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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
Why You Need Real Estate Sponsor ship Services for Success?
Are you looking to establish yourself in the competitive real estate industry? Whether you're an aspiring agent or an experienced professional, navigating the licensing and legal requirements can be challenging. This is where real estate sponsorship services come into play.
These services offer the support and structure needed to build a thriving career while staying compliant with Illinois' referral brokerage laws. In this blog, we'll explore why real estate sponsorships are important for success and how they can simplify the process for agents working within a referral brokerage model.
What Are Real Estate Sponsorship Services?
These services provide professional support to individuals seeking to work under a licensed broker. However, in the case of referral brokerages, this support is tailored to the unique rules governing referrals rather than direct real estate transactions.
This arrangement allows agents to operate legally while gaining valuable industry insights and mentorship, all while adhering to Illinois' referral-specific laws.
From license management to compliance oversight, sponsorship services offer a structured foundation that simplifies the process of entering and excelling in the real estate referral field.
The Role of a Real Estate License Sponsor in a Referral Brokerage
A real estate license sponsor is a licensed broker who takes responsibility for agents working under their supervision. In a referral brokerage, this relationship focuses on overseeing the legal aspects of referral transactions, ensuring that agents comply with the referral rules and laws specific to Illinois.
Sponsors ensure agents are operating within these frameworks, helping them avoid costly mistakes while offering guidance in growing their client base and generating referral opportunities.
Inland Real Estate Network understands the importance of proper sponsorship in a referral brokerage model and ensures agents are equipped with the tools and resources they need to succeed.
Key Benefits of Sponsorship Services in a Referral Brokerage
a. Compliance and Legal Support
The real estate referral industry operates under a specific set of regulations in Illinois. Sponsorship services ensure agents meet these requirements and avoid costly errors. With a managing broker sponsorship, agents gain access to experts who understand these laws and keep operations on track within the referral framework.
b. Business Growth Opportunities
Working under an experienced sponsor opens doors to new referral opportunities. Whether it's learning effective marketing strategies, understanding market trends, or leveraging the expertise of an established broker, agents benefit from valuable insights that accelerate growth in the referral space.
c. Professional Mentorship
New agents often face uncertainties when starting in a referral brokerage. A real estate license sponsor acts as a mentor, guiding them through challenges and helping them build confidence in their ability to generate referrals. They share best practices, strategies for success, and real-world insights, fostering professional growth within the referral model.
d. Administrative Support
Handling paperwork and regulatory filings can be overwhelming, especially when navigating the unique rules of referral brokerage. Sponsorship services streamline this process, enabling agents to focus more on building relationships and generating referrals. Sponsors assist with business setup, compliance documentation, and more, ensuring agents stay compliant without the administrative burden.
Managing Broker Sponsorship—A Stepping Stone to Growth in Referral Brokerage
For those aiming to climb the ladder in real estate, managing broker sponsorship is a game-changer, even within a referral brokerage. It allows agents to operate with greater independence while still benefiting from the expertise and resources of an established broker.
This sponsorship model is designed to help agents transition into leadership roles, offering them mentorship, training programs, and opportunities to mentor others within the referral system. It provides agents with the necessary experience and resources to expand their business without sacrificing compliance and structure.
Handling Sponsorship Fee Payments Effectively
One of the most common concerns agents have is sponsorship fee payment. These fees vary depending on the services provided and the broker's reputation. While some may view sponsorship fees as an added cost, they are an investment in career development and compliance assurance within the referral system.
Sponsorship services offer an essential foundation for your career, ensuring you operate within the boundaries of the law while gaining the mentorship and industry insights you need to succeed.
The Importance of License-Holding Sponsorship
License-holding sponsorship is an essential service for agents who may not be actively working in real estate but still want to maintain a valid license in Illinois' referral brokerage system. This arrangement allows agents to keep their licenses valid while they are not actively selling properties or making referrals.
It's beneficial for part-time agents, those transitioning into different roles, or those temporarily stepping away from active selling.
Who Can Benefit from Real Estate Sponsorship Services in a Referral Brokerage?
They benefit a variety of professionals, especially in the context of a referral brokerage:
New agents entering the market need guidance and a legal framework to operate within the referral model.
Experienced agents seeking growth opportunities through mentorship and expanding their referral business.
Part-time agents who need to maintain their licenses without committing to full-time real estate work.
Brokers looking to expand their referral teams without adding administrative burdens.
Final Thoughts
Having the right sponsorship services can make all the difference between struggling and thriving. From compliance management to professional mentorship, these services offer invaluable support that keeps agents focused and competitive.
With broker license sponsorship, managing broker sponsorship, and flexible license holding options, Inland Real Estate Network provides everything you need to build a successful career in the referral brokerage industry.
Frequently Asked Questions (FAQs)
What is a real estate license sponsor?
A real estate license sponsor is a licensed broker who supports agents by managing compliance, licensing requirements, and mentorship, specifically within the referral brokerage model.
How does managing broker sponsorship work in a referral brokerage?
Under the supervision of a licensed managing broker, managing broker sponsorship provides agents with guidance, resources, and compliance support, helping them transition into more independent roles within the referral system.
Are sponsorship fee payments worth it in a referral brokerage?
Yes, sponsorship fees are an investment in compliance, professional development, and long-term career growth within the referral system.
Can I hold my license without actively selling in a referral brokerage?
Yes, license-holding sponsorship allows agents to keep their licenses valid even if they're not actively making referrals or transactions
Why choose Inland Real Estate Network for sponsorship?
Inland Real Estate Network offers transparent pricing, expert support, and flexible sponsorship programs tailored to agents' needs within the referral brokerage model.
Wheaton, Illinois 60523. © Catalyst Group, Inc., 2016. All Rights Reserved.
Wheaton, Illinois 60523. © Catalyst Group, Inc., 2016. All Rights Reserved.