Many full-time Realtors are introduced to Park Place Realty Network after being contacted by one of our active agents about accepting a referral. If you have been approached to work with one of our referrals, this guide explains how the process works and what is required to move forward. Park Place Realty Network is a real estate referral company with over 1,000 active agents who refer their real estate business to top real estate agents worldwide. Our agents do not handle transactions directly. Instead, they refer qualified buyers and sellers to experienced full-time Realtors or Commercial Agents who manage the transaction from start to finish. How Outside Realtors Can Work with Park Place Realty Network If a Park Place agent reaches out to you, they are asking if you would like to accept a referral under our referral agreement. To proceed, you must be comfortable with our referral fee structure: 30% referral fee 25% referral fee on sales under $200,000 If these terms work for you, your broker or managing broker will need to sign our referral agreement. Once the signed agreement is received, we will provide the full referral details so you can contact the client directly and begin working with them. After reviewing this article and agreeing to our program, simply let the Park Place agent know you are comfortable moving forward. The agent will then submit the referral through our system . We will then email you back the referral agreement for your broker to sign. Additional Referral Opportunities Once you agree to work with Park Place Realty Network, you may also be eligible to receive additional referral business from our network of more than 1,000 active agents. Our agents commonly refer friends, family members, and personal contacts. These referrals typically have a strong closing rate, averaging over 65%, making them a valuable source of business without the cost of traditional lead generation. A Simple and Transparent Referral Process Park Place Realty Network keeps the process straightforward and broker-friendly. There are no sales quotas, no long-term commitments, and no obligation beyond the referral you agree to accept. Each referral is handled individually, allowing you to decide what best fits your business. If you have any questions about the referral agreement, referral fees, or next steps, your Park Place agent can walk you through the process. Our goal is to create professional relationships that benefit the referring agent, the receiving agent, and most importantly, the client. If you are comfortable with the referral fee and process, let your Park Place agent know you are ready to move forward.

Passing the Florida real estate exam is an important milestone, but it’s not as simple as showing up and winging it. Many aspiring agents are surprised to discover how nuanced and challenging the test can be. It’s not just about knowing definitions or memorizing terms — it’s about fully understanding the real estate concepts and knowing how to apply them in real-world situations. In fact, many exam questions present answer choices that all seem correct at first glance. Success often depends on selecting the best possible answer, which requires both subject mastery and sharp test-taking strategy. In this guide, we’ll walk through how to pass the Florida real estate exam with confidence, whether you’re studying for the first time or taking it again after a previous attempt. Why the Exam Is More Challenging Than Expected The Florida real estate exam isn’t designed to trick you, but it does test more than your memory. Many of the questions are phrased to evaluate your ability to analyze situations or understand how laws and practices interact. In some cases, multiple answers may seem correct — but only one truly fits best under Florida law. To perform well, you must internalize the material, not just memorize it. That means building a solid foundation of knowledge and practicing the application of that knowledge through realistic scenarios and sample questions. How to Pass Florida Real Estate Exam: Study Strategies That Work Everyone learns differently, but there are a few tried-and-true methods that can improve your chances of passing on the first (or next) try. These recommendations are based on how the brain learns and retains complex material. 1. Create a Dedicated Study Schedule Set aside a consistent time each day or week to study. Even 30 to 60 minutes a day is effective if it’s focused. The key is consistency and repetition. Spaced learning over time helps information move from short-term memory into long-term retention. Break chapters into smaller sections. Assign specific topics to each study session. Avoid cramming. Instead, review material regularly over several weeks. 