Park Your Real Estate License
-or-
Hang Your Real Estate License
WHO WE ARE
We’re a referral-only brokerage for real estate agents
who are ready to hang or park a real estate license.
When you hang a license with a broker, you transfer it to their firm. As a referral-only agent, you want to pause or put a hold on your real estate career.
Then you refer clients to another agent who takes over the entire sales process. You no longer represent any clients, but you share in the commission.
Parking a real estate license helps you stop paying thousands of dollars in never-ending fees. By joining our real estate brokerage, you only pay our annual membership and the state license renewal fee. That’s it!
Now you have the time to switch to other endeavors, such as accepting a full-time job, enrolling in higher education, taking care of a sick family member, homeschooling your children, undergoing long-term medical treatment, extended travel, retiring, or pausing to regroup.
As a referral agent, you get to sit back and collect a commission without doing the work of a traditional agent. After a successful transaction, you’ll earn 25%-35% of the selling or listing commission.
Once we receive the other broker’s check, we take 10% or $99, whichever is greater. We offer convenient payment methods, including check, PayPal, ACH, or domestic wire transfer.*
*Fees may apply depending on your membership package.
Don’t keep paying all those fees!
Once you become a member, you’ll gain access to a private membership portal where you’ll find the next steps and documents.
More information on important topics
We're currently servicing licensed sales associates or broker associates in the State of Florida. We plan to expand to other states in the future.
NO. You will be a referral-only agent and must STOP any activities that an actively selling agent would engage in (e.g., farming, canvassing, client representation).
We are a licensed real estate brokerage. By transferring your license to us, you'll remain active with the state. So you can share in a commission with another agent. Don’t forget, you must disclose your referral fee or commission split with the client.
Yes, you can send your client to any actively licensed real estate agent in the U.S. or out-of-country (as long as the jurisdiction allows commission-sharing). If you don’t know an agent, we can find one for you.
Always use our official Client Referral Form inside your membership portal to complete the transaction.
The other agent must agree to our established commission rates, which vary from 25%-35% depending on the transaction (e.g., all-cash buyer, high-value transaction). For smaller transactions or international referrals, an industry-standard flat fee may apply rather than a percentage.
FYI: If you’re referring a client to the sales team for new construction or vacation properties, they often pay a larger percentage commission or a flat fee. And since it’s a direct referral, you don’t split the commission with another agent.
Splits vary by package. For the 90/10 split, you keep 90%, and we earn 10%, but if our 10% share is less than $99, we earn $99.
After the closing, the other agent will send us the commission check. Once we receive it, we issue you the payment within the timeframe and method listed in your membership package. If your membership package does not include an expedited payment method, we can deduct a $15 fee for ACH or domestic wire transfer at your request.
We want to be a one-stop shop. Your annual membership will include 14 hours of CE, which we refresh every two years.
After transferring your license to our company, you may transfer it to another broker at any time. You’ll have access to your membership resources until the end of your membership term, including the CE.
If you decide to re-transfer the license back to us before your membership term expires, you’ll pay a $75 reinstatement fee (for each occurrence). If you return after the term expires, you pay the then-listed annual membership fee.
Upon notification of an unsuccessful payment, we will remove your license from our brokerage. Please resolve this issue ASAP or you risk the state inactivating your license.
Yes. The changes will take effect with the next renewal date. Please contact us no later than five days before your renewal date, so we can change your account.
Yes. If you know another agent or broker who would like to park their license with us, you can earn a one-time $25 referral reward per paid membership. Click here to become an affiliate — non-members are also welcome to apply.
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