realtor
sector.
89
$7,500 - $25,000
$63,000
$212,000
n.a.
$0
$xxx,xxx
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PropertyGuys.com
Under $25K
4
$20,000
$22,000
$81,000
n.a.
$0
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
1 Percent Lists
Under $25K
30
$15,000
$23,000
$59,000
n.a.
$0
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
LakePlace.com
$50K - $100K
6
$10,000
$51,000
$115,000
n.a.
$0
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
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Exit Realty provides several types of training programs to its franchisees to ensure the effective operation of their offices:
Exit Realty grants franchisees a Protected Territory where they have the exclusive right to open an EXIT office. This protection covers only the office location and not the sale of real estate services, meaning other EXIT franchisees can still sell within the Protected Territory.
To maintain territorial protection, the franchisee must comply with agreement terms, including staffing requirements. If the franchisee defaults, Exit Realty can terminate or reduce the Protected Territory, and competition through internet sales and other channels is allowed.
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