Referral Agents LLC allows you to earn money and keep your real estate license without paying any MLS or Realtor® association fees. To join, you must be a licensed real estate agent (salesperson or broker) in Virginia. If you are inactive, you may also activate your license with us.
How it Works:
- Qualification:
Any licensed agent in Virginia may join us. You may transfer an active license or activate an inactive license. If you not yet licensed and have passed the PSI exam, you may also join us.- Join Us:
- * Transfer your license to us (or activate if inactive). Your membership is only $150/year total.
- * You pay no Realtor® Association fees, no MLS fees, no office fees.
- * We will email you with the DPOR TransferForm-DPOR (or Activate form if inactive).
- Your license status:
- * You will be an active licensed agent with Referral Agents LLC, a licensed Virginia real estate company.
* Don’t lose your hard-earned license.- Referral Income:
- * You can make referrals anywhere in your state or in the USA. You have the choice of finding a Realtor® for the referral or let us do the work at no extra cost.
* You decide what referral fee to charge (e.g. 25% or 30%) or let us decide based on the situation. If your customer is a high dollar purchase or sale or if a buyer has already decided on a particular home purchase, then you may consider 35%, 40% or even more. The referral fee should be fair but is always negotiable. We can assist you in deciding on a fair referral.- * We pay you 80% of the referral fee received. Example: You refer someone to buy a home in Virginia or another state. Let’s say the referral fee is 25%. They buy a home for $500,000 and the buyer’s broker gets a 3% commission or $15,000. The 25% referral fee is $3,750. You get 80% or $3,000.
- * You can also earn income on your own home purchase/sales. This includes your personal residence or investment properties in Virginia or anywhere. You would basically be referring yourself to a Broker to get your referral fee.
* We are always available to assist you with required referral forms and follow through for you.
* Your licensed broker can assist you on your referrals.
* You have the ability to tell others or advertise that you are a licensed referral agent.
We are licensed in Virginia, Maryland and Washington, DC. You will have an active license with us. Don’t let your license expire. Keep it active and have the potential for extra income through referrals. Contact us online for more information or sign up today.