Real Estate Agent Referring Business Only

[Matthew Rolf]

Hey BP,

I have a friend who is getting his RE License and plans on only referring clients and collecting referral fees since he has a big network.  He doesn't ever plan on doing a transaction himself (or want to do a transaction himself).  I work with Keller Williams and we somewhat have a program for this, but it still seems more expensive for him than it should be.  Do you have recommendations for a place he could hang his license for the absolute lowest fees?  I'm in Houston (Katy) Texas.  Thanks!