2. Use Flashcards and Online Practice Exams Flashcards are one of the most effective tools for active recall — a powerful memory technique. You can create your own or use free digital flashcards and quizzes. At Park Place Realty Network, we offer free online test questions designed to simulate the style and structure of the Florida real estate exam. You can also explore high-quality paid options through trusted education providers like The CE Shop, which offer full exam prep packages and thousands of practice questions. 3. Get Plenty of Sleep and Take Care of Your Health This might sound unrelated to real estate, but it’s crucial. Sleep is when your brain consolidates information, especially after studying. Aim for 7–8 hours of sleep each night during your exam prep. Also: Stay hydrated. Eat nutrient-rich foods. Incorporate some physical activity like walking or stretching to boost focus and memory. 4. Find a Study Buddy or Group Accountability and collaboration can dramatically increase your ability to understand difficult topics. Try finding someone from your real estate school to study with, even if it's virtual. Join online forums or private social media groups for real estate students. Ask your real estate school if they host online study groups. Use Zoom or similar platforms to collaborate and test each other. What to Do If You Don’t Pass the First Time If you don’t pass the exam on your first try, don’t panic. Many successful agents needed more than one attempt. What matters is learning from the experience. Florida offers a valuable option: for a small fee, you can review the questions you answered incorrectly for up to one hour. Take full advantage of this review session — it’s a chance to identify knowledge gaps and understand how questions are structured. Then: Reschedule your next attempt quickly while the material is still fresh. Focus your review on the areas where you struggled. Don’t let a single setback discourage you — many excellent agents needed more than one attempt. Choosing the Right Brokerage After You Pass After you pass the Florida real estate exam, your next step is choosing a broker to hold your license. If you’re looking for a flexible and low-cost option — especially as a new or part-time agent — a real estate referral company may be the ideal fit. Park Place Realty Network is an excellent option for new licensees who may not be ready to dive into full-time sales. Here’s what we offer: No Realtor or MLS fees Refer clients nationwide and internationally Earn 22.5% of the commission on every referral Free personal webpage to promote your business 40% off CE and professional development through The CE Shop You can stay active in the real estate industry and earn income through referrals — without the pressure or expense of selling full-time. Final Thoughts on How to Pass the Florida Real Estate Exam The Florida real estate exam is certainly challenging, but with the right approach, preparation, and mindset, passing it is absolutely within your reach. Let’s recap the best strategies: Build a consistent study schedule. Use flashcards and take practice exams. Prioritize sleep, nutrition, and physical activity. Connect with a study group or partner. If needed, review your missed questions and retake the exam with a better strategy. And once you’ve passed — or if you already have your license but aren’t ready to jump into sales — consider a brokerage like Park Place Realty Network that supports your goals, whether full-time or referral-based. Ready to Start Earning with Your License? If you're a newly licensed agent or considering reactivating your Florida real estate license, click here to sign up with Park Place Realty Network and start referring real estate clients today. Questions? Call us at 407-878-0607 or email us at admin@parkplacenetwork.com — we’re happy to help.

Can You Get Free My Florida MLS Access? One of the most frequent questions we receive is whether it’s possible to get free My Florida MLS access. The short answer? No—there is no legitimate way to access the MLS in Florida without paying for it through the proper channels. The Multiple Listing Service (MLS) is controlled and maintained by local Realtor associations. These systems are highly secure, track all login activity, and monitor IP addresses. If suspicious activity is detected—such as sharing logins across multiple users—it can lead to hefty fines or account termination. The MLS is considered a professional tool for active agents. If you want to use it, you must pay for access and maintain your membership with the appropriate board of Realtors. Why My Florida MLS Access Isn’t Free or Shareable It’s important to understand that MLS access is a privilege tied directly to Realtor association membership. Each login is unique and non-transferable. Sharing credentials is a direct violation of MLS policies and can result in serious consequences. Here’s what agents need to know: Every MLS user account is tied to your name, license number, and IP address Sharing access is prohibited and traceable Access requires both board membership and