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Home > Agent Employment > I need a real estate license...
What can I do as a Horizon Realty Services (HRS) employee?
You can provide specialized real estate services called "referrals."
You inform your broker that a person you know is looking
for a real estate agent to help him buy or sell a property
anywhere in North America. That way you not only help that
person locate an agent suited to help him, but you also
receive a check for this service when the transaction is
completed at close of escrow.
Why would I want to have a real estate salesperson
license?
Under California state law, anybody may make
a referral. However, only a licensed real estate salesperson
employed by a broker may receive a check to be paid for
making that referral
How much could I earn by providing this service?
Based on the California Association of Realtors'
figures for a median house price in Humboldt County, your
check would be for $1,499 for each referral. If the referral
were for elsewhere in Northern California, your check would
be for $1,847 and based on the median house price for all
of California, you would earn $2,442 for each referral.
Your referrals are not limited to California, but could
be for anywhere in North America, each time based on a percentage
of the actual sales price of the property. All you have
to do is to notify Horizon Realty Services that a person
is looking for a real estate agent and we do the rest.
Why do I need to be employed by a broker?
California state law prohibits a salesperson from engaging in any real estate activities, including referrals, unless he is employed by a broker. The employing broker is legally responsible for the real estate activities of a salesperson. All transactions by law are between brokers, with the sales agent sharing resultant commissions based on prior agreement between the agent and broker. To collect your referral fee, you must have a California real estate salesperson's license and be employed by a real estate broker.
Why should I use Horizon Realty Services as my broker?
Most brokers require that their salespersons work as real estate agents who represent buyers and sellers in traditional real estate transactions. Horizon Realty Services employs only salespersons who provide referrals. So Horizon Realty Services is ideal for the licensee who does not want to work full time in real estate but who would still like to earn income from having a real estate license without all the traditional expenses.
When you calculate the cost of obtaining a license compared to its
potential income, you may find it provides a lucrative "second
job" without the many requirements of other jobs.
What are my expenses when I place my license with Horizon Realty Services?
Absolutely none! Horizon does not require you to pay a desk or franchise fee. You have no expenses for stationery, gasoline, business cards, insurance, advertising, signs, telephone or other usual real estate salesperson activities. There is also no expenditure of time and effort on your part in working with a client or obtaining listings. To receive your paycheck, you merely wait until escrow closes while Horizon monitors the transaction for you.
I don't have a real estate license now--how can I get one?
The minimum requirements for obtaining a real estate salesperson license in the state of California are the completion of one course of Real Estate Principles and passing a state examination. The candidate must be at least 18 years of age, provide proof of legal residence in the US, and submit fingerprints. Conviction of certain crimes will result in denial of a license.
What do I have to do to keep my license active?
There are various courses that DRE requires. Your license must also be renewed with the DRE periodically. For details click here.
How can I start being sent these referral fee checks?
Get your real estate salesperson license and
email or call Horizon Realty Services at broker@HorizonRS.com
or 1-888-210-5924 x301 now!
If you anticipate receiving your license in the
near future, go ahead and fill out an HRS
employment application and mail or fax it in today!
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