Most Frequently Asked Questions
Do I need to be licensed in New York?
Yes. You must hold an active NYS Real Estate Salesperson or Broker license.
What does it mean to ‘hang’ or ‘park’ my real estate license?
Parking your license keeps it active, allowing you to legally earn your referral commissions. You simply refer clients to active agents who handle the transaction from start to finish—then you collect your referral fee. Stress-free, hassle-free, and one of the easiest ways to earn in real estate.
What is a typical referral fee?
Industry standard is typically 25% of the gross commission earned by the receiving brokerage.
How do I apply as a new agent through eAccess?
As you begin your application through the New York State eAccess system to become a Licensed Real Estate Salesperson, please follow the steps below:
- During the application, you will be asked to enter your sponsoring broker’s license number. This information will be provided in your onboarding email after signing up with SPiRALNY.
- Ensure that all your personal details match your licensing records exactly to avoid any delays in processing.
- Once you’ve submitted your application, we will associate you immediately.
If you have any questions, feel free to reach out to our team for assistance.
I already have a New York State Real Estate license—what’s next?
If you already hold an active New York State Real Estate license, we will associate you with SPiRALNY immediately after you complete your sign-up.
Is there a minimum time commitment?
No. Stay as long as you like—whether that’s one month or many years.
I moved out of New York. Can I still join?
Absolutely. As long as your New York real estate license remains active and current, you can earn referral income from anywhere.
What if I’m not near your main office?
No problem. The SPiRALNY Cloud is an AI agent-driven platform that lets you work from anywhere. Our main office is located at 575 Fifth Ave, New York, NY 10017, but our agents are based across New York State and beyond.
Where can I refer clients?
Anywhere in the world. We regularly receive referral fees from both U.S. and international brokers.
How do I get started?
Immediately. Our onboarding is fully digital and takes about five minutes.