Illinois Real Estate License Holding Company
- Only $95 per year
- 85% referral payout
- 5-Star Rated
What's Included with NextPath Realty
- Active Illinois broker license status maintained with IDFPR
- No MLS membership required — save hundreds per year
- No NAR® or local board dues
- No desk fees or administrative charges
- 85% referral commission split on every closed transaction
- Refer buyers and sellers to any agent you choose in any state
- Simple online referral submission system
- Responsive managing broker support when you have questions
Compare that to a traditional brokerage where MLS dues alone can run $800–$1,500 per year, plus NAR® membership, local board fees, and monthly office costs. For an agent who isn’t actively selling, those fees add up to thousands of dollars a year for very little return.
Is an Illinois License Holding Company Right for You?
Career Changers
You left real estate but want to keep your license active in case an opportunity comes up.
Dual-Career Agents
You work full-time in another field and only do occasional referrals on the side.
New Licensees
You passed your exam but aren’t ready to commit to a traditional brokerage.
Retiring Brokers
You’re winding down your career but want to stay licensed for the occasional referral.
Between Brokerages
You’re in transition and need a low-cost place to park your license while you decide.
If you hold an Illinois real estate license but aren’t actively selling, a license holding company keeps your license active — without the cost and overhead of a traditional brokerage.
How to Join
Step 1
Fill out our quick online application form. It takes about five minutes. Make sure to review the policies and procedures before signing so you know what you can and can’t do as a referral agent.
Step 2
Payments are submitted securely through Stripe, our third-party payment processor. Stripe encrypts your payment information and handles the transaction using industry-standard security measures.
Step 3
Transfer your license to us through the IDFPR portal using our guide. We’ll walk you through each step along the way. If you have questions at any point, we’re here to help.
Step 4
Submit your referrals using our simple online form. We will handle getting signed agreements and getting you paid.
Common Questions
How long does it usually take?
The application process can be completed in about 5 minutes. Transfers are usually accepted by us the same day they are initiated and processed by the state within 24 hours.
Are there any additional fees besides $95 a year?
We charge no additional fees to hold your license. The state charges a nominal fee, currently $35, to transfer your license to us. You will still be responsible for all CE and renewal fees.
How soon can I start submitting referrals?
You can start sending us referrals as soon as you join. We can’t pay out any referral fees until your license is transferred to us and active.
How quickly do I get paid?
Referrals are paid out via direct deposit on the Friday after the payment received clears our account.
If you have any additional questions, please contact us and we will be happy to help.
What our Brokers are Saying
- $95/Year
- 85% Referral Split
- No MLS Fees
- No NAR® Dues
- 5-Star Rated
Frequently Asked Questions
The fee to join our holding company as a referral agent is $95 a year, one of the cheapest in the industry. Membership renews annually on your anniversary date.
No. As a referral only agent with our company you are only allowed to refer buyers and sellers to other agents of your choosing.
Yes, you are still a real estate broker in the State of Illinois and will have to meet the CE requirements necessary to keep your license active.
Yes, you can refer to any broker of your choosing, including those from out of state as allowed by state statute. We have not found any jurisdictions where a referral is not allowed to this point.
Additional Questions?
If you’re not seeing your question in the FAQ, send me a note using the form. I’m happy to help.