A holding company is a licensed and registered brokerage that does not belong to the local Multiple Listing Service and does not permit its licensees to conduct in any brokerage-related activities. Licensees can affiliate their real estate license with Referral Realty & Associates to keep their license in an “Active” status with the local licensing authority, minimize the cost of license maintenance, and retain the ability to earn referral commissions.
The preferred network guarantees a 100% referral payment to the member.
Referral Realty & Associates is this type of company. We allow our members to keep an active license while not working in the real estate field on a full-time basis. Our $79 annual fee is a sharp price reduction from the monthly office, MLS, eKey, and e&o fees that are required at traditional brokerages.
Our members are able to refer potential buyers and sellers to anyone across the country and have exclusive access to our network of preferred Brokers to refer to should they choose. The preferred network guarantees a 100% referral payment to the member.
For example, if a member has a friend moving out of state she can log in to the referral portal and submit the referral. A licensed agent from our network will reach out on that same day to the members friend assisting them with their relocation needs. At closing, the member will receive a referral fee without having done any work in the transaction.
Our $79 annual fee is a sharp price reduction from the monthly office, MLS, eKey, and e&o fees that are required at traditional brokerages
Under a holding company, each member is still required to maintain their license with their state licensing authority. They are also responsible for all continuing education, renewal fees, or any other