Broker Transition Program

Retiring, relocating or stepping away from real estate? Keep your Colorado license active and keep earning from the clients you built

Retiring, relocating or stepping away from real estate in Colorado

Broker Transition Program

Stepping away from the business, or moving out of state, does not mean walking away from what you built. Place your clients and your property management book with a Denver team that has served this market for twenty years, and keep getting paid on the business they do.

Retiring

Hand off your clients

Introduce your buyers, sellers and investors to our team and earn a referral fee each time one of them closes.

Moving out of Colorado

Keep your Colorado book working

We serve the clients you leave behind, take over the rental homes you manage, and you keep a share of both.

Cutting back

Stay involved on your terms

Keep the clients you enjoy working with and pass us the rest.

20 yearsIn the Denver metro
200+ homesUnder property management
One teamResidential, commercial, property management
Why it matters

The clients you leave behind are still worth something

When a broker retires or relocates, the usual move is to tell clients to call someone else. A few do. Most don't, and a list built over a whole career loses its value within a year or two.

This program keeps those relationships intact. You introduce us yourself, the terms are in writing before any client is contacted, and you are paid on what your clients do with us for a period we agree on together.

It also covers the parts of your business most referral programs skip: commercial clients, and the landlords whose property management you have been handling for years.

Who this is for

Your life changed. Your license doesn't have to go away.

Most of the brokers who call us aren't done with real estate forever. They just aren't selling full time anymore. If any of these sound like you, there is a place to hang your Colorado license and keep earning from the clients you already have.

Staying home with family

You had a good business, then kids or a parent who needs you came first. Keep your license active, send us your clients, and get paid when they buy or sell.

Retiring from real estate

You are ready to stop showing homes but not ready to see twenty years of relationships disappear. Hand them off properly and earn on their next move.

Moving out of Colorado

Your clients and rental owners are still here. We look after them locally and you keep a share from wherever you land.

Starting a new career

A new job doesn't have to mean dropping your license. Friends and past clients will still ask you for help. Refer them to us and keep the income.

Taking a break

Burned out, recovering or simply stepping back for a season. Park your license with a referral focused brokerage and come back when you are ready.

Licensed but not selling

You got your license and never built it into a full time business. Every referral you send still earns a fee, without the monthly costs of running a practice.

What we take on

Bring us the whole book

Your business probably touches more than one of these. We handle all three under one roof, so nothing has to be split up.

Residential

Past buyers getting ready to move up, sellers you have stayed close to, and the referrals that come from them.

  • Buyer and seller representation
  • Relocation clients
  • Repeat and referral business

Commercial

Tenants with leases coming up, owner users, and investors who have trusted you with past acquisitions.

  • Tenant and landlord representation
  • Investment sales
  • Land and development

Property management

The rental owners you look after today. Our property management team already oversees more than 200 homes across the metro.

  • Single family and small multifamily
  • Leasing, renewals and maintenance
  • Owners who may sell down the road
Sales referral fees

Up to 40% of our side of every deal

Your share depends on how much of the handoff you want to be part of. Choose a level and see what it could look like for your book.

8
$15,000
What you could earn each year $24,000 to $36,000 At the Partner level, 20 to 30%

For illustration only. Fees are a percentage of the commission Corken + Company earns on each closing, written into a referral agreement between brokerages and paid at closing for clients who close inside their agreed term.

Property management

Moving away doesn't mean giving up your rental owners

Plenty of brokers manage a few rentals for long time clients. When you leave Colorado, those owners still need someone local who answers the phone, handles repairs and keeps every lease compliant.

We take over your management book, move each owner onto our systems, and pay you a share of the management fees for an agreed term. If one of those owners decides to sell or buy, the sales referral fees above apply too.

What our team handles

  • Rent collection and monthly owner statements
  • Maintenance, turns and vendor coordination
  • Leasing, renewals and Colorado landlord tenant compliance
  • One portal where owners see everything

What you keep

  • A share of the management fees for the term we agree on
  • A referral fee if an owner sells or buys with us
  • Owners who hear about the change from you first
  • Peace of mind that the homes are in good hands
Lower overhead

Stay licensed without carrying the expenses

Brokers who keep a license active to collect referral fees still get billed every month for tools they no longer use. Place your license with Corken + Company on a referral basis and those bills stop.

You also get a login to Corken Deal Flow, so you can see every client you referred and when each fee is paid.

