ABOUT KRRS

Kentucky Residential Referral Service

An Opportunity for Agents to Earn Income After Stepping Away from Real Estate

Sometimes agents retire or move into a new career. The relationships and experience you’ve built in real estate can still have value.

With the Kentucky Residential Referral Service (KRRS), you can step away from day-to-day sales and continue earning referral commissions by connecting clients with active real estate agents.

KRRS associates must maintain an active Kentucky real estate license, including meeting applicable renewal and education requirements. However, you may avoid many of the costs associated with active sales, such as MLS and REALTOR® association dues.

Your role is to make the referral. The active agent handles the transaction, and you don’t take part in it beyond receiving any eligible commission when it closes.

How How Referral Commissions Work

KRRS Associates receive 70% of the referral fee paid to KRRS. Here’s an example using a 25% referral fee:

Sale price: $300,000
Commission at 3%: $9,000
Referral fee at 25%: $2,250
Your 70% share: $1,575

If the referral closes under these example terms, you would receive $1,575.

Depending on your license costs and referral activity, commissions may help offset the cost of maintaining your license. Actual amounts vary, and a commission is paid only when a referred transaction closes.

Become a KRRS Associate