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Updated over 9 years ago on . Most recent reply
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Referral fee business?
Hi all!
I have a question about receiving referral fees from other agents and brokers. From what I understand, an agent can pay a 20%-30% referral fee to another licensed agent. Are there agents who make a living/business doing just referral fees? It's almost the same as wholesaling as far as marketing goes but I'm curious to know if agents can just refer leads out for a fee.
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Thanks for the advice @James Wise! its definitely a plan I'm interested in pursuing.