.Welcome to Option Realty, Inc.

Minnesota Real Estate License
Holding & Referral Company

Thinking about sending your real estate license back to the state?   We hope not! 

There is a better option for you..


Anyone I have ever met has regretted giving up their license. You never know when your real estate license might come in handy.

If the timing is not right for you to sell real estate or pay the alot of professional fees;

We have an inexpensive option for you that I think you are going to like.

As a matter of fact, we actually might become your new best friend!



Sound interesting??

Read more

About Us

Since 2001, Julie Olson, CEO of Option Realty, Inc.  has been providing an inexpensive, flexible option, appreciated by real estate companies, salespeople, and Brokers.

Julie has been a successful selling Broker for over 30 years, has managed offices from 20-225 agents, been a brokerage owner, consultant, national coach for agents and brokers, national real estate instructor, is well networked and respected as a leader in the real estate industry. 

Sujata Stalekar has been our Broker of Record since 2013.

Julie saw too many agents/brokers spend so much time and money getting licensed or working for years in the real estate business and when the timing wasn't ideal or they wanted to retire, they sent their license back to the state and she thought, that doesn't seem right at all & decided to provide a solution.

If the timing is not right to sell real estate full time, it makes good business sense to keep your license active as a Referral Agent.

We are a LFRO (limited function referral organization) Company that is recognized by the National Association of Realtors.

We are a non-MLS company so there are no Realtor Association dues, lock box cost, marketing or desk fees.

There is no pressure to sell, however you can receive referral fees.

When you belong to Option Realty Inc.  you will become what is referred to as a Referral Agent.

You should be compensated for the business you have been working on from your Client base, friends and relatives and receive the benefit of commissions on your personal transactions. 

Read more

How does it work?

We keep it easy.
.


Option Realty is a non- MLS real estate company
developed for real estate Agents & Brokers, recognized by the Association of Realtors as a LFRO company. (Limited Function Referral Organization).

Keep your license active as a Referral Agent. You will still be considered an active Agent by the state of Minnesota just like you were when you were an Agent with access to MLS.


The state will still require you to take 15 hours of continuing education every year. Option Realty Inc manages the renewal of your license of your license every other year with the MN Department of Commerce (just like you do now)

Although LFRO companies have been available for many years, most Agents/Brokers are not aware of it & are so happy a LFRO company exists
.
How much does it cost?
The annual fee to be licensed with us is $99. (you generate a referral, the $99 fee is refunded)
OR
If your Broker refers you, this fee is waived.
Your commission split is 80/20 and there are no other fees.

Why Brokers Love Us..
We are appreciative and proud that 90% of our Agents are referred to us by Brokers, Agents & Industry Professionals

It is always disappointing to you and your Broker if you decide to send your license back to the state. • Option Realty Inc is a win -win situation for you and your Broker because if you do generate a referral, it is likely that you will refer your business to the Brokerage you were affiliated with
.
We have held hundreds of licenses and paid licensee’s referral fees; they would not receive them if their license were inactive.

We can hold your license temporarily or long term. Your choice! 

We work with many real estate companies, Agents & Brokers who refer referral Agents to us.

You can refer your business to the Agent of your choice anywhere in the country.

If you do not have someone you know that can manage your referral, Option Realty Inc has a large network of Agents, in Minnesota and nationwide. We will provide you with several choices and you can decide who you would like to refer it to, and we will take care of the follow-up.