The Real Estate Referral Exchange

New Hampshire Licensed Referral Brokerage

Park Your New Hampshire Real Estate License

Park your New Hampshire real estate license with The Real Estate Referral Exchange at zero monthly cost. No monthly fees. No PrimeMLS (formerly NEREN) fees. No association dues required. Earn referral income on your terms.

The Real Estate Referral Exchange is a referral-only brokerage. Licensees placed here do not practice active real estate brokerage or list/show property. Not affiliated with any REALTOR® association or MLS.

Frequently Asked Questions

The Basics

What is a referral-only brokerage?

A referral-only brokerage is a licensed real estate brokerage where agents hold an active license but do not conduct traditional transactions — no listings, showings, or contracts. Referral agents introduce buyers, sellers, and investors to active agents and earn a referral fee at closing. The Real Estate Referral Exchange is a New Hampshire licensed referral-only brokerage.

Can I park my New Hampshire real estate license for free?

Yes. The Real Estate Referral Exchange charges no monthly fees, no annual brokerage dues, no desk fees, and no PrimeMLS (formerly NEREN) fees to park your New Hampshire real estate license. Your only costs are NH Real Estate Commission (OPLC) license renewal ($90 / 2 yr cycle) and continuing education (~$50 – $200 / cycle (15 hrs incl. 3-hr NH Core)), which are your responsibility regardless of where your license is parked.

Do I need to join NAR, Upper Valley Board of REALTORS® (UVBOR), or any REALTOR association to park my license here?

No. The Real Estate Referral Exchange is not affiliated with the National Association of REALTORS, Upper Valley Board of REALTORS® (UVBOR), or any REALTOR association. You are not required to join Upper Valley Board of REALTORS® (UVBOR), and you will not be billed for association dues. Referral agents may not use the REALTOR® title; use real estate agent, real estate consultant, or licensed referral agent instead. The Real Estate Referral Exchange is a referral-only brokerage. Licensees placed here do not practice active real estate brokerage or list/show property. Not affiliated with any REALTOR® association or MLS.

Do I need MLS access to be a referral agent?

No. Referral agents do not list or show properties, so MLS access is not required or provided. The Real Estate Referral Exchange is not affiliated with PrimeMLS (formerly NEREN). You will not be billed for MLS dues.

Who is a good fit for a referral brokerage?

Referral brokerage is a strong option for semi-retired agents, part-timers, career changers, new licensees, relocating agents, new-build networkers, and anyone paying desk fees for a license they barely use. If you want to keep your license active and earn from your sphere without full-service obligations, a referral-only model may fit.

Costs & Fees

What does it cost to park my license at The Real Estate Referral Exchange?

The Real Estate Referral Exchange charges you nothing — no monthly fee, annual fee, desk fee, or PrimeMLS (formerly NEREN) bill. Your out-of-pocket costs typically include: NH Real Estate Commission (OPLC) license transfer ($20, one-time, paid to NH Real Estate Commission (OPLC)); NH Real Estate Commission (OPLC) renewal ($90 / 2 yr cycle); continuing education (~$50 – $200 / cycle (15 hrs incl. 3-hr NH Core)). CE and renewal are obligations you have regardless of where your license is parked.

What is the NH Real Estate Commission (OPLC) transfer fee to join The Real Estate Referral Exchange?

The NH Real Estate Commission (OPLC) license transfer fee is $20, paid directly to NH Real Estate Commission (OPLC). The Real Estate Referral Exchange does not charge an onboarding fee.

Are there any hidden fees I should know about?

No. The fee structure is disclosed in your Independent Contractor Agreement. The Real Estate Referral Exchange charges nothing to park your license. Any admin fees on certain referral types are disclosed upfront and deducted from the referral fee received before your share is calculated. There are no surprise fees at closing.

What You Can Do

What can I do as a referral agent?

As a referral agent with The Real Estate Referral Exchange you can: refer buyers, sellers, and investors to active agents and earn a referral fee at closing; refer yourself on your own transactions; register clients directly with new home builders; keep your New Hampshire real estate license active without full-service obligations; and stay connected to your sphere and past clients.

