Referral Associates

Referral Associates

Referrals are a key part of the real estate business. Placing referrals is an excellent way to earn extra income and offer a valuable service to friends, family, neighbors and business associates.Equity Referral Associates Group now makes it possible for real estate licensed who are not actively working in the real estate profession to have an organization in which to hold their license and send referrals. Associates in this Group do not engage in the real estate transaction; they only send buyer or seller referrals to Equity Real Estate REALTORS(R) or through the firm's affiliation with RELO(R), the nationwide broker-to-broker relocation network. Alumni members may request a specific Equity sales associate. The referral fee is 25% off the top of the total commission on the referred side.

Referral Fee Example:

$200,000 (sale price) * 3.00% = $6,000

Referral fee is 25% of $6,000 = $1,500
Referral Associate Split is 80% of the 25% referral fee, or $1,200
Equity Referral Associates Group, Inc. split is 20% of the referral fee, or $300

Fee Structure:

$100 Annual Fee
$20 Fee to transfer license from TREC
No local, state or national association dues
No Errors & Omissions Insurance

The Equity Referral Associates Group is open to anyone holding a real estate license - not just past Equity agents. If you are interested in learning more about the Group or wish to join the referral program, please contact us.