What is National Realty Referral Group?
Our agents and associate brokers maintain the ability to generate income through referrals they send to real estate professionals locally and nationwide. It is suitable for licensees who do not want to actively work in real estate but want to keep their license active and generate income.
What is a Referral Agent?
A Referral Agent is a licensed real estate agent whose services are limited to referring clients for the purposes of commencing a real estate transaction. They do not actively solicit or engage in the sale of property.
How do I know if I should join?
If you do not actively sell real estate but want to maintain an active license, we are perfect for you. You may still refer your family, friends and customers to any real estate agent or
brokerage throughout the world.
Do I have to refer to a specific agent?
No, you can refer your business to any real estate agent or brokerage you want or let National Realty Referral Group assist you with placing the referral with a qualified brokerage and agent.
What states are you licensed in?
We are a licensed brokerage in New York, however, you can refer business to any brokerage in any state. We also have contacts from around the globe that can help your friends and family with their real estate needs.
Do I have to join the local MLS, Real Estate Board or NAR?
No. Agents who join National Realty Referral Group are not REALTOR® members and do not have access to the MLS therefore do not have to pay the association dues or MLS dues.
Do I have to continue to take CE Education?
Yes. Agents who join are required to keep their license active which includes taking the required CE education for renewal.
Are there other hidden costs?
Our cost to you is a one-time enrollment fee of $99 and includes the cost of transferring your license and 250 Business cards. That’s it! No other fees!
How much is the annual membership fee?
$99/year and will be invoiced on the same date every year from enrollment using your enrollment date. All of our agents set up AutoPay to make sure they always have the ability to earn extra money by placing referrals.
Can you give an example of how the referral fee works?
You can generate income by referring to any actively licensed practicing agent in any state or country, negotiate your referral fee (the average is 25%), and you keep 50% of the fee earned. There are no Franchise fees and no administrative fees. For example: You refer a buyer to an agent and negotiate a 25% referral fee. That agent sells them a home for $450,000 and was paid a 2.5% commission or $11,250 total. That agent’s broker then pays National Realty Referral Group the negotiated fee of 25% or $2,812.50. You get paid 50% of that equaling $1,406.25. Simply for making the introduction to an agent who can help them accomplish their real estate goals.
What if I decide to go back into selling Real Estate?
Just email us to let us know and we will release your license within 5 business days so that you can affiliate with another real estate brokerage.
Do you provide business cards?
Yes, we will send you your first batch of 250 business cards to the address on file. The business cards are a standard formatted card and will include the information for the brokerage and you as the agent according to the NYS Department of State advertising guidelines.
How do I join?
Contact us and we will send the necessary paperwork to fill out electronically along with the link to pay the enrollment fee and set up your annual membership dues automatically.