You have to put your license active with a LIFRO Broker, then it is active again and you can receive a Referral Fee's without Listing and Selling Real Estate. As a license LIFRO agent you can keep your license active, no desk fees, or MLS fees, and you can build a team of LIFRO agents and build a business, not just "DO" business. What is a LIFRO" Agent? (Limited Function Referral Organization (LIFRO)
For an overview, Inactive Agents place their license with a LIFRO broker, and can keep their license active, no desk fees, or MLS fees, NO EMO's, but you can only refer business to other agents, you CAN NOT list or SELL Property and you MAY NOT enter into any agency agreementsÂ with sellers or buyers or directly represent clients.Â You canÂ refer leads through a full-service existing estate brokerage firms who perform the actual legitimate estate services. Everyone wins. With our company you can build a team of LIFRO agents, and you can build that business locally or all over the US.