Real Estate Career with Exit Realty
Are you thinking of a career in Real Estate in Minnesota? Do you currently hold a license with another firm but are looking for a better deal? Then look no further than Exit Realty!
New Agents
Experienced Agents
Exit Offices
10% Sponsoring Residuals
When a salesperson is introduced to management and recruited into EXIT, each transaction that they close generates a bonus that's 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. And it continues perpetually for as long as the new recruit stays with EXIT and generates sales.
7% Sponsoring Residuals
Should an "EXIT" salesperson decide to retire from selling real estate, a "pension plan" is created from the sponsoring bonuses that he or she has established. Also, the retiring salesperson retains the privilege of enhancing this pension plan while in retirement by continuing to sponsor salespeople into the company.
5% Beneficiary Residuals
The sponsoring bonuses you have created turn into a beneficiary residual providing added security for your family.
With EXIT Residuals, you can potentially earn much more than 100%!
The more people you sponsor into EXIT, the more you increase your residual income. EXIT Realty annually pays out many millions of dollars in residual bonus checks as a perpetual "thank you" for helping to build the company.
And all this with no Desk Fees!
Isn't it time you considered making the final business decision of your real estate career? Contact us today for detailed information on franchise and career opportunities with EXIT Realty. You'll be glad you did!
Start Your Real Estate Career with Exit Realty
At Exit Realty our focus is on assisting you to make the most informed decision about entering a career in Real Estate. We will provide you with information about the industry, about the requirements of the career, and give you some insights about what it's like to work as part of the Exit Family. It's important to us that you make the right decision not only personally, but financially.
Minnesota Real Estate licensing requirements:
Applicant Qualifications:
# 18 years of age
# You do not need a high school diploma or equivalent
# You need not be a Minnesota resident Real Estate Education Sales Associate pre-licensing course of instruction consisting of 90 hours ( three 30 hour classes) and pass an examination after completing Course 1. Courses consist of information on Minnesota real estate law, principles and practices of real estate, real estate math, contracts, and more. Applicant must then schedule exam with approved testing center. Apply for Licensure Application for your state license, your signature, application fee, and your broker's signature. You must submit completed application to the Minnesota Department of Commerce, including Exam results, and completion certificates for all three courses. The exam is divided into two parts, a National exam, and a State exam. The state examination consists of 45 multiple choice questions with a 1 hour time limit. The national examination consists of 85 multiple choice questions with a 2 hour time limit. A grade of 75 is required to pass on each portion of the exams. Maintaining License To maintain your license you will need to successfully complete an additional 30 hours of education by the first renewal period. There is no grace period beyond expiration of the license! We strongly recommend you complete this course as soon as possible after receiving your initial license. Subsequent license renewals (those following the initial license period) require completion of 15 hours of continuing education each year, which can also be completed through live classroom attendance or distance learning; no examination is required. Out-of-state Sales Associates requesting a Minnesota license The state of Minnesota has entered into mutual recognition agreements with Colorado, Iowa, Nebraska, North Dakota, Oklahoma, South Dakota, and Wisconsin. Sales associates must hold active license in one of these states and submit Letter of Licensure from their state with application.
Applicants with active Wisconsin license: Attach a Course Completion Certificate documenting completion of a Minnesota salesperson course of at least 13 hours as well as passing results for the Minnesota State Laws portion of the exam.
Applicants with active CO, IA, NE, ND, OK or SD license: no additional education or examination required.
Out-of-state Associates, no mutual recognition agreement with Minnesota
Applicants must complete all licensing requirements as far as course work, only need take the State Laws portion of the exam, and submit Letter of Licensure from state in which a current active license is held.
Exit Offices
Exit Team Realty has currently three offices in the Minneapolis area, located in Eden Prairie, St Paul, and Wayzata. If these locations are not in your commuting area, you can always choose to work at another Exit franchise location from the below list. Exit is constantly growing and will be adding franchise locations across the state as they become available.
EXIT TEAM REALTY
250 Prairie Center Dr. Ste. 110
Eden Prairie, Minnesota 55344
Phone: 952 465 3100 Fax: 952 465 3201
EXIT TEAM REALTY - WAYZATA
1421 E. Wayzata Blvd.
Wayzata, Minnesota 55391
Phone: 952 697 5800 Fax: 952 695 5801
EXIT TEAM REALTY - CROCUS HILL
25 N. Dale Street Ste 210
St. Paul, Minnesota 55102
Phone: 651 288 6300 Fax: 651 288 6301
EXIT SIGNATURE REALTY
207 Jefferson Blvd. Suite 204
Big Lake, Minnesota 55309
EXIT REALTY WALSH ADVANTAGE
4830 West 77th Street
Edina, Minnesota 55435
EXIT REALTY PINNACLE GROUP
3352 Sherman Court, Suite 101
Eagan, Minnesota 55121
EXIT REALTY EXECUTIVES
10710 Town Square Dr. NE #200
Blaine, Minnesota 55449
EXIT PANKONIN REALTY
10880 175th Court # 240
Lakeville, Minnesota 55044
EXIT INNOVATION REALTY
639 Cleveland Ave South
St. Paul, Minnesota 55116
EXIT HOMES REALTY
277 Coon Rapids Blvd. #301
Coon Rapids, Minnesota 55433
