Excerpt from:  Real Estate Leadership
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July 29, 2008

EXIT Bob Linn Real Estate Merger

Merger between Yukon's Great American Realty and EXIT Bob Linn Real Estate a 'win-win' situation.

A “win-win situation” characterizes the recent merger between Yukon’s Great American Realty and EXIT Bob Linn Real Estate.  Frank Greer, former owner of Great American Realty, said, “I have a great deal of respect for Bob Linn, (owner and broker of EXIT Bob Linn Real Estate) as he has flourished under the direction of EXIT.  I feel this is the perfect opportunity to see our vested business interest witness exponential growth.  It is obvious that we work well together, and our merger is one that will benefit both of us.  Bob Linn is a man of ‘solid stature’ that has risen to the top of the Oklahoma real estate market by making prudent decisions that benefit all associated with his endeavor.”

EXIT Realty has solidified itself by offering fringe benefits that are unheard of in the real estate industry.   Linn says that while he was making his decisions to switch to EXIT he flew to Toronto, Canada, to meet Steve Morris, the CEO and Founder of EXIT Realty.  “The thing that impressed me the most when we looked to join EXIT was how they valued their employees,” said Linn.  “They offer incentives such as a retirement package, a notion that is exceptionally rare in the world of real estate.  It is evident that they are quickly setting the standard for an industry that is poised for unprecedented growth in the coming decades.” 

“As a small company, we didn’t have access to all the technological innovations that a group such as EXIT can afford,” Greer said.  “One of the things I find to be invaluable is their ‘Live Interactive Training,’ a utility that enables students and trainer to have two-way verbal/visual interaction.  Such a program ensures that the finest available teach our Realtors® the most promising practices to incorporate into their careers.  EXIT is the only company in Oklahoma City to offer such training and it signifies their passion for bringing out the very best in their employees.” 

EXIT Realty began 12 years ago in Canada and has subsequently exploded across the United States within the last nine years. The company’s vision originated by examining successful practices in the insurance industry, the world of music, and the ‘Sam Walton Business Model.’  “What EXIT came away with was a mission to do more than simply offer listings and close sales,” said Linn.  “Instead, it sought to revolutionize the industry by filling the gaps in between closings.  EXIT developed a solution that is bigger, stronger, and quicker than its competitors because it offers single level residuals that are even more fiscally sound than a profit sharing plan.”  While this is Linn’s first merger, he says it certainly won’t be his last. 

“We have had several mergers in our region,” says Laura Roussel, Regional Owner for EXIT Realty in Arkansas and Oklahoma.  “The EXIT system is perfectly suited for this.  Although the merger is an ideal situation for a small company that is struggling to be profitable in this market, it is also a viable option for someone wanting to retire or lessen their responsibilities and work load.   Or, as was the case with Great American Realty, they wanted to have access to the innovative training and technology that was not available to them as a small independent company.  We even had a 38 agent office merge into one of our existing EXIT offices.  In most circumstances, it is much more lucrative for the broker/owner to merge into the EXIT system and earn residual income than to sell the brokerage outright.”

For more information on franchise or agent opportunities with EXIT Realty visit our website www.ExitArOk.com or call 1-800-509-3948.   

by The Team at EXIT Realty
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