Agents in Referral Status

If you have your real estate license in referral status with the state, you can transfer your license to Streamlined Realty, and still earn money when you, your family, friends, neighbors, or really anyone you know, buy or sell real estate! 

Our Streamlined Referral Agents enjoy our NO FEE EVER guarantee! We don't charge you monthly, yearly, or transaction fees when we hold your license in referral status! 

Assume you "refer" a Residential Buyer to an "Active" Agent.

You reached a 25% referral split with the "Active" Agent.

The house closed for $300,000.

The Seller's Agent listed the property with the Buyer's Agent receiving a cooperative split of 3% from the total 6% Seller's Listing commission.

3% of $300,000 = $9,000 that would be sent to the "Active" Buyer's Broker

25% of the $9,000 = $2,250 would be sent to our Company based on your agreement with the "Active" Agent.

60% of the $2,250 = $1,350 would be sent to you, as your split.

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*The above example is based on a 25% negotiated referral split with the "Active" real estate agent.  Typical referral commissions range from 25-35%.

If you have a cash or pre-approved buyer, or a listing referral in a hot sellers market, you can usually get the higher end of the referral split.

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We also pay out a higher percent to you when you reach certain career milestones with our Company. 

The percentage can go as high as 85% for non-owned properties and 95% for owned ones:

$5,000 total generated Referral Commission or 5 Referrals = 70% (Non-owned property); 80% (Owned property)

$10,000 total generated Referral Commission or 10 Referrals = 75% (Non-owned property); 85% (Owned property)

$20,000 total generated Referral Commission or 20 Referrals = 85% (Non-owned property); 95% (Owned property)

You will also receive an additional 10% split if your referral is represented by an Active agent in our brokerage! (Not applicable in 95% splits)

You can refer a customer literally nation-wide, even world-wide. Your family, friends, co-workers, or someone you ran into at Starbucks could all be a potential referral! 

READY TO GO? HERE'S WHAT YOU DO:

All transfers are done online thru the Indiana Professional Licensing Agency's website.

Transfers cannot be completed by Managing Brokers, but rather it is to be completed by the licensee.

 

The Log In to begin the transfer is:  https://secure.in.gov/apps/pla/portal/Account/LogOn?ReturnUrl=%2fApps%2fpla%2fportal%2f

You will need our Company's License Number :  RC51700260

In case the form now also asks for the Managing Broker's License Number it is:  RB14045538

Your license status needs to reflect (changed to):   REFERRAL TO DIFFERENT BROKER

You will be required to pay $11.22*online to make the transfer.           *Subject to change by the State

We go online with the State and accept your transfer to our company. 

 

Upon your first closed referral, we provide an accounting shell to help you track your revenue and expenses, also free of charge.

Have questions? Call or email us or fill in the contact form and we will reach out to you!