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Updated over 9 years ago on . Most recent reply

User Stats

62
Posts
15
Votes
Michael Gee
  • Denver, CO
15
Votes |
62
Posts

Referral fee business?

Michael Gee
  • Denver, CO
Posted
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.

Most Popular Reply

User Stats

62
Posts
15
Votes
Michael Gee
  • Denver, CO
15
Votes |
62
Posts
Michael Gee
  • Denver, CO
Replied

Thanks for the advice @James Wise! its definitely a plan I'm interested in pursuing.   

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