Broker FAQ
2. Legal & Compliance Questions
Is it legal for an agent to earn commissions through referrals?
Yes, licensed agents are legally permitted to earn referral commissions, provided the referrals comply with local, state, and federal real estate regulations.What are the requirements for agents to become referral agents?
Agents must maintain their real estate license and ensure they meet any continuing education requirements mandated by their state.How does Patriot Trust Realty Associates ensure compliance?
We provide clear guidelines and resources for all referral agents to ensure that referrals meet all legal and ethical standards. Additionally, our broker oversees compliance to protect all parties involved.
3. How Premium Referrals Benefit the Broker and the Agent
Retain long-term relationships with agents, even if they step back from active practice.
Receive a stream of premium referrals from former active agents, keeping business opportunities flowing.
Maintain your brokerage’s reputation as a supportive and forward-thinking leader in the industry.
Earn income through referrals while stepping back from active practice.
Stay connected to the real estate industry and their professional network.
Avoid the challenges of reactivating a license after placing it in escrow.
4. Additional Questions and Topics
What types of clients can be referred?
Agents can refer any client—from buyers and sellers to investors and commercial clients—to trusted professionals who specialize in those areas.How are premium referrals matched with active agents?
Patriot Trust Realty Associates works closely with referring agents and vetted receiving brokers to match clients with the best-fit professionals based on the client’s needs and preferences.What is the process for brokers to recommend agents to Patriot Trust Realty Associates?
Brokers can easily refer agents by contacting us directly. Our broker, Christopher Wilson, will guide both the broker and the agent through the transition process.What ongoing support is available for referral agents?
We provide resources, tools, and guidance to ensure referral agents feel confident in their roles and can maximize their opportunities.
Have More Questions?
We’re here to help. If you have additional questions about transitioning agents into referral roles or partnering with Patriot Trust Realty Associates, please don’t hesitate to reach out. Contact us today by email at contact@ptrareferrals.com, by phone at (717) 647-5847, or schedule a consultation with our broker, Christopher Wilson by email at cwilson@ptrareferrals.com, to learn more about how we can support your brokerage and your agents.
Welcome, Brokers!
We understand that transitioning an agent from active practice to a referral role can raise questions for both you and your agents. At Patriot Trust Realty Associates, LLC, we aim to provide clarity and peace of mind by offering a seamless and professional solution for agents who need to step back from active practice. Our referral company ensures that agents remain licensed, active in the industry, and earning potential income while avoiding the need to place their licenses in escrow.
Below, we’ve addressed some of the most common questions brokers and agents have about referral transitions and how Patriot Trust Realty Associates can help.
1. Common Concerns About Referrals
What is a referral agent?
A referral agent is a licensed real estate professional who connects clients with active agents and earns a commission on successful transactions. They do not actively list or sell properties but focus solely on referring trusted clients.Why should agents choose a referral company over placing their license in escrow?
Placing a license in escrow removes the agent from the real estate industry entirely, which can be a challenging decision to reverse. By transitioning to a referral role, agents maintain their license and continue earning income through referrals while staying connected to the industry.Will agents lose their client relationships?
No, transitioning to a referral role allows agents to maintain their network and trust with clients by referring them to qualified professionals while earning a commission.