LFRO Partners was built for licensed agents who want to operate differently — not park a license and hope.
Every year, agents pay Association and MLS dues, E&O premiums, and desk fees before they've closed a single deal — and most of that risk buys almost nothing. The industry's own data shows why.
Even "agent-friendly" flat-fee brokerages don't escape the pattern — RealTrends' 2026 rankings found eXp's top-recognized teams capturing 97% of that group's total volume. The productivity gap doesn't close with a different commission structure. It closes with a different model entirely.
You just need a way to stay in it that fits your life now.
Maybe full-time active sales isn't the right chapter for you right now — family, health, a career change, or just wanting your time back. That doesn't mean giving up the relationships, the income, or the industry you've spent years building. You still love real estate. You still love helping people find their next home. You just need a different way to stay in it.
That's exactly what we built LFRO Partners to be — and we're anxious to help you get there.
We were traditional agents ourselves for many years before moving into management at one of the nation's leading publicly traded real estate firms. Running that company's referral program, we learned how to build networks that close at up to a 78% rate. We've seen this industry from both sides — as producing agents, and as the executives responsible for turning referrals into real, reliable income at scale. LFRO Partners is what we built so agents like you never have to choose between this industry and the rest of your life.
Ray Garrett brings 18 years of real estate experience to LFRO Partners, where he leads the business side of the company. As a corporate senior director for 14 years, he supported thousands of agents and designed the referral fee schedules and commission structures behind large-scale national referral programs. He holds an Executive MBA with a concentration in corporate finance.
Lisa Klutz brings more than 14 years of real estate leadership to LFRO Partners as Principal and Managing Broker. A licensed Virginia broker and Certified Master Coach in the Greater Richmond region, she has led national and regional recruiting teams and coached brokerage owners on agent recruitment, retention, and growth. At LFRO Partners, she keeps the referral process simple and dependable.
A Limited Function Referral Office (LFRO) isn't a new idea — it's a recognized brokerage structure built specifically for referring business, not managing transactions. It's what keeps you 100% compliant while you refer, without the liability of running a full-service deal.
What's different is the model we built inside that structure. Most LFRO firms exist so agents can quietly keep a license active on the off chance a referral comes along. We built ours for agents who want to treat referrals as a real, active business — with the education, the network, and the income to match.
At its core, this business is about referrals — something we already do every day without thinking twice about it. You tell a friend about a restaurant you loved. You tell someone about a shampoo you swear by. A referral is really just facilitating a handshake between two people who'll be glad you made the introduction.
We asked a simple question: what if we blended that everyday instinct with a proven system for vetting and placing qualified agents — and then took it one step further, so you could refer the agents themselves?
That's where revenue share was born.
See exactly how it works →