January 9, 2025

3 Reasons to Put Your NJ Real Estate License on Referral

Agents
Updated:January 26, 2025

New Jersey offers a unique licensing status for referral agents, distinguishing it from many other states. Here are three advantages of holding a real estate license as a referral agent in New Jersey:

Exemption from Continuing Education (CE). In New Jersey, referral agents are completely excused from continuing education obligations. While full-service agents must complete the necessary credit hours biennially, with a deadline two months before their license renewal, missing this deadline incurs a $200 fine.
License Flexibility. If you decide to return to full-service real estate, it’s straightforward for referral agents in New Jersey to get up to speed by completing their CE credits online.
Reduced Costs and Income Opportunities. Although not unique to New Jersey, becoming a referral agent is an excellent strategy for keeping your license active while significantly cutting down on expenses like board dues and MLS fees. Plus, you can earn commissions in your spare time by referring clients, including friends, family, or even yourself.

Save Thousands, Keep your Real Estate License Active!

Place your real estate license in referral status for as little as $79.00 per year.

Resources

What is a referral agent?

Find out how New Jersey referral agents save thousands and earn commissions on their own schedule.

Commission Tool

Discover how New Jersey referral agents save thousands and earn commissions during their spare time.

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Locations

NJ Real Estate Referral Company LLC

NJ Real Estate Referral Company LLC License no. 2447566