By: Adrian Dion Marianetti
How would referral fees work when you are bringing tenants to that apartment complex. Me as a real estate agent brings the apartment complex a renter to that listing agent of that apartment complex. We will say they do offer a finders fee, a flat fee, or percentage fee does that listing agent and the refferal agent sign a referral contract? Or how would that work?
By: Lily
When I finish filling out the referral fee agreement do I have to
send out for signature.? If so who needs to sign it? If broker needs to sign is it only my broker or both brokers? I only know the others broker is Keller Williams how would I send docusign to broker I think I would need their name and email right? Please advice. Thanks.
By: Doug daCosta
Question: Are the referring agents entitled to ongoing referral fees on subsequent transactions once the referred client purchases a property? Case in point, recentlly I received a referral, closed the deal and paid a referral fee. If the same client makes additional new purchases or list properties with me, am I obligated to pay referral fees going forward?
By: Linda M Stevens
I am a realtor- salesperson retiring soon. Can I do referrals as a salesperson not connected with an brokerage or do I have to be a broker to refer. Can I refer being a sales person without working for a company.
By: Jodie Cordell
In reply to <a href="https://theclose.com/real-estate-referral-fees/comment-page-78/#comment-453223">Kay Prui</a>.
Hi Kay!
I'm sorry to hear your client isn't happy with the referral. But if your client has a buyer's agreement with the other realtor, they need to cancel the buyer's agreement. I'm not a real estate attorney and I am not giving legal advice. But, typically the referral agreement doesn't matter if the buyer never purchases with the referral agent. But they may be entitled to compensation if there's a buyer's agreement in place. Check with your broker and get them involved to help resolve this sticky situation.
By: Kay Prui
Do you have to terminate a Refferal Agreement?
The client I referred is not happy with the realtor. They have not been communicating well.
By: Karen
I have you are supposed to get a referral fee compensation and both realtors left the agency. Do you still get the referral fee?
By: Sandra French
seller is in AZ, buyer TBD an agent in CA (friend of seller) asked for a referral fee for referring the agent from AZ to the seller'
???who prepares the referral form????
By: Karen C.
Is there a time limit on a referral? It took 2 years for the sale & now the realtor says he needs to look at his expenses with them before paying me.
By: Nancy
I am considering selling a piece of property my sister and I inherited. My sister is a broker and is asking for a referral fee to list the property with another broker. If a broker is also a partial owner of the property being sold, is it ethical to ask for a referral fee? If so, isn't this something that should have been discussed with the other co-owner prior to giving the listing?