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Park Your License
Realty Referral Group, Inc.
Ulrich Leinhase, GRI
Florida Licensed Real Estate Broker
Want to keep your Florida real estate license active and continue to earn commissions without listing or selling? You can do it. Simply park your license with Realty Referral Group, Inc. Then, when you find or know of someone that wants to buy or sell give us their name and phone number (that's all you have to do) and we'll do the rest. When the transaction closes and the referral fee is collected you will receive 75% of the referral fee.
Thank
you for your interest in Realty Referral Group, Inc. We
are very excited about you joining our referral network and
look forward to a long and successful association with you.
Organization:
Realty
Referral Group, Inc., is a corporation organized for the purpose
of providing referrals to brokers with full time Realtors®.
What is a Referral?
A referral is a "lead" consisting of particular information of a prospective buyer, seller, or
renter, which is sent to Realty Referral Group, Inc., and then
distributed to cooperating Brokers.
Referral Licensee:
Realty Referral Group, Inc., is
composed of Referral Licensees who activate their Florida Real
Estate license with Realty Referral Group, Inc. Realty Referral
Group, Inc., Referral Licensees will be on a referral basis only,
but their license is considered active.
Referral
Fees:
Referral
Licensees may not accept any referral fee payments from any
Broker, Realtor® , Buyer or Seller. Referral Licensees
can only receive referral fee payments from Realty Referral
Group, Inc.
Earn $10k to $20k without listing or selling:
Referral
fees received from cooperating Brokers will be based on 25%
of the applicable portion of the listing or sales commission
(usually 3%). This 25% of the applicable portion will be paid
to Realty Referral Group, Inc. The Referral Licensee will receive
75% of this fee, or 3/4 of the applicable portion. There may
be some exceptions where customary referral fees are not the
same in specific market areas. Commission percentages to the
Broker vary from city to city. Realty Referral Group, Inc.,
will pay the Referral Licensee upon the closing of a transaction
and receipt of the referral fee. The check will be disbursed
to the Referral Licensee within a few days. Referral fees with
outside Brokers will be handled in the same manner. When referring
yourself as a customer, you will receive 90% of the 25% referral
fee!
EXAMPLE:
$100,000 purchase price x 3% real estate commission = $3,000
commission. The $3,000 commission represents one side of the
transaction. Of the $3,000 applicable portion, Realty Referral
Group, Inc., would receive $750.00 (25% of the $3,000 commission).
Realty Referral Group, Inc., would then pay the Referral Licensee
$562.50 or 3/4 of the $750 earned commission.
New Home Sales:
If you have a customer interested
in a new home all you have to do is register the customer with the
builder. Upon closing, Realty Referral Group, Inc., receives
the selling commission 75% of which would be paid to you, the
Referral Licensee.
How
to Sign Up:
Please download and read the Policy and Procedure Form below and follow the instructions.
- Policy and Procedure Form
- Dept. of Business & Professional Regulation Request for Change of Status Form RE-2050
- IRS Form W-9
- Instructions for Form W-9
Then mail the completed forms along with your check for $25 to:
Realty Referral Group, Inc.
PO Box 600794
St. Johns, FL 32260
When referring a customer to Realty Referral Group, use the Customer Referral Form.
Ulrich Leinhase
Florida Licensed Real Estate Broker
904.716.1945
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