Careers - The Exit Formula
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All EXIT Associates Know They Are In Total Control Of Their Retirement With This New System with a system and process that bonuses agents residually as long as their sponsoring efforts are generating business with EXIT. They can create retirement monies at will, simply by assisting management with the sponsoring process into the corporation. This means more money for them later with a simple appointment.
This bonus is paid out by EXIT’s corporate office on the closing of each transaction. This is unlimited in scope. They can sponsor in as many as they want. In this way, they tap into the energies of others and create financial leverage through averaging.
As an example, a $70,000 producer would generate a $7,000 bonus to the sponsoring agent. If this continued over 20 years at the same rate, then this associate would receive $140,000 in bonuses! Should the sponsor retire, then all the 10% bonuses that were being paid residually to that person, reduce to 7%, similar to a pension plan. The remaining 3% is paid to the broker where the sponsor’s license resides. From this point forward, amounts equivalent to 7% of the gross production of all of the recruits sponsored in by this individual are received on closing as before. This continues for as long as the recruits stay with EXIT and generate business. **
In addition to the 10% full-time bonus and the 7% retirement bonus, another residual or perpetual benefit has been added. This is the 5% beneficiary benefit bonus that is paid out should the sponsor become deceased for whatever reason. The sponsor’s pre-chosen beneficiary receives an amount equivalent to 5% of the gross production of all those he or she previously sponsored into EXIT. |
