As a licensed Real Estate Agent, we are responsible to generate our own income and pay our own expenses.
Sometimes life priorities shift (or the market!) and the result is:
You expect to have more transactions in the future, but just haven't had many deals in the last year or two.
You had to start working another job.
You don't have the time and energy to dedicate to prospecting for new clients.
With all the NAR lawsuit changes and the shifting market, you aren't making enough in commission to justify the expenses.
You love real estate, but the pressure to prospect and produce as a full-time agent isn't working for you.
You want to retire, but can't completely step away from the business and lose all your income.
You can't afford to pay your association dues & MLS fees but don't want to lose the license you worked so hard to obtain.
If any of these points resonate with you, a referral-only brokerage might be a great option! You can keep your license active with Commerce and collect referral fee income, but you aren't required to pay MLS fees or association dues! You can transfer back to an active-selling agent at any time.
If you are interested in learning more about joining Marathon Referral Associates, LLC, as a referral agent, click HERE for more information.
Kelly Hudick is the founder and managing broker of Marathon Realty. Kelly started Marathon Referral Associates, LLC in 2016 as a means for some of her agents to keep their licenses active and continue earning referral-fee income after their priorities shifted. Kelly has successfully transitioned many of her agents to Marathon Referral Associates, LLC and has expanded her company to agents outside of her brokerage.