MLS and lockbox accessGone
Association and board duesGone
CRM, transaction and e-sign softwareGone
Listing portals and marketing toolsGone
Market data subscriptionsGone
Your referral incomeStill paid
How it works

Five steps from first call to first check

  1. 1

    Start with a call

    Tell us about your clients, your rentals and when you plan to step away. It stays confidential and there is no commitment.

  2. 2

    Agree on terms

    We sign a referral agreement between our brokerages that lists every client, your fee and how long each one runs.

  3. 3

    Introduce us

    You reach out first, by letter, by phone or at a meeting the three of us attend. Clients hear about the change from you.

  4. 4

    We take it from here

    Clients and owners move onto Corken Deal Flow and work with a full team that answers to them.

  5. 5

    Get paid

    Sales fees are paid to your brokerage when each deal closes. Property management shares follow the schedule in your agreement.

What your clients see

Corken Deal Flow

Every referred client gets a private view of their deal from first meeting to closing. The steps follow the kind of transaction they are doing, so a home sale and a commercial lease each look the way they should.

You get your own login to follow along and see when each fee is due.

Home saleExample
    Example deal. Each step updates as our team works it.
    Questions

    What brokers ask us

    How do you set my referral fee?

    It is a percentage of the commission we earn on each closing, from 15% up to 40%. Where you fall depends on how involved you want to be and the size of your book. We settle it before anything is signed and put it in the agreement.

    I'm moving out of state. Can I still be paid?

    Yes, as long as you hold an active license and the fee goes through a licensed brokerage. Many brokers keep their Colorado license on a referral basis for exactly this reason. We will walk through the right setup for your situation.

    How does the property management share work?

    You receive a percentage of the management fees we collect on the owners you bring over, for a term we agree on up front. The percentage and the term depend on the number of homes and how long the owners have been with you.

    Who pays me, and how?

    Corken + Company pays your brokerage, and your brokerage pays you under your own arrangement. Colorado rules do not allow a brokerage to pay an individual agent at another firm directly.

    How long do I earn on each client?

    Each client gets their own term, starting the day you introduce them. We size it to their actual plans. A commercial tenant whose lease ends in three years, for example, gets a term long enough to cover that renewal. When one client's term ends, your other clients keep theirs.

    Does repeat business count?

    Yes. Purchases, sales and leases a referred client closes with us during their term all count. A client who sells, buys a new home and then picks up a rental pays you three times.

    What about deals I'm working on right now?

    That is up to you. Some brokers close out their open deals first and refer the rest. Others bring us in to co-broker live deals from day one.

    I'm leaving real estate to stay home with my kids. What should I do with my license?

    Keep it active and place it with a brokerage that works on referrals. You won't be showing homes or running a business, but when a friend, neighbor or past client needs to buy or sell, you send them to us and earn a fee when they close. If you decide to sell full time again later, your license is ready.

    Where can I hang my real estate license in Colorado if I'm not actively selling?

    With us. Brokers who are retired, between careers, raising a family or living out of state can place their license with Corken + Company on a referral basis. You keep your license in good standing and earn on the clients you refer, without the overhead of a full time practice.

    Should I put my license on inactive status instead?

    You can, but an inactive license generally can't earn commissions or referral fees. If there is any chance you will refer a client in the next few years, keeping it active with a referral focused brokerage is usually the better choice. Check the Colorado Division of Real Estate for the current rules on your license.

    Can I still make money in real estate without selling?

    Yes. Referral fees on the clients you send us, plus a share of property management fees if you bring over rental owners. Plenty of brokers earn meaningful income each year without holding a single open house.

    What happens to my clients when I retire?

    Without a plan, they usually drift to whichever agent reaches them first. With this program you introduce them to our team yourself, they keep getting good service, and you are paid when they buy, sell or lease during their term.

    Can I sell my real estate book of business?

    Most agent books aren't purchased outright, because the value lives in your relationships. Our program pays you over time as your clients transact, which usually adds up to more. Property management books are a little different, and we can talk through how a management transfer is valued.

    Do I still need continuing education to keep my license active?

    Yes. An active Colorado license comes with continuing education requirements. We will remind you of your deadlines and point you to the courses that count, so your license stays current while you focus on everything else.

    Talk with us privately

    Tell us where you're headed

    Whether you are retiring next spring or moving across the country next month, start with a short conversation. Everything you share stays between us.

    Corken + Company Real Estate Group 303-858-8003 [email protected] 9800 Mt. Pyramid Ct., Suite 400, Englewood, CO
    Confidential. We never contact your clients or owners until you have introduced us yourself.