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Privacy Policy
Privacy Policy Consent
Use of the data that you provide to us, or which is collected by us on or through our Website is governed by this Privacy Policy. By using our Website, you consent to this Privacy Policy.
Submission, Storage, and Sharing of Personal Data
We may seek personal data including your name, e-mail address, and other contact information, namely when you take actions such as subscribe to our newsletter, join our private forum(s), comment on our blog, use this Website, and/or purchase our Programs, Products or Services or contact us. This information is used to contact you about the Program, Products or Services for which you have expressed interest. By you providing such information to us, you grant us permission to use and store such information. We, in turn, will use our best efforts to keep such information safe and secure.
Your information is stored through a data management system. Your information can only be accessed by those who help manage that information in order to deliver e-mail or otherwise contact those who would like to receive our correspondence.
There may be an occasion where we may ask for demographic information such as gender or age, etc., to personalize our programs or correspondence, or to distinguish adults from minors, but if you choose not to provide such personally identifiable data and information, you may still use the Website, but will not be able to use those services where such information may be required.
Confidentiality
We aim to keep the personal information that you share with us confidential.
Please note that we may disclose personal information if required to do so by law or in the good-faith belief that such action is necessary to (a) conform to the edicts of the law or comply with legal process served on us, our partners, sponsors, investors, or affiliates; (b) protect and defend our rights or property or those of our users; and (c) act as immediately necessary in order to protect the personal safety of our users or the public.
Note that whenever you voluntarily make your personal information available for viewing by third parties online, such as on blogs, message boards, emails, or in chat areas, the information you share also can be seen, collected and used by third parties, and therefore, we cannot be responsible for any unauthorized third-party use of such information that you voluntarily share.
Passwords
To use certain features of the Website, you may need a username and password. You are responsible for maintaining the confidentiality of the password and account and are responsible for all activities (whether by you or by others) that occur under your password or account. You agree to notify us immediately of any unauthorized use of your password or account or any other breach of security, and to ensure that you exit from your account at the end of each session.
It is your responsibility to protect your own password from disclosure to others. We cannot and will not be liable for any loss or damage arising from your failure to protect your password or account information. You are responsible for activities that take place using your password(s) and within your account. If you share your password(s) with anyone, they may be able to obtain access to your personal information at your own risk.
By using our Website, you agree to enter true and accurate information on the Website. If you enter a bogus email address, we have the right to immediately inactivate your account.
We will use our best efforts to keep your password(s) private and will not otherwise share your password(s) without your consent, except as necessary when the law requires it or in the good faith belief that such action is necessary, particularly when disclosure is necessary to identify, contact or bring legal action against someone who may be causing injury to others or interfering with our rights or property.
Unsubscribe
You may unsubscribe to our e-newsletters or updates at any time through the unsubscribe link in the footer of all e-mail communications.
We manage e-mail lists through a list management system. Unsubscribing from one list managed by us will not necessarily remove you from all publication email lists. If you have questions or are experiencing problems unsubscribing, please contact us at
YOUR EMAIL FOR SUPPORT GOES HERE
Anti-Spam Policy
We have taken the necessary steps to ensure that we are compliant with the CAN-SPAM Act of 2003 by never sending out misleading information. We have a no spam policy and provide you with the ability to opt-out of our communications by selecting the unsubscribe link at the footer of all e-mails. We will not sell, rent or share your email address..
Children’s Online Privacy Protection Act Compliance
We are in compliance with the requirements of COPPA (Children’s Online Privacy Protection Act), and we do not collect any information from anyone under 13 years of age. Our Website, Programs, Products, and Services are all directed to people who are at least 13 years old or older.
Anonymous Data Collection and Use
To maintain our Website’s high quality, we may use your IP address to help diagnose problems with our server and to administer the Website by identifying which areas of the Website are most heavily used, and to display content according to your preferences. Your IP address is the number assigned to computers connected to the Internet. This is essentially “traffic data” which cannot personally identify you, but is helpful to us for marketing purposes and for improving our services.
