REAL ESTATE AGENTS PAY FOR REFERRAL FEES USING A REFERRAL AGREEMENT.
A referral agreement in real estate is a contract between two real estate agents or brokers where one agent refers a client to another agent in exchange for a fee, typically a percentage of the gross commission earned on the transaction. This agreement outlines the terms of the referral, including the fee structure, payment terms, and the length of the agreement.
As a licensed real estate agent I will create a customized referral agreement on your behalf and deliver it to any real estate agent you decide to work with (at no charge to you). This customized referral agreement will reduce the cost of your home purchase ( if you're a buyer ) or reduce the cost of selling a home ( if you're a seller) by the amount of the referral fee.
CAUTION!!!
Do not sign an exclusive buyers brokerage service agreement with a buyers agent or a listing agreement with a listing agent prior to me sending a referral agreement on your behalf.
PLEASE KNOW!!!
Any online real estate website that wants to connect you automatically with an agent is gaining the benefit of your referral fee. If you use that assigned agent to close a home sale or purchase it is done at the cost of your referral fee.
HOW TO LOCATE A REAL ESTATE AGENT TO USE?
I would be happy to help you find an experienced and knowledgeable agent that works in your area and is willing to accept the terms of your custom referral agreement.
Additionally, If you have an agent in mind I can connect with them on your behalf to make sure they will agree to the terms of your custom referral agreement.
SCROLL DOWN TO FIGURE OUT WHAT YOUR REFERRAL IS WORTH
If you prefer to discuss the referral questions with me directly you can call or text anytime 425-530-6606
