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.
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.