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Great Lakes Referral

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  • (888) 660-7388

Great Lakes Referral

Great Lakes Referral is a company that allows you to keep your Michigan real estate license with a broker so you can still make an income from your real estate referrals – past clients, friends, family, etc. It’s easy to get started!
 
 
The Process: 
  • Transfer your license to Great Lakes Referral
  • Sign our Licensee/Broker Contract
  • Once you receive your pocket card, you can begin referring prospects
  • When you have a referral, submit a referral form
  • We match an agent based on your clients’ needs (or you can request one)
  • We track your referral throughout the process, keeping you updated along the way
  • Once the transaction has closed, we collect the referral fee and mail a check to you
 
We place referrals with one of our qualified agents, or if outside our market area, another qualified Broker.
 
 
Advantages to You: 
  • Great Lakes is paid a higher referral fee of 30% compared to 20-25% that many companies receive
  • Generous commission split of 70/30
  • No more Local, State, or National dues
  • Send referrals anywhere in the United States
  • Agents are carefully selected to best fit your prospects’ needs
  • Annual fee AND Con-Ed reimbursement with just one closed transaction each year
  • Dedicated staff to maintain communication
  • Access to all our offices throughout Michigan

 


Income example from just one referral:

Sale Price                     $ 200,000

Listing or Sale
side Commission 3%      $ 6,000

Great Lakes Referral     
Fee Received 30%          $1,800
 

70% Payable to you      $1,260



Your Cost

  • Transfer fee paid to the State of Michigan to transfer your license to Great Lakes $10 (one time fee)
  • State license renewal ($78 every 3 years)
  • Membership $70/year (reimbursed with just one closed transaction each year)
  • Continuing Education (approx. $50/year - reimbursed with just one closed transaction each year)

 

Contact Us Today!

Toll Free 888-660-7388

Great Lakes Referral
502 Northland Drive
Rockford, MI 49341