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Updated almost 7 years ago on . Most recent reply

User Stats

27
Posts
14
Votes
David Rubio
  • Investor
  • Miami, FL
14
Votes |
27
Posts

Referral fees from buyers/sellers in Florida

David Rubio
  • Investor
  • Miami, FL
Posted

I apologize if this is a stupid question but I'm a new real estate agent and I want to make sure this is legal. I've searched through my entire pre-licensing course and I couldn't find anything.

In Florida, is it illegal for a licensed real estate agent to receive a referral fee from an unlicensed buyer or seller for bringing them together?

Thanks!

Most Popular Reply

User Stats

236
Posts
99
Votes
Jack V. Ospina
  • Real Estate Broker
  • Miami, FL
99
Votes |
236
Posts
Jack V. Ospina
  • Real Estate Broker
  • Miami, FL
Replied

@David Rubio I would have the seller sign a commission agreement for the help of this transaction paid to your broker. A commission agreement is not an exclusive agreement. It just states that your broker will be compensated if you were to bring  buyer to the table. Very simple and straight forward.

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