There are many reasons why an agent may want to join our team.
A few of these are:
If you are preparing for retirement this is a good way to still earn income without paying the high costs of board and CREA dues. It is a low cost alternative to earn extra income.
If you are a new agent aspiring to become part of a team, this is the perfect way to become familiar and grounded in the industry. Becoming oriented would benefit you before committing to the costs associated with a team.
If you are a retiree, stay at home mom, or former full time agents and do not have the time to focus on selling real estate.
If you decide to pursue a different career, you can still let your license remain active and receive referral commissions to help provide while you change jobs.
Return to School
It is expensive to gain education now. The commissions can help you pay for school or help pay for living expenses while you are in school.
Need a Break
Comfortably take time off knowing you can easily return because your license hasn’t expired.
You can still make money from your referrals while you are moving. Use it for moving expenses, new furniture, appliances, etc.
If you or a loved one get sick or have other health issues this referral money provides a little more security knowing you still have income.
Unsuccessful Results from Current Company
Your brokerage’s referral network requires too much work with uncertain results.
Advantages to Becoming a Referral Agent:
- No Monthly Fees
- No Board Fees
- No Desk Fees
- No Office Supply Fees
- Income Earning Possibilities
Learn more about the income breakdown here