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You are here: Home / Q&A / The Ultimate Side Hustle
The Ultimate Side Hustle

The Ultimate Side Hustle

December 27, 2018 By Chris Lazarus

Having a real estate license is a versatile tool that provides many potential streams of income for those who possess it. The issue is that real estate brokers don’t teach their agents how to pull multiple streams of income out of their license and many agents that start part-time never make it to full time status.

These same part-time agents have to pay the same fees as she full-time agents in order to keep their license active. These fees add up! These agents pay for their:

  • Brokerage fees
  • Technology/Website fees
  • Desk/Office fees
  • E&O Insurance
  • MLS membership fees
  • REALTOR dues
  • eKey subscription
  • Continuing Education
  • Time

In some situations, it doesn’t make sense to pay the costs to keep the license active for a “just in case” scenario. That’s where we come in.

Instead of paying the thousands of dollars per year to hopefully earn one or maybe two commissions, what if you paid a much smaller annual fee, lost the overhead expenses in exchange for a smaller commission when a deal does come across your desk?

That’s where Referral Realty & Associates comes in. Our membership only requires a small administrative fee because there’s no overhead! No MLS. No REALTOR dues. No eKEY. No desk fees. No monthly broker fee. No technology fees.

Here’s the kicker. You don’t have to do any work when you get the client now and you get to service the entire country. You simply sign the referral agreement and submit it through our website in the membership area.

One of our partner brokerages will have an agent reach out to your client the same day to start their relocation. When they close, we receive the referral check, process the file, and pay you!

Becoming a referral agent is easy. The reason being a referral agent is the ultimate side hustle is that you never have to sell anyone on anything. If you know someone that needs to find a REALTOR, you log in and submit them to our network. If you have a preferred broker that you want to refer your business to then you are welcome to send the referral outside of the network. This way we can always service every inch of our country.

What are you waiting for?

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