Paid referrals Illegal, but not leads?

[Kyle Clark]

Under RESPA I believe agents are not allowed to pay for referrals. They are also not allowed to get paid to refer business to mortgage brokers and other professionals.

A friend of mine took Kinder-Reese's real estate course for agents. In it they say that you can get paid to sell "leads" to mortgage brokers, carpet cleaners and so on. They call is Host-Beneficiary relations, but it seems referrals are just called leads.

I see that there are many lead companies out there so perhaps there is a area for us to operate in.

Theres no problem with a agent selling "leads" to a mortgage broker?

Theres no problem in an agent buying a "lead" from a individual?