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The Smart Real
Estate Agent Options...
National
Realty Referral and National Referral Real Estate


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FAQs
Frequently asked questions for real estate agents and brokers
interested in becoming a Referral Associate:
- What is a Referral Agent?
A Referral Agent 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 solicite
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.
If you do not know an agent in the area desired, we will
assist you in finding a professional one that will treat
your referral like gold. The referral fee will be split
with you on an 80-20 basis where you will receive 80%.
- What is National Realty Referral?
We are a new business model created to provide agents
the opportunity to work at their own pace, retire or just
leave the business with a system in place to protect all
the hard work and investment they have made in the real
estate industry. Our agents and brokers maintain the ability
to generate income through referrals. 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.
- Do I have to refer to a specific agent?
No, you can refer your business to any real estate agent
or brokerage you want to in the world.
- Do I have to join the local MLS, Real Estate
Board or NAR?
No. Agents who join National Realty Referral are not required
to be REALTOR® members. If you wish to maintain your
REALTOR® status please contact us directly to discuss
your options.
- 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 yearly membership fee which covers
holding your license from January 1st through December
31st. There is an initial license transfer fee ($20 for
DE, $20 for PA) and for each referral transaction there
is a $50 Transaction and E&O fee. That's it! No other
fees!
- 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 keep 80% of the
fee earned (minus a $50 E&O transaction fee). For
example: You refer a buyer to an agent and negotiate a
25% referral fee. That agent sells them a home for $250,000
and was paid a 2.5% commission ($6,250). That agent's
broker then pays National Referral Real Estate the negotiated
fee of 25% (or $1,562.50). Minus the E&O transaction
fee of $50, you get paid 80% of that ($1,210).
- What if I decide to go back into selling Real
Estate?
Just call or email us to mail your license to your state
and simply file a new transfer application signed by your
new broker.
- How do I join?
Email NRRHoldings@gmail.com and we will send the necessary
paperwork to fill out. Or you can download them here.
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If you have additional questions, please feel free to contact
us at 302-323-0555. All inquiries are kept strictly confidential.
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