You can do just that at Expert, REALTORS in Missouri. Get paid in real estate for referring your friends, family and past clients (even yourself) to your favorite REALTOR – ANYWHERE.
In Missouri Licensees must maintain certain criteria in order to keep a license “active”. If your license is active you have the option to hold your membership with the National, State, and Local associations of Realtors to run a referral business.
Real estate agents running a referral business collect referral fees by referring clients to other actively licensed professionals with memberships in the associations, thereby earning income. You then collect referral fees simply by referring past clients, family and friends to the real estate licensee of your choice. The typical referral fee is between 20 and 30 percent of the commission on the transaction side upon closing.
Before choosing a “referral company”, find out the referral fee split with the company. Some offer a fraction of the referral fee and charge a hefty annual fee. Others may have restrictions to which you may refer business.
All licensees are subjected to the same MREC rules and requirements regarding continuing education.
It’s easy to do and will immediately alleviate the expense of real estate association dues and MLS fees.
Simple 3 Step Process to becoming a referral agent:
- Contact us to let us know you want to become a referral agent referral@stlexpert.com or 314-415-2145
- We will email (or mail) you the MREC required documents
- Complete the documents and mail to the MREC.
– See more at: http://www.findingstlouishomes.com/become-a-referral-real-estate-agent-in-mo-and-make-income-part-time/#sthash.bIIxyhGx.dpuf