What is a referral broker?

Goodbye ongoing fees. Hello referral payments.

A Referral Broker is licensed to sell real estate but does not work with clients, list homes, manage transactions, and is not a member/active participant of any MLS association or manage real estate transactions in any way. A Referral Broker is able to facilitate a client referral to an active and practicing Real Estate Broker and collect a portion of the commission generated via referral payment at closing.

A referral business model is a good approach for any licensed Oregon Real Estate Broker that does not want to actively sell real estate yet wants to continue to generate income while keeping an active real estate license without any association and brokerage fees.