From the course: 43 Ideas for Starting a Side Business

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Get a real estate license and refer deals

Get a real estate license and refer deals

From the course: 43 Ideas for Starting a Side Business

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Get a real estate license and refer deals

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- Getting a real estate license might seem daunting, but it's actually easier than you might think. And you can use it for a side business doing referrals and never leave your job to become a full-time realtor. Here's what this looks like. Once you have a license, you can use your network of friends and family to let them know if they want to buy or sell a home, you'll help them find a hardworking agent. You're basically the intermediary to build trust between your people and a realtor. You then bring your person to a realtor who pays you up to 25% of their commission, just for the referral. Here's how to do it. You'll spend a little money to enroll in an online course and get your agents license. Next, find a small brokerage that'll let you hang your license with that agency. And then negotiate a deal with other agents to get a cut of any referral you bring. Finally, use your personal network to bring people to the…

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