DRE Referrals
What is a referral associate?
The Referral Associate is a licensed agent who earns income by “referring” or “connecting” a personal contact or qualified lead to another sales agent at DeSatnick Real Estate or an out-of-area cooperating brokerage. The Referral Associate earns commission and is paid a “referral fee” whenever the contact they referred buys and/or sells a home. The Referral Associate earns commission by helping another agent “connect the dots.” The Referral Associate does not list or sell property.
Why should you become a Referral Associate?
Simple way to earn additional income:
- You choose the amount of work you would like to do.
- You can refer people anywhere in the country.
- No Realtor or Multiple Listing Service fees.
- No continuing education requirement.
Who should become a Referral Associate?
- You have a license and are not active in sales.
- You are phasing out of a full-time real estate career and would like to remain connected with DeSatnick Real Estate to allow our team to service your past and future sale clients.
- You would like to become active in sales in the future but are currently focused on another career.
- You have a great network of friends and family.
- Your employment is part-time or seasonal.
How do you become a Referral associate?
To become a Referral Associate, you need a real estate license and an affiliation with DRE Referrals, LLC. If you already have a license, this is an alternate use for it. If you are not yet a licensed real estate agent, you will need to complete real estate school and pass the State exam.
New to Real Estate or already have a real estate license?
Benefits of becoming a referral associate
General Benefits:
- No time commitments
- Ability to refer prospects nation-wide
- Minimal expense
- Nominal membership fee
- No Realtor or Multiple Listing Service Fees
Here are benefits specific to DeSatnick Real Estate Associates:
- Large network of qualified, full-time agents who are connected to the community.
- Broker managers in each office overseeing agent performance.
- Latest technology giving clients best experience in the industry.
DeSatnick Real Estate Referral Associates Must Know:
- A Referral Associate is not permitted to complete any business such as showings, contract prep, etc.
- A Referral Associate has the option of sending a referral to DRE Referrals and selecting the agent of their choice or having a managing broker select an agent to represent the client.
- An agent who would like to reinstate a Salesperson/Broker Salesperson license would be required to become up to date with continuing education requirements. The State charges $75 for a license change to referral status.
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