Real Estate

Exit Realty

Woburn, MA · Founded 1995 · ERXL

EXIT Realty Corp. International offers franchises for the establishment and operation of real estate brokerage offices using the EXIT System, which includes brand identification, training programs, manuals, referral networks, and support services to enable independently owned real estate offices to compete more effectively in the real estate industry.

Read the 2026 FDD ↗www.exitrealty.com ↗

2026 Franchise 500

Unranked

518

units (2024)

—

year over year

Units by Year

585

2021

592

2022

568

2023

518

2024

Total outlets at year end, from FDD Item 20.

The Investment

Initial investment

$61,000 – $210,000

FDD Item 7

Franchise fee

$7,500

FDD Item 5

Ad fund

17.0%

FDD Item 6

Financial performance

FDD Item 19 disclosure

Royalty

All of the fees are nonrefundable.

Leadership

Willard L. Pankonin
Director and President
Bill Pankonin
Regional President – Upper Midwest
Cade W. Pankonin
Director and C.F.O.
Steve Morris
Founder and Chairman
Tami Bonnell
Co-Chair
Erika Gileo
C.O.O.
Stephen Nanan
C.F.O.
Joyce Paron
C.E.O. – Canadian Division
Robert McKinnon
Director of Leadership
Craig Witt
C.E.O. – U.S. Division

On File

FDD years

2026 2025 2023 2022 2019 2018 2017

Select a year to open the FDD

Franchisee records

306

Current roster rows

Signed, not open

FDD Item 20, Table 5

Franchising for

30 yrs

Franchise Disclosure Documents

PDFExit Realty FDD 2026Most recent · opens in a new tab PDFExit Realty FDD 2025Opens in a new tab PDFExit Realty FDD 2023Opens in a new tab PDFExit Realty FDD 2022Opens in a new tab PDFExit Realty FDD 2019Opens in a new tab PDFExit Realty FDD 2018Opens in a new tab PDFExit Realty FDD 2017Opens in a new tab

Units by Year

The Investment

Leadership

On File

Franchise Disclosure Documents

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