What To Do After a Career in Real Estate: Make Passive Income, Becoming a Referral Agent
If you’re considering retirement, transitioning to a new career, or stepping away from the real estate industry, you might be wondering what to do with your real estate license and the business you’ve built. Whether you’re a Realtor in Denver, Colorado Springs, or anywhere in Colorado, there’s a simple solution that allows you to continue earning passive income: becoming a referral agent.
If you’ve searched "What to do when retiring as a real estate agent?" or "How to make money with my real estate license without selling?", this article will guide you through why becoming a referral agent could be the perfect next step for you.
Why Become a Referral Agent?
- Turn Your Business into Passive Income: Refer your trusted clients to active agents and earn a referral fee for every closed transaction.
- Provide Continuity for Your Clients: Your clients will appreciate being connected to a reliable, experienced agent, ensuring they continue to receive excellent service.
- Stay Connected Without the Stress: Enjoy the benefits of staying involved in the real estate industry without the demands of active sales or production goals.
Who Should Consider Becoming a Referral Agent?
Becoming a referral agent is a great option for:
- Retiring Realtors: Keep earning income while stepping back from active real estate.
- Realtors Transitioning Careers: Generate income from your network while focusing on your next chapter.
- Agents Scaling Back: Stay involved in real estate at your own pace while still benefiting from your years of experience.
How to Transition to a Referral Agent
When it comes to transitioning into a referral role, you have two options:
- Stay with Your Current Brokerage: Many brokerages allow agents to maintain their license for referral purposes. Be sure to confirm any production requirements or fees they might have.
- Hang Your License with a Referral-Friendly Brokerage: Brokerages like LIVLUX Real Estate specialize in supporting referral agents. By working with LIVLUX, you can ensure your clients receive exceptional care while you enjoy a smooth and profitable transition.
Ready to Explore Your Options?
Before you leave the real estate industry, take a moment to consider how becoming a referral agent could benefit you. LIVLUX Real Estate makes it easy to preserve your legacy, earn passive income, and ensure your clients are cared for.
Fill out our quick form to learn more! We’ll contact you to discuss your goals and determine if becoming a referral agent with LIVLUX is the right fit for you.
Don’t Leave Money or Relationships Behind
Make the most of what you’ve built—your real estate career can still work for you, even after you’ve moved on. Contact LIVLUX Real Estate today to start your journey toward a stress-free, rewarding next chapter. Fill out the quick contact form to schedule a time to talk and see if we're the right fit.
