FAQs

━━━━━━━━

STILL NOT SURE?

Frequently Asked Questions

What are the costs involved in being a member?

Membership is simple. There is one annual administrative fee to affiliate with Referrals by BPRE, LLC. Your state will also require license renewal fees and any continuing education (CE) costs as required by DPOR. There are no MLS fees, no board dues, and no E&O insurance costs when you are affiliated as a referral-only agent.

How do I join?

Complete our short online application and let us know your license status:

-Transferring from another broker

-Reactivating from inactive status

-Reinstating an expired license

-Newly licensed

We’ll provide the paperwork you need to affiliate with Referrals by BPRE, LLC and get you started right away.

How much can I make on a referral?

Referral income depends on the referral fee agreed to and the split outlined in your Independent Contractor Agreement. Standard referral fees in the industry range between 25–35% of the gross commission, though they can be higher or lower depending on the arrangement. After the fee is received by Referrals by BPRE, LLC, your portion is disbursed to you within 7 business days.

Do I still have to complete Continuing Education (CE)?

Yes. Even though you are not an active sales agent, your license is active. All Virginia licensees must complete continuing education and renewals as required by DPOR.

Can I receive a referral fee on my own transaction?

Yes! If you are buying or selling your own home, you can structure the deal as a referral and receive a referral fee—just like you would for any other client.

Can I make commercial referrals?

Yes. In addition to residential referrals, we accept commercial referrals and will ensure they are placed with experienced commercial agents.

Can I make rental referrals?

Yes, if the receiving agent is willing to pay a referral fee. Some agents will, while others may not due to smaller commissions. However, placing a rental referral often builds goodwill and leads to future buyer or seller opportunities.

How can I promote myself as a referral agent?

You may identify yourself as affiliated with Referrals by BPRE, LLC in compliance with Virginia DPOR advertising rules. All marketing must include the brokerage name, and any promotions should be reviewed for compliance. We can provide guidance and templates to make this easy.

Do I need MLS or REALTOR® membership?

No. This is a referral-only affiliation—no MLS or association dues are required.

Can I actively sell?

Not under this referral-only affiliation. Your role is to refer, not to list, show, advertise, or negotiate.

© Copyright 2025. Virginia. All Rights Reserved.