MLS subscription fees Violations can lead to penalties, revoked access, or even license issues The MLS isn’t just a website—it’s a regulated platform built to protect professional data, ensure accuracy, and support ethical real estate practices. What If You Only Sell a Few Homes a Year? If you're only doing one or two transactions annually, paying for My Florida MLS access can be cost-prohibitive. Between Realtor board dues, MLS fees, lockbox access, training requirements, and compliance costs, your expenses can easily reach $1,000+ per year. For part-time agents or those taking a break from active selling, this cost doesn’t always make sense—especially if you’re not consistently closing deals. A Better Option: Place Your License with a Referral Brokerage Instead of paying for full access to the MLS, many Florida agents choose to place their license with a real estate referral brokerage, like Park Place Realty Network. This allows you to stay licensed, earn commissions, and eliminate the cost of board or MLS membership. Here’s how it works: You transfer your license to Park Place Realty Network. You do not pay any fees to the Board of Realtors or MLS. You refer real estate clients—buyers or sellers—to full-time agents across the U.S. Once the transaction closes, a referral fee (typically 25%-30% of the commission) is paid to Park Place. You receive 90% based on a 25% referral fee—without ever joining the MLS. For example, if a buyer you refer purchases a home and the agent earns a $12,000 commission, you would earn $2,700—just for making the introduction. Why Agents Choose Park Place Realty Network Park Place Realty Network has helped over 5,000 agents nationwide avoid unnecessary expenses while still earning real estate income. If you’re a Florida agent who wants to maintain your license but avoid paying for My Florida MLS access, this is the perfect solution. Benefits include: No MLS or Realtor board fees 22.5% payout on closed referrals Referral opportunities nationwide (and internationally) Access to discounted CE and post-license education Your own personal referral website Whether you're a retiring agent, a busy parent, or simply want to earn passive income, our platform helps you stay licensed and connected to the industry—without full-time selling. Can You Still Work with Clients? Yes, you can work with clients—but in a different way. As a referral agent, your role is to connect buyers or sellers with experienced, full-time agents in their area. Once you send the referral, that full-time agent handles the transaction, and you earn a referral commission when the deal closes. This setup works well if: You want to keep your license active You want to avoid MLS fees You have a network of friends, family, or past clients You’re not actively showing homes or writing contracts How to Get Started If paying for My Florida MLS access doesn’t make sense for your current goals, placing your license with Park Place is fast, simple, and affordable. Visit www.ParkPlaceNetwork.com to learn more about how we work and how you can begin sending referrals today. We offer an easy application process, no hidden fees, and full support from our team. You’ll get the tools and training to continue earning income—on your terms. Final Thoughts If you’ve been searching for ways to get My Florida MLS access for free, it’s time to rethink your approach. While free access isn’t available, you don’t have to pay for expensive MLS and board memberships just to stay licensed. By placing your license with a referral brokerage like Park Place Realty Network, you can skip the high costs and still generate income from real estate referrals. It’s a smart move for agents who want flexibility, freedom, and financial efficiency.

In the real estate world, trust, timing, and professionalism are everything—especially when it comes to referrals. Referring a client isn’t just handing off a name. It’s entrusting someone with your reputation, your client’s experience, and ultimately, your income. For agents who are not actively practicing real estate full-time, or those who no longer want to be part of a traditional brokerage, placing their license with a real estate referral company has become an increasingly popular alternative. But as this model grows, so does the challenge of finding the best real estate referral company—one that delivers on its promises, protects your professional image, and ensures you get paid. What Makes a Referral Company Stand Out? Not all real estate referral companies are created equal. At first glance, many may offer the same value proposition: no board dues, no MLS fees, and the ability to earn referral income. But under the surface, there are critical differences in how these companies operate. When evaluating a referral company, ask the following: Do they have a strong broker network across different markets? Can they place both residential and commercial referrals? Do