Summertree Inc. Information Summertree Inc. is a Referral Agency for part time agents to hang their license. If you don't want to pay the approx. $2,000 it costs to get started as a full time agent and/or pay the ongoing MLS and Board of Realtor dues, you can place your license with Summertree Inc. and send referrals to full-time Realtors and receive referral fees.
$100 annual fee.
No monthly or association dues.
Not a part of Realty Executives or Hedges Real Estate Inc.
Not a member of any Boards of Realtors or any Multiple Listing Services. Not allowed to list or sell real estate - referrals to other agents only. Receive referral fees - usually 60% of a 25% referral fee. In other words, if you refer a buyer or seller on a $150,000 property, your referral fee after closing would be $675 if the agent you refer to agrees to a 25% referral fee to Summertree Inc.
Your continuing education and state licensing fees are your only costs.
These agents are only authorized to send referrals to full-time agents and receive referral fees and cannot list or sell real estate.
Referral fees are split 40% to Summertree Inc. and 60% to the agent.
This is a great way to hold your license and potentially earn some money sending referals if you are not currently in a position to work full time listing and selling real estate.
Here are the approximate costs to get licensed:
Principles of Real Estate - Pre-License Class $195.00 Kansas R. E. Commission Test -ASI Testing Center $75.00 License Application $15.00 Temporary License Fee $25.00 Summertree Inc. is a great place to put your license while you are in the learning process. When you are ready for full time real estate sales, please consider joining Realty Executives - Hedges Real Estate. Back To HedgesRealEstate.com Home Page |
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