Everyone knows that the best business is referral based business. The relationship adds trust, which will only deepen when people are satisfied with the service. Therefore a reliable service source is a must. AT the core of the referral business services we offer is our program for inactive Massachusetts Real Estate License holders.
Through RSI (Referral Solutions Incorporated) an inactive license holder can refer opportunities that will hopefully lead to a sale or purchase of real estate and a referral commission.
If you have a Massachusetts real estate license or are thinking of obtaining one you should know that you can earn additional income through networking and referring leads as a Referral Associate with Referral Solutions.
A person that has completed the required training and passed the State License Exam and is not associated with a brokerage company. An inactive license holder is not required to complete the 12 hours of continuing education required every two years. However, they must pay the licensing fee every two years to be listed as inactive.
Typical referrals are 20 to 25%. If we take an average sale price of $400,000 with a 5% commission the total brokerage fee would be $20,000, which is divided between the buying side and the listing side. A referral is typically for one side, in this case $10,000. At 25% the referral fee would be $2,500 paid to the Referral Associate. Not bad for only having to make the connection.
Imagine extra income just for connecting co-workers, family and friends to outstanding real estate professionals that know how to manage a transaction.
Simply connect people together and receive a referral fee whenever a transaction that is the result of your efforts closes.