What can I NOT do as a referral agent?

Referral agents may not: list or show properties; write or negotiate contracts; represent buyers or sellers as an active agent; engage in mortgage or lending activity; or use the REALTOR® trademark unless you maintain separate NAR membership. Referral agents are responsible for completing continuing education and paying NH Real Estate Commission (OPLC) renewal fees ($90 / 2 yr cycle) on schedule. The Real Estate Referral Exchange does not complete CE or pay renewal fees on your behalf.

Can I use the REALTOR® title as a referral agent?

No. The REALTOR® trademark belongs to the National Association of REALTORS and may only be used by dues-paying members. The Real Estate Referral Exchange is not a NAR member brokerage. Use real estate agent, real estate consultant, or licensed referral agent instead.

Can I refer clients to any agent or brokerage?

Yes. You can refer clients to any licensed agent or brokerage in New Hampshire or nationally. You are not limited to a single network. Compensation varies by referral type — contact Spenser for details.

Getting Paid

How do referral fees work?

The standard referral fee is typically 25% of the gross buyer or seller side commission, negotiated with the receiving agent. When a transaction closes, the receiving brokerage pays the referral fee to The Real Estate Referral Exchange. The Real Estate Referral Exchange then disburses your share. Your share by referral type: Preferred Local Brokerage: you keep 90% ($150 admin fee); Preferred National Network: you keep 85% ($150 admin fee); Outside -- Agent Finds Agent: you keep 75% ($150 admin fee); Outside -- Broker Places Agent: you keep 80% ($150 admin fee); New Construction: you keep 90% ($150 admin fee). Admin fees, where applicable, are deducted from the referral fee received before your share is calculated.

When do I get paid?

Payment is processed after the transaction closes and The Real Estate Referral Exchange receives the referral fee from the receiving brokerage. Referrals must be submitted through the agent portal before closing to be eligible.

Your License

How do I keep my New Hampshire real estate license active as a referral agent?

Referral agents are responsible for completing continuing education and paying NH Real Estate Commission (OPLC) renewal fees ($90 / 2 yr cycle) on schedule. The Real Estate Referral Exchange does not complete CE or pay renewal fees on your behalf.

Can I come back to active real estate after parking at The Real Estate Referral Exchange?

Yes. Keeping your license active at The Real Estate Referral Exchange means you do not have to start from scratch when you return to active real estate. Transfer your license to a full-service brokerage when ready — no re-examination required.

What happens if I want to leave The Real Estate Referral Exchange?

You can transfer your license to another brokerage at any time through NH Real Estate Commission (OPLC). The Real Estate Referral Exchange does not charge a penalty to leave. Referrals submitted before departure that close afterward are governed by your Independent Contractor Agreement.

Can a new licensee park their license here?

Yes. New licensees who earned their license but have not launched an active career are a good fit. Park your license at no brokerage cost and earn from referrals when opportunities arise naturally.

Getting Started

How do I join The Real Estate Referral Exchange?

Contact Spenser Molloy at Spenser@nexthomemodernrealty.com or 603-748-3039. Review and sign the Independent Contractor Agreement and Policy Manual. Transfer your New Hampshire license to The Real Estate Referral Exchange through NH Real Estate Commission (OPLC) ($20 transfer fee paid to NH Real Estate Commission (OPLC)). Receive agent portal access at https://therealestatereferralexchange.com/login and submit referrals when opportunities come up. There is no sales pitch and no obligation.

How long does it take to get set up?

Paperwork typically takes an hour or less. NH Real Estate Commission (OPLC) license transfer processing time varies but is generally a few business days once submitted. Spenser Molloy will confirm portal access when the transfer is processed.

How do I contact Spenser Molloy?

Email: Spenser@nexthomemodernrealty.com. Phone: 603-748-3039. Visit https://therealestatereferralexchange.com to learn more about parking your New Hampshire license with The Real Estate Referral Exchange.

Contact

Spenser Molloy — Principal Broker, The Real Estate Referral Exchange

Email: Spenser@nexthomemodernrealty.com

Phone: 603-748-3039

89 Main Street, West Lebanon, NH, 03784

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