Frequently Asked Questions

Referral agents must be licensed with a referral company and are not required to be members of a board or MLS or to pay E&O insurance or take Continuing Education.

Yes, New Jersey real estate license's must be renewed every odd numbered year. The fee for this is collected by the Referral Agent Group on behalf of the state. This is separate from your Referral Agent Group yearly membership fee.

Your license can be reinstated within 2 years of it expiring. If your license expired expired more than two years ago you need to apply for a new license.

The New Jersey Real Estate Commission no longer issues paper licenses. You may obtain a digital copy from their website at https://www-dobi.state.nj.us/DOBI_LicSearch/recSearch.jsp. Remember that you are always required to be able to show a physical or digital copy of your license, even as a referral agent.

Great news! As a referral agent you do not have to take any CE until you change your license back to a Salesperson or Broker/Salesperson license type. 

Yes! Just make sure you have a referral agreement with the out of state agent and that your portion of the commission is sent to the Referral Agent Group so that we can pay you on it.

Contact an agent you wish to send a referral to. Make an agreement with them as to the percentage of the commission you will receive (typically 25-35%). Once they close the sale they will send your referral commission to the Referral Agent Group and we will pay from that commission.

You can send referrals to any licensed agent in any office or state!

Yes! It works the same way as a regular referral. Just negotiation your referral percentage in advance with the real estate agent you are working with.

The Referral Agent Group is perfect for agents like you who move out state but still know a lot of people  in NJ who are buying or selling real estate. You can keep your NJ real estate license active with the Referral Agent Group and still get referrals on all those transactions.