Traffic data collection does not follow a user’s activities on any other websites in any way. Anonymous traffic data may also be shared with business partners and advertisers on an aggregate basis.
Use of “Cookies”
We may use the standard “cookies” feature of major web browsers. Cookies are small pieces of data stored on your computer that contain information about the user. We do not set any personally identifiable information in cookies, nor do we employ any data-capture mechanisms on our Website other than cookies.
Cookies help us learn which areas of our Website are useful and which areas need improvement. You may choose to disable cookies through your web browser’s settings. However, disabling this function may diminish your experience on the Website and some features may not work as intended.
Cookie information is only used when communicating with users as per their indicated preferences and as needed for service-related communications. Third party content that may be displayed on our site may also contain their own cookies, but we have no access to or control over any information collected by third parties through our Website.
Privacy Policies of Third Party Links
Occasionally, at our discretion, we may include or offer third party programs, products or services on our Website. These third-party Websites have separate and independent privacy policies. We, therefore, have no responsibility or liability for the content and activities of these linked sites, and thus we cannot be held liable for the information on their Website or that you voluntarily share with their Website. Nonetheless, we seek to protect the integrity of our Website, and we welcome any feedback about these Web sites.
Assignment of Rights
In the event of an assignment, sale, joint venture, or other transfer of some or all of our assets, you agree we can assign, sell, license or transfer any information that you have provided to us. Please note, however, that any purchasing party is prohibited from using the personal data and information submitted to us under this Privacy Policy in a manner that is materially inconsistent with this Privacy Policy without your prior consent.
Notification of Changes
We may use your contact information to inform you of changes to the Website, or, if requested, to send you additional information about us. We reserve the right, at our sole discretion, to change, modify or otherwise alter this Privacy Policy at any time. Such changes and/or modifications shall become effective immediately upon the posting thereof.
Continued use of any of our Programs, Products or Services, or information obtained through or on the Website following the posting of changes and/or modifications constitutes acceptance of the revised Privacy Policy.
If you have any questions, please contact us at YOUR SUPPORT EMAIL GOES HERE
Referral Broker Network: Boost Your Real Estate Income
Why Referral Broker Networks Are Key to Growing Your Real Estate Career
A broker referral network can supercharge your real estate career. It connects you with new opportunities and clients you might not reach alone. For brokers ready to grow, these networks are game-changers. They help you expand your reach, build connections, and earn passive income.
Referral networks let brokers share clients and earn referral income without handling complete transactions. It's a smart way to work less while earning more. This article will explain why joining a referral network is essential. Discover how it opens doors to success and keeps your career growing.
What is a Referral Broker Network?
A broker network is a platform where real estate brokers connect, share leads, and refer clients to one another. These networks benefit brokers not seeking full-time business but still want to stay active in the industry, generate income, and maintain their licenses.
When you join a referral network, you gain access to a group of licensed professionals ready to refer clients to you based on their needs or vice versa.
The Benefits of Joining
Referral Income Real Estate: How It Works
How it works: The primary benefit is earning referral income in real estate. This income is generated by referring clients to other brokers within the network who can handle specific needs or transactions. For instance, if you have a client who needs to buy or sell a property in an area you don't specialize in, you can refer them to another broker with the necessary expertise. In return, you earn a percentage of the commission when the deal closes.
Passive income opportunity: This passive income can significantly supplement a broker's earnings without requiring additional work. It's an excellent option for brokers who want to maintain a flexible career while benefiting financially from their network of connections.
Broker Referral Income: More Than Just Referrals
Diverse referral opportunities: Broker referral income is not limited to referrals for buying and selling homes. Many networks also offer opportunities to refer clients for property management, leasing, or mortgage services. This diversity allows brokers to tap into various income sources, boosting their bottom line.
A wider range of referral options: Establishing a strong presence in a referral network can increase your chances of receiving high-value leads and earning a consistent income. Over time, your reputation and network grow, and you become known as a go-to broker for referrals in your area.
