How Realty Connect Works
What is Realty Connect?
Realty Connect is a “referral only” real estate brokerage. Although our agents hold ACTIVE licenses, they do not engage in helping clients buy or sell a home. Rather, they place their referrals with Realty Connect, where we match each client within our invite-only network of over 15,000 top-rated agents from national and boutique brokerage firms. These are experienced pros who know how to take a referral and close it! Depending on the type of referral, our agents earn a 25%-75% fee of the total commission. Serving EVERY zip code in all 50 states, we give you the resources you need to help anyone, anytime, anywhere! Don’t go inactive! “Park” your license with Realty Connect!
Earn 25%-75% referral fees!
Our agents generate 25%-75% referral commissions without having to do ANY of the work involved in the transaction! Not only do our agents generate a substantial amount of referral commissions, we’ll ensure your clients are matched with top agents that specialize in their market. A win-win! If you’re looking for an easy and affordable way to keep your real estate license active while earning money, you have come to the right place! Save THOUSANDS of dollars every year without having to pay REALTOR® fees, association dues, MLS expenses or E&O insurance. Become a Realty Connect agent and keep your hard-earned real estate license active, while making thousands of dollars EVERY time you make a referral!
Who can join?
- Current or Previously Licensed Agents who:
- Are retiring from real estate or changing careers.
- Are going back to school, taking a break or moving.
- Can’t afford the fees/expenses of being a Realtor®.
- Don’t want to throw away their valuable license.
- Your current referral brokerage gives you less than 100% of your referral fee
- Other Real Estate Professionals
- Financial Services Professionals
- Insurance Professionals
- Trade Service Professionals
- Any Business Professional with Referrals!
Many Great Benefits
- No REALTOR® fees, association dues, MLS expenses or E&O insurance
- Refer in all 50 states (we serve every zip code in the U.S.)
- Exclusive network of over 15,000 “top 5% rated” referral agents
- Earn a referral fee every time you buy or sell your own home
- Keep your professional & tax-deductible status
- Ability to make commercial referrals
- Unsurpassed service team & company support
- Keep your ability to earn thousands without the typical agent fees
- Build your own lucrative business. See Referral Strategies
How Much Does it Cost?
Joining Realty Connect is very inexpensive – only $100. Then, you are billed every 12 months for your annual membership of $100. In exchange, we’ll match your referrals with 3 great agents, manage the entire process and pay you a 25%-75% referral fee at closing. You keep 100% of whatever referral fee you earn. Other referral brokerages can keep up to 50% of your referral fee! At Realty Connect, all you pay is a $295 transaction fee that is deducted from your commission at settlement. This “pay as you go” business model offers you the ability to make a lucrative income while keeping your overhead and expenses low.
Is Realty Connect for me?
There comes a time in every agent’s career when they no longer wish, or are unable, to continue in real estate sales. You’ve worked hard in your real estate career and spent thousands of dollars and countless hours to get your real estate license – don’t just let it go inactive or expire! Realty Connect offers you the perfect solution for keeping your license active and earning thousands of dollars for your referrals! With Realty Connect, there are NO REALTOR® fees, association dues, MLS expenses or E&O insurance. Save thousands of dollars every year! Becoming a Realty Connect referral agent is a smart alternative to going inactive or just letting your license expire. Joining Realty Connect is very inexpensive – only $100/year. In exchange, we’ll match your referrals with 3 great agents, manage the entire process and pay you a 25%-75% referral fee at closing. You keep 100% of whatever referral fee you earn. Other referral brokerages can keep up to 50% of your referral fee! At Realty Connect, all you pay is a $295 transaction fee (deducted from your referral commission). This “pay as you go” business model offers you the ability to make a lucrative income while keeping your overhead and expenses low. Since Realty Connect only makes money when your referral closes, you can be assured we do EVERYTHING possible to make sure your referrals are matched with the right agent. Our invite-only network of over 15,000 top-rated agents from national and boutique brokerage firms are experienced pros who know how to take a referral and close it! The bottom line is that we’re invested in YOUR success!
You should join Realty Connect if:
You are retiring or going part-time but would like to continue generating income from your friends, family, co-workers & people you know.
- Your current company referral network requires too much work with uncertain results.
- You’d like to create a new source of passive income
- You want to be able to help anyone, anywhere, anytime with their real estate needs.
- You have personal referrals you want to place with a capable, proven agent.
