When selecting a real estate agency to start your career, you have many choices. Joining the right brokerage can make all the difference in your future, from the lifestyle to the financial benefits. Individuals starting out in and around Jersey City, NJ, will thrive by joining EXIT Realty Urban Living. They employ a unique formula for their team members that ensures a profitable career and retirement.
The EXIT Financial Benefits Formula
1. Sponsoring Residuals
Every time an agent with EXIT Realty refers a new team member to join, they qualify for sponsoring residuals. This means they earn 10% of the gross commissions gained by those recruits, for as long as they work with the brokerage. Moreover, it’s a win-win for everyone involved, as the payment is deducted from the brokerage’s commission, not the new agent’s.
2. Retirement Residuals
Once the agent decides it’s time to retire, they don’t have to give up their sponsoring residuals. They will continue to earn money equal to 7% of the gross commissions secured by each of the new team members. If they recruit people into the brokerage after their retirement, they still garner income from these individuals.
3. Beneficiary Benefits
Should something happen to you, there’s peace of mind knowing your loved ones are taken care of. The retirement income will convert to a 5% residual, which goes directly to your predetermined beneficiary. These benefits continue as long as your recruits are still generating sales with EXIT Realty.
Every year, EXIT Realty Urban Living and its head office pay out millions of dollars to their agents in residuals. These financial benefits in addition to what you make from sales are a formula for success. Contact their team online, or call (201) 380-4200 today to speak with a representative about starting your career at the company.