Q: Where can I hang my real estate license?
A: Right here! We are a licensed Florida real estate brokerage (License # CQ1055789) and we offer licensed Florida real estate agents a place to ‘hang’ or ‘park’ their license without the cost of joining an association or board of realtors®. All of our agents are licensed and active but most do not practice real estate on the regular. Some of our agents are retired, some have moved out of state, some have full-time jobs, and some just want to keep their license active without the hassle of joining a full-service brokerage and paying so much in dues and other fees.
Q: Do I have to join an Association or Board of Realtors®?
A: No. You will not be required to join any Association or Board of Realtors®.
Q: Can I refer customers to other real estate agents?
A: Absolutely! Most of our agents are referring deals to real estate agents all over. You would be surprised at how many people you know that are looking to buy or sell real estate in Florida and the rest of the country. It’s very easy to refer a customer to a real estate agent in a specific market and real estate referrals is a big business! Easiest money you will ever make and we can teach you how!
Q: What is a typical referral fee?
A: The industry standard is usually 25% of the gross commission earned by the brokerage you referred the customer to when the deal closes.
Q: Who can I refer business to?
A: Any licensed real estate agent, anywhere.
Q: Where can I refer a customer to?
A: Anywhere in the world.
Q: How much commission will I keep?
A: Whether it’s a $100,000 deal or a $20 Million deal you referred out, you keep 90% of the referral fee. 90/10 commission split on referrals. Plain and simple.
Q: Do I need to be a licensed Florida real estate agent?
A: Yes. Currently, we solely dedicate our time and resources to real estate agents licensed in Florida.
Q: How long do I have to stay employed?
A: As long as you'd like! There is no minimum amount of time that is required. You can park your license with us for a month or you can stay with us for the next 20 years. It is entirely up to you.
Q: Are there any monthly fees?
A: No, but there is a small fee of $79 to get started. All you have to do is pay the fee once a year to stay active.
Q: I moved out of Florida - can I still join?
A: Absolutely! Many of our agents have moved out of Florida and continue making money in real estate.
Q: What if I am not located near your main office?
A: Thats okay! We handle everything online. Our main office is located in Miami Beach and we have plans to open a second location in Orlando. We have many agents from all parts of Florida including Jacksonville, Orlando, Tampa, Fort Myers, Fort Lauderdale, Homestead, Clearwater, Cocoa Beach, West Palm Beach, Boca Raton, Panama City, Daytona Beach, and The Villages. As long as you have a Florida real estate license you are free to join.
Q: What does it mean to 'hang' or ‘park’ my license?
A: By 'hanging' or ‘parking’ your license you will be keeping your license in an active status thus legally being able to receive commissions on real estate deals. You can refer any customers or leads to active real estate agents that will handle the entire transaction from start to finish. At the end of the deal, you will receive a referral fee... Stress-free, hassle-free, easiest money you'll make!!
Q: Where can I park my real estate license for free?
A: Many real estate companies offer 100% commission but require you to join an association or board of realtors® which can be costly. Other real estate brokerages have hidden fees that add up and take away from your total commission. Some Florida real estate license holding companies offer very low commission splits. There are very few brokerages that do what we do. Park your license, Hang your license, Hold your license - call it what you want - we are committed to helping our Florida real estate agents earn exponential income through real estate referrals.