New Jersey has a special license status for referral agents that sets it apart from most other states. Below are three benefits to holding your real estate license as a referral agent in New Jersey:
Avoid CE. In New Jersey, a real estate referral agent is 100% exempt from continuing education requirements. All full service real estate agents must complete the required credit hours two months before the end of each two year renewal cycle. If you wait until the last two months, the real estate commission levies a $200 fine.
License Flexibility. Ready to go back to full service with your New Jersey real estate license? Referral agents can easily catch up by taking their CE credits online.
Minimize your costs & Earn income in your spare time. This isn’t specific to New Jersey, but being a referral agent is a great way to keep your real estate license active while saving thousand on board dues, MLS fees and other various costs you would normally incur. The best part is that you can still earn commission by simply referring friends, family and even yourself.
Tired of Paying Thousands Each Year Just to Keep your Real Estate License Active?
Put your real estate license in referral status for a fraction of the cost.
Buying or selling a home can be stressful and you can provide an extra sense of comfort with a second opinion when someone is choosing a the right real estate agent.