If you’re not working full-time as a leasing agent, you still don’t have to let your license go. Many Illinois agents keep their licenses active through a leasing agent license holding service. It’s a smart, low-cost way to stay compliant while stepping away from daily leasing duties.
This option works for professionals who want to hold onto their license for future use, investment, or occasional referrals. You worked hard to earn your license. Keeping it active ensures you don’t lose that effort or the opportunities it brings.
What Is a License Holding Service?
A license-holding service is a licensed real estate brokerage. It sponsors agents who are not currently engaged in leasing or sales. Your license stays active under the brokerage. You don’t need to join a traditional real estate office or pay board dues.
You won’t be handling showings or clients. However, you’ll still have a legal place to keep your license. This service is perfect for part-time agents, those on a career break, or professionals focused on other areas.
Who Should Use a Leasing Agent License Holding Service?
This service fits many types of professionals. Maybe you passed the leasing agent exam to understand investment properties. Perhaps you’re shifting careers but want to keep your options open.
You might only refer clients to full-time agents and collect income without working daily. This option is also helpful if you’re between brokerages or no longer want to pay high dues. A license holding service gives you flexibility and peace of mind.
Save Time and Money
Working with a holding service helps reduce your costs. You don’t have to pay local, state, or national REALTOR® dues. You also avoid MLS fees and desk fees.
Some services charge over $100 a year. In contrast, Inland Real Estate Network in Illinois charges just $65. Early bird members pay only $50 if they sign up in January. That’s a great value for keeping your license in good standing.
Earn Referral Income
You may not be closing leases, but that doesn’t mean you can’t earn. Referral income is still available. When you refer a client to an active agent and that deal closes, you can receive a commission share.
Many holding companies allow you to keep 80% of referral earnings. That’s a simple and stress-free way to benefit from your license without working full-time.
CE and Renewal Support
Even inactive agents must complete continuing education. That’s why top license holding services partner with education providers. They help you choose the right CE courses and send renewal reminders.
Avoiding missed deadlines is important. Late fees apply if you don’t renew on time. Worse, failure to renew your license can make it inoperable. You would need to restart the application process or lose income potential.
How to Sign Up
The process is easy. You start by paying the membership fee online. Then download the application and send in your documents. Before submitting the form, let the company know you’re applying.
That way, they’ll watch for your paperwork and speed up approval. Once accepted, your license transfers to the new sponsor. From there, you’re good to go.
Avoid Inactive License Status
Letting your license go inactive is risky. You may need extra courses or retesting later. Even if you’re not using your license today, it could be valuable tomorrow.
Instead of starting from scratch, it makes sense to hold it with a licensed sponsor. You’ll save time and avoid future stress. It also shows you’re still part of the real estate field.
Common Questions Answered
Do I have to work with clients?
No, a holding service is for agents who are not active in daily leasing.
Can I rejoin a full-service brokerage later?
Yes, your license can be moved at any time.
Is CE still required?
Yes, you must complete the required education to keep your license active.
Choose the Right Sponsor
Not all license-holding services are the same. You want one that’s licensed in Illinois. Look for one with low fees, strong support, and an easy renewal system.
Inland Real Estate Network checks all these boxes. They’ve supported Illinois agents for years. Their process is smooth and affordable. You’ll find it easy to stay in good standing and earn from referrals.
Final Thoughts
A leasing agent license-holding service gives you freedom, flexibility, and security. Whether you’re in a new career, raising a family, or investing in real estate, this service helps you keep your license without hassle.
You won’t need to close leases to keep earning. And you’ll avoid high costs, unnecessary dues, and complicated rules. It’s a reliable option for many agents in Illinois.
Keep your professional status while you explore other goals. Use a reliable leasing agent license-holding service to protect your license and earn passive referral income today.
