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Exit Realty Diversified 4525 Harding Road Suite 200 Nashville, TN 37205 Office: 615-463-8740 Fax: 615-463-8740
email: Sales@ExitDiversified.com
website: www.ExitDiversified.com
MAP to our office In the Belle Meade area of West Nashville
Your Nashville Real Estate Source |
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Exit Realty Corp International was founded in 1996 by Steve Morris in Toronto. Steve had been a top manager and agent recruiter for RE/MAX for fifteen years. Since that time, Exit has become the fastest growing real estate franchise ever.
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Steve Morris
CEO and Founder Exit Realty Corp. International
Why: 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.
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December 2006
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Reprinted from REALTOR® Magazine by permission of the NATIONAL ASSOCIATION OF REALTORS®.
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Steve Morris Background
Steve Morris is the inspiring Founder and CEO of Exit in Toronto, Ontario, Canada which opened for business on September 3rd, 1996.
In 1984, Mr. Morris joined RE/MAX and in 1985 was awarded the prestigious designation of Top Sales Manager in North America. In 1989, Mr. Morris earned the Top Broker/Owner of the Year award for multiple offices in Ontario/Atlantic Canada.
From 1984 to 1996, Mr Morris worked for RE/MAX of Toronto, Canada where he personally recruited more than three hundred and seventy-five (375) sales representatives into the RE/MAX system and built the Second Largest Office in North America, with over one hundred (100) agents. Prior to that, he was a Manager of the Permanent Real Estate Company, which was then the third largest real estate company in Canada with more than 90 offices. He was promoted to District Sales Manager over Southern Ontario, Canada, in 1981.
Prior to his career in real estate management, Mr Morris was a stock broker for six years and a top life insurance salesman for Manulife for three years.
To hear a Broker Agent News audio interview with Steve Morris, click here.
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