Access to Real Estate Networking Opportunities
Networking with other brokers: A significant advantage of a referral broker network is access to real estate networking opportunities. These networks connect brokers from different regions, enabling you to build relationships with professionals who can help elevate your business. Networking is essential for anyone in real estate, and these networks make it easy to build valuable relationships quickly.
Building a strong professional network: By regularly engaging with other members, attending networking events, and maintaining an active presence, you'll find that the network opens doors to potential business opportunities you may have missed otherwise.
Growing Your Client Base Through Referrals
How a Referral Network Helps Expand Your Clientele
Broader client reach: One of the best ways to grow your client base is through a referral network. When you join a referral network, you automatically have access to a broader pool of clients and brokers. Rather than relying only on traditional advertising or word of mouth, you can leverage your network's connections to refer and receive clients in return.
Referrals increase clientele: When brokers refer clients to one another, they create long-term relationships built on trust and professionalism. Over time, clients referred by you are likely to return to you when they need real estate services in the future, further expanding your business.
Building Long-Term Relationships with Clients
Creating repeat business: Your real estate lead referrals can become repeat business. Your successful referral builds your reputation within the network and with clients. This creates a cycle of trust where clients return to you for future needs, and brokers continue referring clients back and forth.
Building trust: Referral brokers who focus strongly on customer service and communication often find themselves at the top of the network's referral list. This reputation attracts high-quality clients, making the business more lucrative in the long run.
Commission-Sharing and Collaborative Opportunities
Commission-Sharing Brokers: How It Works
Shared income model: One of the most appealing features is the opportunity for commission-sharing. Instead of handling the entire transaction, brokers refer clients to each other and share the commission from the deal. This system is advantageous for brokers who want to earn income without doing all the heavy lifting.
Increased earnings: For example, if a client needs help buying a property in a different city, you can refer them to a broker in that area. Upon closing the deal, the commission is shared between you and the broker who worked with the client. This collaboration enables you to generate more income while maintaining a flexible workload.
Referral Agents Real Estate: Expanding Income Streams
Passive income as a referral agent: Another benefit of being part of a referral broker network is the chance to become a referral agent. As a referral agent, you can earn income without handling property listings or closings directly. Simply referring clients to trusted brokers earns you a commission, allowing you to focus on other areas of your business or pursue different ventures.
Diversified income sources: This model is ideal for brokers who no longer want to manage active transactions but still want to stay involved in real estate and benefit from referral income.
How Broker Networks Improve Career Flexibility
Work From Anywhere, Anytime
Career flexibility: Referral networks offer brokers career flexibility. Whether working full-time or part-time, you can stay involved in real estate while exploring other career opportunities. With the ability to refer clients from anywhere, you don't have to be tied to a specific geographic location or time commitment.
Maintain license while pursuing other ventures: This is a perfect solution for brokers looking to keep their licensed broker membership active. The referral model allows you to stay engaged in the industry, keep your license current, and earn income without committing to full-time transactions.
Perfect for Part-Time or Full-Time Agents
Opportunities for all agents: Referral networks work for part-time or full-time agents. A referral business broker's model gives you the perfect balance if you're not seeking a full-time real estate career but still want to benefit from your license. Generating income while working part-time is one of the biggest draws of a referral network.
The balance between work and personal life: This flexibility allows you to pursue other career interests or personal endeavors while benefiting from the real estate industry.
Conclusion
Joining a Referral Broker Network can be one of the smartest moves in growing your real estate career. By earning broker referral income, expanding your network, and increasing your client base through referrals, you'll set yourself up for long-term success.
Whether you're a full-time broker or just maintaining an active license, a referral network's flexibility and income potential make it an invaluable resource for any real estate professional. Remember to adhere to the legal obligations and ethical standards governing real estate transactions in Illinois, ensuring compliance and trustworthiness in your business dealings.
Wheaton, Illinois 60523. © Catalyst Group, Inc., 2016. All Rights Reserved.
Wheaton, Illinois 60523. © Catalyst Group, Inc., 2016. All Rights Reserved.