Weichert Referral Associates Reaches New Milestone

More than 10,000 associates referring real estate leads for extra income

(Wednesday, April 04, 2007) - Weichert Referral Associates Co, Inc.,
an affiliated company of Weichert, Realtors®, announced today that its
network now includes more than 10,000 referral associates. In their role,
Weichert referral associates quite simply and literally pass along real
estate leads to active sales associates for follow-up.
According to Weichert Referral Associates president, Janet Iveson, if you'd
like to get involved in real estate sales without becoming a full-fledged
sales associate, now is the perfect time to consider joining the swelling
ranks of Weichert Referral Associates.
"Real estate has long been a topic that people want to talk about and get
involved in. That interest only keeps growing. We're always receptive to
talking to new people who want to become engaged in the process of helping
others purchase or sell a home, but for whatever reason, prefer not to make
real estate a full-time commitment at this point," said Iveson.
The "leads" that referral associates pass along may be neighbors who are
moving and will need to put their house on the market, an acquaintance
interested in buying a home, or a builder friend getting ready to break
ground on a new project. Weichert referral associates can also refer leads
for rental units, timeshares, and commercial properties.
Once that referral is successfully converted into an actual closed sale, the
Weichert referral associate receives a portion of the real estate commission
as compensation. Iveson's favorite story involves a limousine driver who
regularly gave leads to a Weichert sales associate but, because he "couldn't
be bothered" getting his real estate license, was receiving nothing more
than a handshake in return.
Eventually, he was persuaded to get licensed, and in true "Driving Miss
Daisy" fashion, his very first referral as an associate was an elderly woman
that he'd been driving to and from the airport for 35 years. On one trip,
she mentioned that her house had become too much for her and she was ready
to sell. Long story short, her house was a Long Island, N.Y., estate that
sold for $8+ million dollars. Along with his usual handshake, the limousine
driver was handed a referral check for $93,000.
Iveson said, "Referring friends or acquaintances to a knowledgeable
professional who can help with their real estate needs can be a very
gratifying way to supplement your income - or the stepping stone to a
satisfying full-time career in real estate."
To become a Weichert referral associate, it's necessary to obtain a real
estate license. Iveson said that while many referral associates were once
full-time sales associates, many others never pursued a real estate career
after getting licensed, but simply enjoy the extra income that referring
leads can generate.
Believed to be the largest referral company in the U.S., Weichert Referral
Associates is licensed in 22 states and can make referrals anywhere in the
world. In areas outside the Weichert office network, the company refers
business to respected local brokers.
For more information on becoming a Weichert referral associate,
contact Weichert Referral Associates by phone at 800-544-3308 or send an
e-mail to referral@weichertrealtors.net.
Weichert has more than 18,700 sales associates in nearly 500 company-owned
and franchised sales offices in key markets throughout the U.S. A family of
full-service real estate and financial services companies, Weichert helps
customers buy and sell both residential and commercial real estate, and
streamlines the delivery of mortgages and home and title insurance. For more
information, call Weichert's customer service center at 1-800-USA-SOLD or
visit Weichert's Web site, www.weichert.com. Each Weichert franchised office
is independently owned and operated.

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