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Have more questions? Feel free to reach out.

You can use the search bar to find your questions below. Have more questions? Feel free to reach out.

FAQs

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Broker Legacy FAQ

Fill out the form on our Contact page and we'll be in touch with the information you provide. Check out our Join page to see what paperwork you might need in order to join.

Inactive and expired licenses can be reactivated as part of the registration process with Broker Legacy. If your license has been expired for over 3 years, you'll have to go through the entire licensing process with the state, but after that you can still join and enjoy our low costs and large referral fees.

The number one advantage is the 35% commission you receive on every referral transaction that is closed. You also save on office fees, transaction fees, MLS fees, Board of REALTOR® fees, and costly E&O insurance premiums. For a small annual fee of $200 (which includes your E&O Insurance), you keep your license active and earn up to 35% referral fee every time one of your referred clients closes a transaction. No other splits or transaction fees are deducted. Out-of-network referrals have a $350 surcharge.

The sky's the limit. It's about how much you keep. For instance, 35% of a 3% commission on a $500,000 home is $5,250. You only pay our $200 annual fee. Any out-of-network referrals will incur a $350 handling fee.

Yes. Simply fill out the referral form – we will contact you for further details about the transaction and we'll take care of the rest.

Yes. When filling out the referral form, enter the agent you'd like to handle your client, or use one of our in-network brokers throughout the state.

The Colorado Real Estate Commission charges $25 to transfer your license. For further details:

  • Active license: $25
  • Inactive under 32 days: $25
  • Expired 32 days to 1 year: $579
  • Expired 1 to 3 years: $771
  • Over 3 years expired: full licensing process required

Your online application becomes effective within 1–15 days after the Colorado Real Estate Commission receives your application and fees.

No. You are not required to join a Board of REALTORS® or pay dues, saving you hundreds each year.

No. You will not be a member of any MLS system. Our broker members have access to all fourteen Colorado MLS systems without dues.

There are no monthly office or transaction fees. In-network brokers pay for transaction management and escrow services.

No. Broker Legacy is referral-only. You refer buyers and listings to our in-network brokers or a broker of your choice. They list and sell, you collect referral fees.

In-network brokers are vetted for professionalism and experience. They are certified in CTM contract software and our transaction management and CRM platforms, ensuring quality service and higher closing rates.

Absolutely. We encourage you to discuss your client’s needs with the broker to ensure the best experience.

No need to renew your E&O insurance. Your $165 annual fee covers your policy under the company umbrella.

Yes. To keep your license active and receive referral fees, the Colorado Real Estate Commission requires you to stay current with continuing education. Broker Continuing Education Information

Yes. Joining Broker Legacy is a great way to keep your license active without high costs or hassle.

Yes. You will receive a 1099 for all referral commissions. You must submit a signed W-9 as part of onboarding.

Assistants, retiring brokers, new brokers, and those winding down park their license to cut fees and maximize earnings. Parking your license avoids Realtor dues, MLS fees, E&O premiums, transaction fees, and office costs while you focus on other priorities and earn referrals.

Why Join Broker Legacy?

Keep your license active
at a low cost.

Stop paying for services
you don’t use.

Earn ongoing income
from referrals.

Stay connected to the industry while focusing on other goals.

Let us help you work your database
or build a new one.

Still Have Questions?

We’re here to help. If you didn’t find what you were looking for, reach out and we’ll walk you through exactly how Broker Legacy works, no pressure, just real answers.

Our Agent Success Stories

Michael Thompson

“Fully retired after 29 years”

After almost 30 years in real estate, I wasn't sure how to step away. BrokerLegacy made it simple. I've been retired for 3 years now and still receive regular income from my former clients. The platform is intuitive even for someone not tech-savvy like me.

— Michael Thompson

5-star rating
Robert Johnson

“Retired after 32 years in real estate”

I was worried about walking away from my business after three decades. BrokerLegacy helped me find the perfect partner broker who shares my values. Now I'm enjoying retirement while still earning substantial income from my referrals.

— Robert Johnson

5-star rating
Patricia Martinez

“Semi-retired after 25 years”

The transition was seamless. I still maintain some involvement while having the freedom to travel and spend time with my grandchildren. Last year, my referral income exceeded $70,000, truly the best of both worlds.

— Patricia Martinez

5-star rating
Branden Graves

“A Broker who is changing careers”

I am very happy with Broker Lagacy. It fits my needs perfectly. I am a full time private piolet and once in a while I come across a buyer and some sellers too... I just basically call my team, figure the fee and get it done. No one really knows that I am part time because of all the support and follow up.

— Branden Graves

5-star rating
Doug Zimmerman

“Retired for 4 years”

I can't say enough about Broker Legacy... It has certainly allowed me to live out my legacy. I live in Florida most of the time come back to Colorado for the Summers... Over the last few years, I have sold most my holdings in Colorado and reinvested in Florida and the markets. Working with Alison has been fantastic... the staff and support keeps me in the game when selling my properties.

— Doug Zimmerman

5-star rating
Kevin Hayes

“Full-time Broker”

As a managing broker/owner, I love Broker Legacy. The number one issue for new brokers is the COST of entering the business and paying all the hands that are out wanting money...MLS costs REALTOR fees, E & O, tech costs, training... You name it. So I keep them tucked away in Legacy.. showing homes, talking with people and doing the business. After they get some business going... some closings, then they will have the money to pay up and get the business.

— Kevin Hayes

5-star rating