Waiting for the next sales transaction can be stressful, frustrating, and debilitating.
Check out your colleagues' real-life stories in A Day in the Life of a Real Estate Agent: The Underappreciated Facets. It can take several years to build up a steady flow of real estate closings. That’s why some agents choose to “park” their licenses.
When you transfer your license to our real estate brokerage, your status remains active with the state. It lets you refer clients to other agents, so you can earn a referral fee. If the client buys or sells a home, the other agent shares their commission with you.
Technically, you could let your license go inactive with the state, but it comes with a lot of negatives.
You remain dormant in the state's database.
You can't conduct any real estate activities or earn a commission check.
If a client reaches out, you can refer them to someone else, but you make no money.
To top it off, you still need your continuing education hours (depends on your state).
So you might as well earn some extra money on the side with referral fees!
At our referral-only brokerage, your annual membership package includes continuing education credit hours. So you won’t have to pay for that on your own anymore. Plus, we only keep 10% (or $99, whichever is greater) as the broker’s split.
Parking your license gives you the chance to regroup, save up, care for a loved one, go back to school, or pursue another career.
Don’t let your client list lose its value!
Sign up for our membership to protect your future referral commissions.