Address
3000 E Beltline NE
Grand Rapids, MI 49525
Phone
888-660-7388
Are you an agent who is retiring or pushing pause on your real estate career?
Keep your real estate license working for you
Keep your Michigan or Indiana real estate license active and earn passive income from your network (past clients, friends, family) with Great Lakes Referral, all without the burden of MLS and board fees. We handle the paperwork; you earn the commission. Need help? Our Success Concierge Team is on standby, dedicated to supporting you throughout the entire referral process from start to finish.
Should I put my license in holding?
Placing your real estate license with a referral and holding company is a strategic move to save money and maintain your professional credentials without the demands of active sales. Here are some common scenarios where agents choose to put their license in holding.
You’re Taking a Temporary Break
It’s a good fit if you plan to return to active sales within a few years.
You’re Starting a New Full-Time Career
You want to earn passive income by referring leads from your network.
You’re Retiring or Want to Semi-Retire
You want to keep your license current to monetize your extensive client network.
Advatages of using Great Lakes Referral
Generous 70/30 Split
Great Lakes is paid a higher referral fee of 30% compared to 20-25% that many companies receive. Our commission split is industy leading with most competitors advertsing an 80/20 commission split.
Increased Income
Just send us your referral and we’ll take it from there. If a sale is made you’ll automatically get paid!
Reduced Expenses
You will no longer need to pay local, state or national board dues/MLS fees with your license in holding.
Annual Fee & Con-Ed Reimbursement
We will reimburse your annual GLR dues and coned fees with just one closed referral each year.
Flexibility
Once you’re ready to re-activate your license we make it easy to transfer your license to the brokerage of your choice.
It’s Easy
Want us to take care of everything? No problem, just send us your referral, sit back wait for payment. Referral agents are carefully selected based on your prospects needs.
Dedicated Staff
We are here to help! Contact your Success Concerige Team with any referral, commission, license transfer, or billing questions.
Choice
You can pick the agent(s) or brokerage(s) you would like us to work with.
Ready to transfer your license?
Frequently Asked Questions
Once your license is transferred placing a referral is simple! Just fill out this referral contact form.
Our Referral Coordinator will take it from there—assigning your referral to a licensed real estate agent in the area, tracking it through the closing process, and ensuring you’re paid promptly after closing.
Yes! We can assign the referral to an agent/broker of your choice. Just note this on your referral form and we’ll assign it to them directly.
Annual dues cover administrative costs for running the referral company and processing referrals. However, your dues are fully reimbursed to you with just one closed referral each year. Plus, every closing can earn you extra income-a great side hustle opportunity!
No problem! Through our referral network, we’ll connect your referral to a trusted agent in any city or state, even if you don’t know someone personally.
Michigan Licensees: Yes, you still need to make sure you’re staying updated on your continuing education each year.
Indiana Licensees: No, continuing education is not required while your license is in referral.
For the Michigan requirement, Yes! Just submit your continuing education receipt after your first closed referral of the annual billing period, and we’ll reimburse those fees along with your dues.