There are many reasons why selling real estate on a full-time basis may not be right for you. Many agents and brokers, however, regret fully inactivating their license.
What types of agents and brokers hold their license with Marathon Referral Associates, LLC? Here are some examples:
- Agents or brokers who are retiring but still want income from referrals
- Agents or brokers who have experienced a decline in their business or had a disappointing year or two
- Licensed closers and mortgage lenders who do not actively sell
- Agents or brokers who plan on extensive travel in the next year and don’t want to pay the fees
- Agents or brokers with family members that they need to care for
- Agents or brokers who are experiencing health issues
- Agents or brokers who want to sell their business
- Agents or brokers who have a well-developed network, but don’t want to actively work on deals
- Agents or brokers who no longer want the pressure of having to produce
- Agents who obtained their license in the last year or two and decided that a full-time real estate career isn’t for them, but don’t want to throw away the time & money spent on their license
- Part-time agents and brokers who aren’t making enough in commission to justify paying all the expenses
- Agents who are licensed in multiple states and do not want to join the MN local & state associations
- Agents in a transition period who need time to decide if they want to keep their license active
You can transfer your license back to an active brokerage at any time if you decide to sell full-time again!
Want to move forward? Read about the transfer process.