What is a Community Referral Agent?
Community Referral Agents (CRA) is a term we use for licensed real estate agents who want to get paid commissions for referring buyers and sellers to active agents.
It is a great option for agents who don’t want to be in the field due to a busy schedule, family life, a full or PT job, illness, or they want to semi-retire from day-to-day real estate.
You DON’T show houses, DON’T do paperwork, DON’T go on appointments, DON’T have monthly fees, and DON’T pay association dues.
Because our program is a unique, we support you with training, live webinars, referral assistance, and in certain cases lead generation websites and landing pages.
Also, if you don’t have your FL real estate license, we have a program to get your class and get the license to get started.
When do you work?
CRAs are independent contractors and have flexible schedules. You will primarily “work” just by networking in your community or through social media. You can meet people at your job, the kid’s groups, or even out with friends. You help them by connecting them to an active agent in their area.
If you are interested in getting paid commissions on a regular basis, you should plan on “working” at least 10 – 20 hours a week.
How do you get paid?
You get paid 25% of the agent’s commission when the buyer or seller you personally referred closes on a house.
For example: IF an agent’s commission was $9000 (3% of a $300,000 house), you would receive $2,250! Just for referring one buyer or seller! This is why getting paid commissions can be much more lucrative than hourly work from home pay. This could be like working 225 hours at $10 an hour!
Another way to get paid is our lead generation system. If you market your community and a lead comes in to our system, you could get 10% if they buy or sell, even if you don’t know them!
I like being honest with people, so understand these are examples and it could take you 5 – 10 referrals for one to close, plus it can take several weeks to months for them to close. So I recommend never ‘counting’ on this income.
Is there a cost to being a CRA?
IT IS FREE TO SIGN UP WITH THE REALTY PARTNERS PLUS TEAM to become a Community Referral Agent. It will cost you nothing if you are already a licensed real estate agent in the state where we are located (right now FL – but expanding throughout the US this year).
There are NO sign up fees, NO monthly fees, NO transaction fees for our CRAs when you refer to our agents using our simple online form; AND we provide you with training online, a social media group to connected to others, and live monthly webinars focused on helping CRAs!
However, IF you are not a licensed real estate agent, you need to get your license, as it is illegal to pay a commission to anyone not licensed. In FL it will cost you approximately $250 to get your class and FL license through our program.