Alternative to Statewide Realty

Statewide Realty (Liberty Board) offers the lowest annual fee in the NJ referral brokerage space at just $75 per year, making it an attractive option for minimizing upfront costs. However, Statewide takes a 30% cut of every referral commission, meaning you keep only 70%. While the savings on the annual fee are real, they are small compared to the amount you lose on each referral through the commission split.

Side-by-Side Comparison

Feature	General Referral	Statewide Referral
Commission Split	100% (less $295 flat fee per referral)	70% (30% to brokerage)
Annual Fee	$99–$119	$75
NJ Office	Yes (Midland Park & Holmdel)	Yes (Secaucus)
Online Signup	Yes	No
Referral Restrictions	None	None stated
Online Referral Portal	Yes	No

Commission Comparison

On a $500,000 home sale with 3% commission and 25% referral fee ($3,750):

General Referral take-home: $3,455 (92.1% after flat fee)
Statewide take-home: $2,625 (70% after percentage split)
Difference: $830 more with General Referral

Even though Statewide saves you $24–$44 on the annual fee, the 30% commission split costs you $830 on a single $500K referral. One closed referral erases the annual fee savings many times over.

Income Projections

1 Referral/Year:

General Referral net: $3,336
Statewide net: $2,550
Advantage: +$786 with General Referral

3 Referrals/Year:

General Referral net: $10,246
Statewide net: $7,800
Advantage: +$2,446 with General Referral

5 Referrals/Year:

General Referral net: $17,156
Statewide net: $13,050
Advantage: +$4,106 with General Referral

The gap widens with every additional referral.

Who Should Choose Each?

Choose Statewide Referral if you want the absolute minimum annual fee ($75), are located near Secaucus, expect very few or zero referrals per year, and do not need online tools.

Choose General Referral if you plan to make referrals (the flat $295 fee keeps far more money in your pocket), want online tools and digital workflows, prefer a predictable flat-fee model, and value flexibility with two NJ office locations.

Switching to General Referral

Registration takes approximately 5 minutes online, and your license transfer typically completes within 1–2 business days once your current broker releases it.