they ensure timely and accurate payment of referral fees? Is their communication prompt and professional? Do they offer any extra tools or perks to their agents? These questions aren’t just theoretical—they reflect the day-to-day frustrations many agents have with underperforming referral companies. Why Park Place Realty Network is the Best Real Estate Referral Company If you're searching for the best real estate referral company in Florida, Georgia, or North Carolina, look no further than Park Place Realty Network. Since 2010, Park Place has led the industry in the real estate referral space, with over 1,000 active agents who live not just in the U.S., but around the world. These agents trust Park Place to handle their referrals with care, efficiency, and professionalism. Here’s what makes Park Place stand out: 1. Established Network of Top Brokers When you refer a client, you want to be confident that they’re in good hands. Park Place has spent years building strong, professional relationships with some of the most successful brokers and agents nationwide. Whether your referral is in a small town or a major metro area, Park Place will match your client with a top-performing local agent. Residential referrals? Covered. Commercial real estate? Handled. Out-of-state or international? Absolutely. We can also work with your agents too, just as long as they are ok with our referral fee. 2. Generous Referral Commission Unlike some companies that take a large cut, Park Place offers one of the most competitive commission splits in the industry. Agents receive 22.5% of the total commission from each closed referral—paid promptly and reliably. That’s passive income without the hassle of showings, contracts, or negotiations. 3. No Realtor Association or MLS Fees With Park Place, you won’t need to join the local board of Realtors or pay costly MLS fees. That’s especially helpful for agents who are: Retired or semi-retired Pursuing a different full-time career Living out of state or overseas Licensed in Florida, Georgia, or North Carolina but not actively selling You stay licensed and active—but without the overhead. 4. Your Own Lead-Generating Website Every Park Place agent gets a personal lead-generating webpage at no additional cost. This custom webpage helps you stay visible to your network, giving past clients and referrals a direct way to contact you. View an example of these agent sites on this page. Even if you're not actively marketing yourself every day, your online presence is working for you. 5. Exclusive Education Discounts Park Place also cares about your ongoing growth. As an agent, you’ll receive a 40% discount on continuing education, post-licensing, and professional development courses through partnerships with the nation’s top real estate school, The CE Shop. These savings apply throughout the U.S., not just in your home state. Explore your continuing education options and savings here. 6. Exceptional Communication and Support Perhaps the most frustrating thing an agent can face is sending an email or making a phone call—and hearing nothing back. At Park Place, that’s simply not acceptable. Call or email Monday through Friday during business hours Speak directly with a knowledgeable broker Get quick, accurate answers to your questions Whether you need guidance on a specific referral, help understanding a CE deadline, or just want to check on a payment, the Park Place team is there. Who Should Join Park Place Realty Network? Park Place is the ideal referral brokerage for agents who want to keep their license active and earn income—without the demands of traditional real estate sales. You're a great fit if: You're tired of paying board and MLS fees for a license you're not using. You're working in another profession but want to stay connected to the real estate industry. You're retired or semi-retired and want to earn referral income without full-time sales. You're living out of state or abroad and want a flexible, passive income model. You want to place your license with the best real estate referral company—and have peace of mind. States Currently Served Park Place currently welcomes agents with licenses in: Florida Georgia North Carolina If you’re licensed in one of these states and meet your state’s CE and license requirements, you can activate your license with Park Place today. Ready to Earn More with Less Stress? Your real estate license is valuable—don’t let it sit idle or go inactive. By partnering with the best real estate referral company, you can continue to earn commissions, keep your license active, and eliminate the costs and headaches that come with traditional brokerages. 👉 Visit ParkPlaceNetwork.com/signupnow to sign up today. Have questions? Reach out directly: 📞 Call: 407-878-0607 📧 Email: admin@parkplacenetwork.com Let Park Place Realty Network help you turn your real estate license into a consistent income stream—on your terms.

