Saturday, July 21, 2012


REAL ESTATE

I only sold real estate from 1973 to 1977.  But I have continued to maintain my real estate license by paying my bi-annual dues and taking the required continuing education classes every two years.  And the reason I keep my license is to occasionally collect a referral fee of $500 to $1,000 or more.

About one night a week (or sometimes less) I call people who are trying to sell their own houses.  I wish them good luck, but tell them if they decide to list their property and they don’t know a good realtor, I can recommend an excellent agent.  If they then list with the agent and the house sells, the realtor pays me about 20% of his commission for the referral fee.

It’s a nice arrangement, but unfortunately, it doesn’t happen very often – maybe once a year.  So today, I was very excited when I learned the good news that one of the home owners I spoke to recently listed his house with the agent I suggested.  Now I just have to wait patiently until the house sells, because if it doesn’t sell I don’t get paid.  So here’s hoping.

By Hannah
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