No need to worry about costly MLS fees when hanging your license. Career changes, maternity leave, or retirement might be one of the causes behind your desire to avoid MLS and REALTOR® fees, especially when you expect little to no sale volume. For only $150/year, you can remain active with the Nevada Real Estate Division to safeguard your license from deactivation.

Hanging your license allows you to claim a 30% referral fee as opposed to if your license went inactive. It's simple - sit back, refer, and get paid. 

Who wouldn't want to get or save commission on their own purchase via that of the referral process? This is such a common occurrence that it almost seems like a necessity to hang your license to prevent the entirety of any given commission from going to someone else.

Don't lose out on deductions by letting your license go inactive. By keeping it active and materially participating in real estate-related activities in accordance with federal law, you get to maintain professional and tax deductible status, allowing you to write off many costs associated with being an active real estate agent.