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Hang your Florida Real Estate License here

Posted by flparkplacerealty on February 7, 2014 at 4:35 PM


Right now you are probably wondering what you should do with the Florida real estate license that you worked so hard to get. Don’t worry, you are not alone as there are currently around 80,000 people who have a Florida real estate license that is on Inactive status and another 23,000 who are on Involuntary Inactive status and will go Null and Void over the next 2 years.

 

The reason why there are so many people with this status is that when they got their license, the real estate school they went to never really explained to them about the Board of Realtors. They had no clue that in order to be a full-time agent you had to pay an organization hundreds of dollars each and every year in order to sell real estate. In order to be successful in selling real estate full-time, you would have to join the Board and the MLS as they have regulated our business to where there is no way around it.

 

Most of these agents who are on Inactive status currently have other obligations besides selling real estate full-time. The best option for these agents is to place their license with a real estate referral company. These types of companies are not associated with the Board of Realtors or the MLS. You will have no Board or MLS fees if you are Active with this type of company. Instead of selling though, you would refer any of your prospects out to someone who does sell full-time as a Realtor. This Realtor would then pay a “referral fee” typically 25% of the total gross commission to your brokerage who would then pay you your cut of the commission. Referrals are not bound to just one state but to all states throughout the U.S. which means if you have a Florida license, you could refer a prospect to a brokerage in California and collect the “referral fee”.

 

If this is your situation, then you should hang your Florida Real Estate license with us. Take a look at our website www.ParkPlaceNetwork.com to see the benefits we can provide for you as we pay top dollar to our agents. We are currently the fastest growing referral company in Florida. By looking at our aggressive program, you can see why.


Written by: Jeremy Weinberg





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5 Comments

Reply Santanu Singh
11:46 AM on September 17, 2014 
One of my friend recommended me this blog. He was entirely right. This publish actually made my day. You can't imagine simply how so much time I had spent for this information! Thank you!
Reply Harry Burchell
5:39 PM on September 6, 2016 
I have a Real Estate Sales License in Florida that I've had on inactive for 4 years but have kept up with all my CEU's and am looking to active and hang my license with a Florida Broker.
Reply Park Place Realty Network
6:05 PM on September 6, 2016 
Hi Harry,

Go to our website www.ParkPlaceNetwork.com to see all that we can offer you. Or, just go to the top of this page and click on home. If you have any questions, let us know.
Reply John Popolizio
9:40 PM on April 7, 2017 
I am trying to find a place to keep my license activated where I can access the MFR and South Florida MLS but not practice real estate. Can you help?
Reply Park Place Realty Network
6:09 PM on April 11, 2017 
Hi John,

The only way you can get MLS access is by being a member of the local MLS. There is no way around getting access without being a member as they are now able to track their users.
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