Does the sponsor bonus come out of the sponsor or recruits commission?
No, the sponsor bonuses are paid by EXIT Realty Corp. International to the agent who sponsored the recruit as a thank you for helping to grow the business. The amount of the sponsor bonus is equivalent to 10% of the gross closed commission of the recruit’s transaction, but it is paid by EXIT’s Head Office, not by the brokerage and not by the agent. Let me make sure I understand – does the person who sponsored me into EXIT get some of my commission? NO. When you join EXIT, you let us know who is responsible for introducing you to the company. From that point forward, our centralized computer system, MEMO, keeps track of the transactions you close and then EXIT International pays residual income in the form of a bonus equivalent to 10% of your gross closed commission to your sponsor. You are paid your commission as usual by your office; EXIT’s Head Office looks after the payment of all sponsor bonuses. EXIT Realty’s unique formula of single level residuals is opening doors for income sta
