Commonly utilized in the insurance and music industries, residual income is earned when someone does the work once and is paid over and over again for that work done. EXIT Realty introduced the concept of single-level residual income to the real estate industry and with the EXIT Formula, everyone in the Corporation can receive a “piece of the action” for helping to build EXIT through a process known as sponsoring.
At the company’s 2018 annual Convention held recently at the Gaylord National Resort and Convention Center in Washington, DC, two individuals were recognized as leading the company in taking advantage of this third dimension in real estate (for the awards period July 1, 2017 to June 30, 2018).
Recognized as the company’s Top Recruiter (Franchisee or Broker of Record) was Melvin Yates, Broker/Owner of EXIT Flagship Realty with offices in Upper Marlboro, MD and Washington, DC. Recognized as the company’s Top Sponsoring Agent was Dee Barino, Sales Representative with EXIT Landmark Realty in Clinton, MD.
Click here to learn more about EXIT’s unique Formula from U.S. Divisional President, Craig Witt. Try EXIT’s Residuals Calculator, here.
Mighty proud of you.