Recent changes in Realtor rules have sparked discussions in the real estate industry, particularly regarding how they might affect the real estate referral business. From our perspective, these new regulations are unlikely to have a significant impact on real estate referrals. The foundation of real estate commissions has always been negotiation, and while the rules now require commissions to be explicitly documented in contracts for both buyers and sellers, this doesn’t fundamentally change the nature of real estate transactions. Buyers will continue to seek representation from real estate agents for guidance in both buying and selling homes. Referrals remain an integral part of these processes, and most Realtors will still be eager to pay for high-quality referral. Navigating the New Rule Changes   One notable change is that sellers now have more visibility into whether or not they want to pay a buyer’s agent commission. This option has always been available, but the difference now lies in how this information is shared. Previously, the seller's commission for the buyer’s agent was typically listed on the MLS (Multiple Listing Service), but under the new rules, this information will no longer be displayed. This means that when a buyer’s agent reaches out to a listing agent, one of their first questions will likely be whether a commission is being offered and how much it is.   If the seller chooses not to offer a commission, there’s a chance the buyer may opt to skip viewing the property altogether, favoring homes where the seller is covering the buyer's agent's fee. Over time, this could lead to sellers noticing a decrease in showings and reconsidering their strategy. Ultimately, though, this shift does not alter the mechanics of how real estate referrals work, as commissions—whether on the buying or selling side—remain a key part of the transaction process.   Buyer-Broker Agreements and Their Impact   Another significant change is the introduction of mandatory buyer-broker agreements. In the past, buyers could work with a Realtor without signing such an agreement. The new rules, however, require buyers to sign a contract that specifies the commission the Realtor will earn from the transaction, along with the timeframe in which this agreement is valid. While this might initially deter some buyers, over time, they will likely come to appreciate the value that a buyer’s agent brings to the table. These agreements could actually foster greater loyalty between buyers and agents, as buyers realize that agents provide far more than just access to homes—they offer crucial expertise and support throughout the home-buying process.   Adjusting to the New Normal   Although these new rules introduce additional steps for all parties involved, the real estate industry will adapt. In the past, the commissions that real estate agents earned were not hidden information. The primary change is that these commissions will now be explicitly documented in contracts for both the buyer and seller. This added transparency ensures that everyone involved is fully aware of who is being paid and how much.   In summary, while the new Realtor rules may seem like a significant shift at first glance, they are not expected to disrupt the core functions of the real estate referral business. Agents, buyers, and sellers will all adjust to these changes, and the industry will continue to operate as it always has—with a focus on negotiation, transparency, and providing valuable services to clients. Park Place Realty Network

When you’re beginning your career as a real estate agent, you might think that you should take on every client. Over time, you will learn that there are some clients you are better off without. Perhaps they are just asking around and aren’t really interested, but they end up wasting your precious time. To find out which clients you need to say ‘No’ to, here are 9 questions every agent should ask a new real estate client. 1. Are they going to be working with you exclusively? Don’t take on clients that already have another real estate agent. There is a code of ethics amongst agents to not interfere with the sales of another agent. If the client in question has already signed with someone else, they may also be violating their previous relationship. It’s best to steer clear of those situations and avoid violating any laws. To be on the safe side, you could meet your clients through a referral program. If that’s the case, both sides will know that the other is vouched for. 2. Have they bought or sold a house before? Find out if your clients have any previous experience when it comes to buying or selling property. This is one of the first questions every agent should ask a new real estate client in order to know who they are dealing with. If they have no experience when it comes to real estate purchases, you will need to spend some time explaining the process to them. 3. Why are they buying or selling the property, and why right now? Ask your clients about their motivation to get into the real estate market. This will help you evaluate their sincerity and willingness to follow through. If the clients have an urgent need to buy property, they will probably be more committed to closing the deal. It still doesn’t hurt to ask them why they are in a rush. When talking to your clients about their timing, you will also gain a lot of information on how much work they have put into preparing for the sale. This can give you a better idea of how much preparation is left and what kind of work still needs to be done. 4. How will you communicate? There is another question hidden inside this one, and that’s how often do the clients expect you to communicate. It’s up to the real estate agent to build a relationship with the client. However, some clients can take things too far and expect you to be available at all hours. Set expectations at a realistic level and agree on how communication will function beforehand. 