Not using your Indiana real estate license?
We’ll hold your license for $133 per year. Refer clients and earn 80% of referral commissions! Avoid MLS fees!
Did you know that while not actively practicing real estate, you can still refer clients and get paid on every sale?
Benefits of joining a holding company
Keep License Active
You worked hard to earn your real estate license. We’ll keep it safe in case you want to use it in the future!
Avoid MLS Fees
While in a holding company, you’ll no longer be paying association dues or real estate brokerage fees!
Earn Referral Commissions
Refer clients to any broker at any brokerage in any state, and keep 80% of the referral commission!
Wait, I’m a little confused. How does this work?
Our owner D.J. Paris made this short video to explain how the holding company works, and how to determine if it’s a fit for you! Click on the video to learn all about our holding company!
Frequently Asked Questions
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Indiana Real Estate License Holding Company is a wholly owned subsidiary of Kale Realty meant as a service to keep agent and broker licenses active while they are not currently practicing real estate. While in the holding company licensees are not required to join a local association; however, they are also not able to practice real estate actively, but instead can work on a referral basis only.
Placing your license in holding takes your license out of active broker or REALTOR® practice.
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There is an annual fee of $133 to hold your license. The IPLA (state association) will also charge you a small one-time transfer fee (usually $10) to move your license into referral status.
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Complete the checkout process here and you will then fill out an online form. We will also provide instructions on how to transfer your license into active status with IPLA. Our team is here to help you along the way!
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If you have a client ready to make a real estate transaction you first would find a licensed and active real estate agent in that area. You can choose any agent from any brokerage you prefer! You and the other agent will negotiate your referral split percentage. You and the other broker and their managing broker will complete a referral form. When the transaction closes, the referred-to broker will send us a check for the amount of the referral commission. Once we receive it, we will reach out for your bank account information, and deposit 80% of that amount directly into your bank within 24 hours.
For example, your client makes a purchase or sale of a $350,000 home. Let’s assume the total commission on your side is 2.5%, which would be $8,750. Let’s also assume you had negotiated a 25% referral split with the other agent. 25% of the total commission is $2,187.50 and from that number we pay you 80% or $1,750. Again, please remember you can negotiate any referral split that you and the other agent agree upon, so if you want more, make sure to ask for a higher split with the other agent! :)
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As your license will be taken out of active REALTOR® practice, you will not have access to the MLS while in a holding company.
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It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.
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Easy! Just contact our office and we’ll process your exit immediately. You’ll be at your new (or old) firm moments later!
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Indefinitely! You can stay with us for as long as makes sense for your goals. When you’re ready to start practicing, just let us know!
Meet our team
About Kale Realty
We first started as a holding company in Illinois in 2013 with one agent. Over the years we have grown to become the largest real estate license holding company in the state holding thousands of licenses for brokers. We have now expanded to our neighbors to the east and are excited to bring our service and support to Indiana!
Our roots date back to 1951 when Sol Kale, our owner’s grandfather purchased his first piece of commercial property in Chicago’s bustling South Loop neighborhood. The Kale family would become prominent in that area and the city honored Sol with a street named after him at the corner of Jefferson and Roosevelt.
Let’s get you started.
Holding your license takes just a few minutes and is easier than ordering an Uber. We’ll walk you through step by step. :)
Bonus! How one agent earned a $20,000 referral.
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Have questions?
You have questions, we have answers! Please do not hesitate to call us buy clicking below or completing the contact form. We’re excited to chat with you!