Join our team!
All inquiries are kept strictly confidential. If you already have an active real estate license in Virginia, Maryland or Washington, DC (Florida, Texas, California & Colorado by 2019), you can simply transfer your license to Realty Connect. If your license is inactive in one of these states, you can activate it to Realty Connect. If you are just getting your license in one of these states, you can do so with Realty Connect. See Licensing Information.
USE OUR NETWORK
25% referral fee – $295 transaction fee
Our most popular program! Anytime your referral is placed within our nationwide network of over 15,000 agents, we take care of the entire process of matching, managing, tracking, servicing & accounting for your referral. Our network agents are vetted, qualified, experienced with referral agreements already in place. You receive 100% of the 25% referral fee we collect on your behalf – our $295 transaction fee. However, our process is completely streamlined and user-friendly. Just make a referral, then sit back and wait for your check. In case you did not know, we serve EVERY zip code in ALL 50 states, so anyone that you know that is buying or selling in the U.S. is a potential referral opportunity!
Ex: $400,000 sale x 3% commission = $12,000 x 25% – $295 transaction fee = $2,705.
PICK YOUR OWN AGENT
[?]% referral fee – $295 transaction fee
Many agents ask “Can I choose the agents my referrals go to?” The answer is yes and the benefit to this is that you can negotiate any referral fee percentage that is agreeable between you and the agent you’re referring this business to. However, if you select your own agent, be aware we have not vetted these agents and are unable to verify the high-quality standards we have for our network agents. Also, our ability to manage, track, service, and account for your referral as well as the collection of the referral fee requires extra time and effort from our service team since they are not in our network. For that reason, if you select your own out-of-network agent, YOU will be responsible for securing an executed referral agreement (click here) that will need to be signed by agents and principal brokers of both firms. Any verbal agreement not in writing and signed by the 2 principal brokers of BOTH firms is completely unenforceable. Also, please note you will need to have an executed referral agreement in place for EACH client and EVERY transaction you refer AND you need to provide us a copy of that referral agreement signed by that agent’s broker. Otherwise, Realty Connect will legally lose ALL ability to collect any referral fee on your behalf. If you choose your own agent, please specify in your referral agreement whether your referral is buying only? Selling only? Buying and selling? Since we are relying on you for these details, we’re unable to assume any liability if you do not complete the referral agreement as instructed above or if important details are missing that would affect our ability to collect a referral fee on your behalf.
Ex: $400,000 sale x 3% commission = $12,000 x [you decide]% – $295 transaction fee = $[?].
(Call Dana 703.762.6218) = 75% referral fee – $295 transaction fee
Builders generally offer a 3% buyer’s agent commission for agents that bring them buyers. Of that 3%, you receive 75%. This 75% referral fee is for you and/or any of your NEW CONSTRUCTION buyers that purchase a to-be-built or immediate delivery new home through a builder with onsite community sales reps ONLY. Each builder has their own rules and guidelines, but many request the agent accompanies the buyer on their FIRST visit. Since that’s not always possible, when you have a new construction client, make sure they know to verbally express to the builder sales that you are their agent (the builder sales rep will ALWAYS ask). Otherwise, you may not qualify for the 3% commission.
Ex: $400,000 sale x 3% commission = $12,000 x 75% – $295 transaction fee = $8,705.
YOUR OWN TRANSACTIONS
*Select Markets Only = 50% discount & 50% referral fee – $0 transaction fee
For Realty Connect agents that are buying or selling a home themselves, we would appreciate the opportunity to represent you and have a special program for those agents that are willing to do some of the “legwork” involved. By selecting us as your representation, there are 3 main benefits to you: (1) As one of our own agents, we already know you and will likely have a better sense of your needs and goals. (2) If we represent you, we’re able to offer special deals – 50% discounts for sellers & 50% referral fees for buyers – compared to a standard 25% referral. (3) Also, for any personal business, we waive the $295 transaction fee.
Ex: $400,000 sale x 3% commission = $12,000 x 50% – $0 transaction fee = $6,000.
1 CLIENT = 2 REFERRAL FEES?
Although the above examples demonstrate clients that are only buying or only selling, the reality is many clients need to do both. Whether your client is moving across the country or just moving across town, we can coordinate 1 agent to handle both sides or 2 different agents to assist them each end. For clients that are buying & selling, you will receive 2 referral commissions.