becoming a referral agent in New Jersey
At this point, you’re either exploring options for your real estate license or you’ve decided that becoming a NJ real estate referral agent is a good fit for your goals. Here’s how to do it…
To become a New Jersey referral agent, there is a two step process: (i) qualify for licensure as a referral agent with the state & (ii) affiliate your license with a NJ referral agency. Following, we breakdown each step.
1. Qualify for a Referral Agent License
For those pursuing a new real estate license, be at least 18 years of age, fulfill the education requirements for prelicensure as a salesperson (complete the 75-hour pre-license course) and pass the the salesperson exam.
For those already licensed as a Salesperson or Broker in NJ, you’re already qualified to become a licensed New Jersey Real Estate Referral Agent!
2. Affiliate with a Referral Agency
Finding the best NJ referral group can take some time. Most referral companies obscure the costs and offer confusing commission compensation schemes, but General Referral is different.
If you’re already licensed, the typical steps are: agree to your independent contractor terms, pay any state licensing fees due (varies by circumstance), pay the fee set by your referral broker and review the NJ restrictions on referral agents.
Quick Tip
You can get a fast calculation of your fees; right on our website. Just begin the sign up process and we’ll display a customized breakdown of your specific state fees in step four, right before you have the option to begin checkout.
If you’re applying for your initial license, in addition to the above steps, you need to join a sponsoring real estate referral company that will guide you through gathering the documentation for your license application. These documents include:
Signed Exam Pass Notice
U.S. Passport or Birth Certificate or INS Form I-551 (Green Card)
State issued photo ID (required if not sending a passport)
Joining General Referral: Step-by-Step
N.B. Check out our improved plans, join as low as $99 per year! The video is otherwise accurate!
Conclusion
Becoming a real estate referral agent is great option whether you’re winding down your real estate career or if you’re just getting started. At General Referral, agents find the low cost and flexible commission plans create a very attractive risk / reward balance.
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