5. When do they expect to be moved in? We already mentioned that some clients might be pressed for time, and you need to get a sense of their ideal timeline. Find out how flexible they are and how long they can wait to move in after the purchase is made. This can give them the option to consider properties that might require additional remodeling work or repairs. If your clients seem to be in a rush to get moved in, it might help to ask some follow-up questions. Try to find out how serious they are. If you found them a perfect home tomorrow, when could they move in? Do they already have the movers selected? Clients might be in a rush but lacking the movers to help them. In that case, you can refer them to brooklynmoversnewyork.com or other reputable moving companies, where they can start getting organized. However, if it turns out that your clients are reluctant and are delaying the move, you should ask more questions and try to get to the root of the issue. 6. Ask about their finances When talking to your clients, you need to discuss more than just the price range they had in mind. Inquire to see if they have been pre-approved for a loan. Being pre-approved can help them act quickly when they see a property that they like. Some clients also tend to overestimate their budget and look at properties beyond their means. Of course, luxury properties are going to look nice, but they definitely aren’t for everyone. Make sure they can comfortably cover the mortgage and inform them of any additional costs they might encounter. 7. What are they looking for? Some people have a crystal-clear idea of what their dream home looks like, while others might not be so sure. Ask your clients what kind of features they want from their future home. You can even help narrow down their search by pointing out some home design trends which most people are looking for. Once you have a list of features they are interested in, you also need to find out how important they are to the clients. Some features will be hard to find and can make house hunting an impossible task. Try to inform them of how the process works and set their expectations accordingly. 8. Do they have professionals for other services already selected? Your clients will probably need a wide range of services and professionals in order to get everything sorted. From home inspectors who can find out if there are any flaws, through contractors if the clients plan to do any remodeling, all the way to movers and packers to help them get relocated. They should have references for all of the professionals they plan to work with. Some background checks are easier to perform than others, but it’s good to make sure professionals are licensed. As a real estate agent, you can remember the contacts of these service providers and start building your network of professionals. 9. What are their deal breakers? After all the other bases are covered, ask your clients about deal breakers. Find out what they will instantly say no to, and save yourself the time you would otherwise waste on certain properties. Summing up Over time, all of this should become routine, and you’ll know the questions every agent should ask a new real estate client. For starters, you can make a list and be very thorough when questioning clients about their plans and ideas. Making sure you’ve covered everything is bound to boost your self-esteem, and it will instill confidence in your clients. Written By: Lisa Robert with US Home Experts

We get this question a lot. Agents of ours are active with a valid real estate license, but we are not members of the Realtor or MLS associations. Since we are not members, you are not required to pay their membership fees which cost on average $1,500+ a year. By not being a member, it is just about impossible for you to work a residential real estate transaction. Below are a few of the reasons: 1. You will not have access to the MLS By being a MLS member, you have great benefits, one of them being access to all properties in your local market that are available that are active. If you are not a member, you will not have access to what is available. If you think you can borrow another agent's username and passcode, think again, as they can track their active accounts through the IP address. 2. Non-representative fees on the MLS Within the MLS, the Realtor has a choice as to what the commission is to be paid to an agent that is a “non-rep”. Typically, they will put down 0%. If you do happen to write an offer and you are not a MLS member, the Realtor can then revert back to this non-rep fee. 3. The Realtor association owns the copyrights to their contracts If you have reviewed a real estate contract, it was probably made by an attorney through the Realtor association. If you try and write an offer on a property with one of these contracts and you are not a Realtor member, you could be setting yourself up for a potential lawsuit. If you do find another contract that is not owned by the Realtor association, then the agent you do send it to will not recognize it. 4. Realtors get a special electronic key to access homes The majority of homes that are active on the MLS nowadays have an electronic lockbox to access the home. This lockbox is great for the homeowners as it provides security to who can access the home, what times they come in, which agent was inside the home, and for how long. The problem is it can only be accessed through an electronic key in which only Realtor members have access. ----- If you are wanting to sell real estate in your local market, then joining your local board of Realtors and MLS is your best option. If you do not want to pay their annual fees and are interested in referring out your business to a top agent worldwide, while a Realtor does all the work for you, take a look at Park Place’s website.

