Sponsoring is an introduction process to management regarding recruiting that is remunerated residually via EXIT. The person who made the introduction receives a financial bonus from EXIT's head office as the new recruit's transactions close.

Sponsoring is unlimited and can be done anywhere at EXIT right across the North American Continent.

Residual bonuses are single level only. They are not multi-level in any way. If John sponsors in Mary and Mary sponsors in Bill, John receives no benefits as a result of Bill because he didn't sponsor him into EXIT.

The new recruit's commissions are not influenced at all as a result of the sponsoring bonuses being paid out.

EXIT's standard commission splits are 70/30 up to $100,000 gross then 90/10 for the balance of the year, annually.

The sponsoring bonus is equivalent to 10% of the gross production of the recruit during the time that the recruit is on a 70% split. This maximizes at $10,000 each year. It then perpetually continues each year the recruit continues with EXIT.

Sponsoring is mentoring with a vested interest: it generates perpetual financial returns and creates an incentive to pass down wisdom. The more the recruit improves, the better the return to the sponsor.

Since EXIT head office pays all sponsoring bonuses there is no requirement for EXIT franchises to be in a profit position previous to pay out.

A $5,000 single-side transaction at closing generates a sponsoring bonus equivalent to $500. It is paid out to the sponsoring Associate by EXIT's head office no matter what the financial status of the broker.

EXIT Associates pay a deal fee of $150 per full residential transaction to a maximum of 18 deals/year or $2700. This is not a flat rate fee and it is not payable unless a transaction has been generated and closed.

When an EXIT Associate, who has participated in sponsoring, retires, they continue to receive 7% residual bonuses. The other 3% goes to their broker. This continues for as long as those they sponsored in continue to make sales. A retired EXIT Associate may continue to sponsor in new individuals to management with no further responsibility regarding selling the product.

EXIT Associates designate a beneficiary when they join EXIT. Should an EXIT Associate become deceased for whatever reason then a special residual beneficiary benefit of 5% is dedicated to the beneficiary regarding sponsoring bonuses generated by that EXIT Associate. This continues for as long as those who had been sponsored in by the Associate continue to generate sales. The other 5% goes to the broker who licensed the Associate.

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