FREQUENTLY ASKED QUESTIONS

Metro Real Estate Network is a ‘referral only’ real estate company, and is the sister company to Metro Brokers Florida, LLC. We formed this company to allow those agents who have decided to no longer work actively in real estate, a place to hang their license and continue to generate income without having to pay the normal MLS and Association dues and fees associated with having an active license. 

A referral agent is a licensed real estate agent whose services are limited to referring clients for the purpose of commencing a real estate transaction. They do not actively solicit or engage in the sale of property.

After activating your license with Metro Real Estate Network, you simply refer your buyer or seller to one of our highly qualified agents or any agent you know and let them do the work. When the deal closes, you get paid!

As a Metro Real Estate Network Referral Agent your income potential is virtually unlimited. The more referrals you send the more you make. A standard referral fee is 25%. For a referral to one of our qualified agents you will receive 85% of the referral fee. For referring to an agent outside of our company you receive 70% of the referral fee.

· Inbound referral Sales Price $400,000 x 2.5% commission = $10,000 x 25% = $2500

· $2500 x 85% = $2125 to referral agent

Of course. Not only can you choose the agent within our company you can refer to, you can refer your client, family or friends to any agent you know, or any agent anywhere in the world. 

Yes. There is a one-time sign-up fee of $129 and an annual fee of $100 to join Metro Real Estate Network. 

Yes. In order to keep your license current, you will need to keep up with your continuing education. The good news is that with Metro Real Estate Network, your continuing education is free. 

Yes. Several of our agents/brokers are experienced in both commercial and residential real estate. Or you can refer to a commercial agent you already know. 

No. As a referral agent you are only allowed to refer properties. You cannot list property or represent buyers. That is a violation of the affiliation agreement and would result in immediate termination and forfeiture of all outstanding referral commissions. 

Absolutely! Should you decide to transition back into full time listing and selling real estate, we would love to talk to you about joining Metro Brokers Florida. We have a great company and hope that by us helping you make money as a referral agent, you would consider working with us as a full-time realtor when the time comes. 

No. The referral form is an easy-to-use fillable PDF and is on our website. Just download it and keep it for all referrals. 

No. As a referral agent you will not be a member of the MLS and will not have access.