Referral Agent program is for those with a license who do not wish to participate full-time but still want to earn referral income on real estate deals. Truly one of the lowest costs, lowest risk, least time consuming ways to earn real estate income. Don’t have your real estate license? Keep reading…
- Hang your active license with TeamWork Realty for a low monthly fee.
- Know anyone moving, in town or out of town (even out of state)? Here’s your opportunity to receive a percentage of the commission on both the sell of their home and the purchase of their next home.
- You are in control, you can decide how much of the commission to requests. Most referral agents request from 15% to 30% of the commission but it’s completely negotiable.
- Know an investor who may be making numerous purchases or listings? Receive a referral on every deal.
The best part is that all you have to do is fill out a simple online referral form when you have a client to refer. We take it from there. Referral real estate is one of the easiest ways to make money with very little effort, you do have to get your South Carolina real estate license which can be done for a few hundred dollars through our online school… TeamWorkRealEstateSchool.com. Your first referral could more than pay for your license and your monthly fees for the year!
While our office may be in Charleston, as long as you have or obtain an active South Carolina Real Estate license, you can refer real estate deals anywhere in the US. We’re glad to discuss further how referrals work if you’re not familiar.
Real world example... - You refer a client buying a home. - Assume the commission is $12,000 and you ask for a 25% referral. - When the deal closes you receive $2,700. (office keeps $300)
Monthly Brokerage fee for Referral Agents: $45
Per Referral fee: 10% to 20% of the referral commission received
Annual E&O Insurance: $45
10% referral fee is for clients referred to the office, TeamWork Office Management selects an agent to refer to.
20% referral fee is for all other referral deals.