Work-Life Balance and the EXIT Formula
Writing offers on a Friday night, spending Saturday and Sunday morning at open houses and starting all over again on Monday with fifteen showings across a 100 mile radius. “I put HOW many miles on my car today?”
Do these things sound like something you can relate to?
The Real Estate industry doesn’t take breaks, so Realtors don’t typically get to take breaks. It’s hard to disconnect from real estate long enough to get a full 8 hours of sleep, let alone spend enough time with your family. Homes are flying on and off the market within hours.
The number one frustration we hear from realtors is that they don’t have a great work-life balance. When they aren’t helping buyers or listing homes, they are working on their marketing. The income that they are providing for their family is dependent on two things: buying or selling real estate.
Can you see why it’s hard to take time off?
This is where the EXIT Formula comes in. The EXIT Formula provides income between closings to give real estate agents the consistency they need to provide for their families.
Here’s how it works:
EXIT Realty has introduced the concept of single-level residual income to the real estate industry and with the EXIT Formula, now everyone in the Corporation can receive a “piece of the action" for helping to build EXIT through a process known as sponsoring.
10% Sponsoring Residuals
When a salesperson is introduced to management and recruited into EXIT, each transaction that they close generates a bonus equivalent to 10% of the gross commissions earned by the recruit, payable to the individual who sponsored them into the company. The bonus is paid via EXIT's head office and not subtracted from the new recruit's commissions . It continues perpetually for as long as the new recruit stays with EXIT and generates sales.
7% Retirement Benefits
Should an EXIT salesperson decide to take a break or retire from selling real estate, his or her 10% sponsoring bonuses convert to 7% retirement residuals. The retiring salesperson retains the privilege of enhancing his or her income while in retirement by continuing to sponsor salespeople into the company
5% Beneficiary Benefits
Should something happen to you, the 10% sponsoring bonuses or 7% retirement residuals convert to 5% beneficiary benefits providing added security for your family. Is that something you have seen from any other real estate company?
How could the EXIT Formula change you (and your families) lives? Try out our Residuals Calculator. Contact Bill Pankonin to talk about opportunities now.