You can make money in numerous ways by having a Real Estate license. We list several ways to make money in Real Estate below. Getting a real estate license is always a good thing to have even if you do not use it much. Like working with a real estate referral company in which is what we do here at Park Place. Even if you work in another industry but happen to have a real estate license, you can refer anyone that you know who is looking to buy or sell any type of real estate, anywhere in the world. We will match them with a top agent who will handle everything for you, and since you have a license you can legally earn a portion of the commission (22.5% of the commission to be exact) as a referral fee. But what if you want to sell real estate full-time? Here are a few avenues in real estate that you can sell by having your real estate license. Residential Real Estate: The majority of real estate agents are in the residential real estate sales market. There is a lot of competition, but there is also a lot of homes that need to be purchased and sold, 62.9% of all Americans currently. The average real estate commission that you will make selling a home is 3% of the total purchase price of a home on the buy, or the sell side of the commission. A $500,000 home will net your company $15,000, but keep in mind the company that your license is held under will often take their cut off the top of this commission. Residential real estate is a good avenue as everyone, regardless of your marketing skills, has a friend or family member looking to buy or sell a home. If your friends & family like & respect you, then they will use you to buy or sell a home. Commercial Real Estate: Commercial real estate can vary widely as there are multiple avenues that you can go into like selling offices, retail, industrial, multifamily or hotel’s. There are the main categories that commercial can fall under. Commissions in commercial real estate vary from 3-10% of the total purchase price. Commercial real estate still has an old feel in many markets, if you can bring a young vibe in the market with new ideas on technology, you might find a great niche with commercial real estate. Business Brokerage: In the U.S., there are currently around 27 Million business owners. As a real estate agent you have the opportunity to sell these business like you would a house. You would go in and assess the value of the business and then market and facilitate the sale with a potential buyer. Typical sales are around 10 Million dollars or less as anything above that cost, the business will typically employ firms that specialize in mergers & acquisitions. Business brokerage is a great niche to get into in real estate that typically sees low competition of other agents. If you understand the concept of how businesses are ran and are good at marketing yourself, this could be a great field for you to get into. Property Managing: Agents like the idea of property managing as there is a great benefit to receiving residual income, which is not normal in real estate. Property managers typically earn the first month’s rent and then 8-12% of each month’s rent on a steady basis. Property managers have to market the property to find a tenant, manage the accounts of each property, and participate in the litigation with the tenants and contractors who maintain the property. This field could qualify for residential or commercial real estate. We hope we gave you some ideas on how getting your real estate license could benefit you. See our blog here on getting your license. As we mentioned above, if you are not interested in working real estate full-time, it is always good to have your license. Most people run into several friends and family throughout the year who are looking to buy/sell or rent out some type of real estate throughout the year. If you have your license with us, you are able to make a portion of the commission by just referring them out to someone that does sell full-time, anywhere in the world. Go to our website www.ParkPlaceNetwork.com to get more details.

You can earn real estate referral fees off of real estate transactions throughout the world with Park Place! More than 1/3 of all real estate licensees are on inactive status with the state. Inactive does not mean you are not in good standing with the state with your license, it just means that you are not “active” under a brokerage, meaning you are not legally able to collect real estate commission. Park Place is not your typical full-time/Realtor real estate company to where you work with buyers and sellers locally. We are a real estate referral company. Below are the differences between the two different types of companies: Standard real estate company: A standard real estate company is a company to where you are a member of the Board of Realtors and the MLS. You are required to join the Board of Realtors and the MLS since these companies are members of these associations. You would typically sell properties or work with buyers directly to find properties in your local market. If you are focused on selling full-time in your local market, this is a great way to make money in real estate. Real Estate Referral Company: These types of real estate companies are not members of the board of Realtors or the MLS. Since they are not members, their agents are not required to be members. Agents in this company place their license under the company and then refer their referrals to agents who are full-time as Realtors and will pay them back a referral fee. There are many real estate referral companies out there, but they are typically a secondary company to the standard real estate company and only focus on their local real estate business. Standard real estate companies like to have a secondary real estate referral company for agents who leave their company from not being able to pay their association dues or are not selling enough. By having the secondary real estate referral company, they can now place their agent’s license in this company until they are ready to go full-time again. They can also collect all of their referrals locally to send back to their full-time company and give it to a full-time agent. What makes Park Place Realty Network different? Park Place has a 100% focus on real estate referrals. We don’t focus on just a local market, but the entire world as referrals can be placed anywhere, residential or commercial. Real Estate brokers are legally able to pay us for our referrals all over the world. We have agents who keep their real estate license active with us who live all over the world. They are also able to place their referrals to full-time agents worldwide. If you have a real estate license and you are not currently using it. Go to our website www.ParkPlaceNetwork.com and see how Park Place could possibly put extra money in your pocket.