Steve Morris: CEO & Founder Exit Realty Corp. Inte

EXIT is unlike any other real estate company in North America.  The thing that makes us different is the EXIT Formula - a system of single-level residuals, consisting of 10% sponsoring residuals, 7% retirement residuals and 5% beneficiary residuals which has been specifically engineered to enhance the return on invested time for salespeople to unheard of levels. 

If a career in real estate is something you (or someone you know) have considered, let’s get together for a chat.

Steve Morris
CEO and founder Exit Realty Corp. International, Mississauga, Ont.
 

Steve Morris named one of "Real Estate's Top 25 Most Influential Thought Leaders" 

Why did Steve win? He introduced a residual business model that let associates earn a percentage on the sales of their recruits.

Taking a page from the insurance sales industry, where he'd worked, Steve Morris built a franchise by giving each sales associate a share in the success of the entire enterprise. Exit offers sales associates 10 percent residual bonuses from the corporation on the transactions of other associates they bring to the company and mentor. This unusual compensation offering has enabled Morris to grow the franchise to 1,007 offices and more than 30,000 sales associates in less than a decade. Exit's training is also getting rave reviews with its emphasis on mentoring and coaching as well as classes. After a stint with The Permanent, Canada's third-largest real estate company at the time, Morris joined RE/MAX in 1984 and within a year was named Top Manager in North America by the franchise. During his tenure, he was also named Broker/Owner of the Year for multiple offices. A dozen years later, Morris launched a model that gave associates a shot at more than 100 percent earnings through residuals.

 December 2006
Reprinted from REALTOR® Magazine by permission of the NATIONAL ASSOCIATION OF REALTORS®. Copyright 2007. All rights reserved.
 
 
 
 Motivational Poem

The Man In The Glass

When you get what you want in your struggle for self
And the world makes you king for a day,
Just go to the mirror and look at yourself
And see what the man has to say.

For it isn't your father or mother or wife
Whose judgment upon you must pass.
The fellow whose verdict counts most in your life
Is the one staring back from the glass.

You may be like Jack Horner and chisel a plum
And think you're a wonderful guy.
But the man in the glass says you're only a bum
If you can't look him straight in the eye.

He's the fellow to please-never mind all the rest,
For he's with you clear to the end.
And you've passed your most dangerous, difficult test
If the man in the glass is your friend.

You may fool the whole world down the pathway of years
And get pats on the back as you pass.
But your final reward will be heartache and tears
If you've cheated the man in the glass.

-Anonymous