Comments on: The Complete Guide to Real Estate Referral Fees for 2025

By: Gina Baker

Gina Baker — Mon, 09 Sep 2024 12:09:13 +0000

In reply to George Winters. Hi George - even if you leave real estate as a profession, your license will still be active so you can collect the referral fee. Hope this helps!

By: George Winters

George Winters — Tue, 03 Sep 2024 18:04:11 +0000

If I leave real estate altogether before my condo listing that I referred to another agent, Well, I still be able to collect my 25%

By: Gina Baker

Gina Baker — Tue, 27 Aug 2024 15:12:14 +0000

In reply to MICHAEL w. Yes, Agent A should request a closing statement to verify the completed transaction and commission amount.

By: Gina Baker

Gina Baker — Tue, 27 Aug 2024 14:29:02 +0000

In reply to Billie Jo Andersen. They can - if you stipulate the expiration period within your referral agreement, that will help to keep it valid.

By: Billie Jo Andersen

Billie Jo Andersen — Tue, 16 Jul 2024 15:02:44 +0000

Do referrals expire?

By: MICHAEL w

MICHAEL w — Mon, 01 Jul 2024 17:29:32 +0000

IF PARTY A IS A MANAGING BROKER, AND REFERS A PROPERTY SELLER TO AGENT B, AND A TRANSACTION OCCURS, AT CLOSING, WHAT SHOULD AGENT A REQUST FROM AGENT B-CLOSING STATMENT? COPY OF CONTRACT?

THANK YOU,

By: Linda Ma

Linda Ma — Mon, 25 Mar 2024 21:30:41 +0000

Does this apply to all future transactions? Does the referring agent continue to get a 25% referral fee on all sales/purchases as long as the client does future business with the agent they referred them to?

By: Sam Juan

Sam Juan — Mon, 18 Mar 2024 15:19:48 +0000

Example:

Say a buyer is seeking a morgage approval and the salesperson recommends a broker. Can the buyer client edit the Referal Fees clause in the buyer client aggreement to state that the referal fee wil be split 50/50 between the Buyer client and the Brokerage?

Extra bonus: This is pertaining to a purchase of real estate in Ontario, Canada, but I would assume your answer and this practice will be uniform in most markets.

By: Adrian Dion Marianetti

Adrian Dion Marianetti — Sun, 10 Dec 2023 22:16:42 +0000

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

Lily — Mon, 27 Nov 2023 06:20:23 +0000

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.