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Updated almost 7 years ago,
Can a referral agent make money in a Sellers Market?
I am planning on getting my license to become a referral agent part time while i work at my full time Job. Before I can move forward I'd like to get a professional's opinion. Seeing as though a sale through a referral agent will mean less commission for the realtor, and considering the fact that in the market I am in, prices are rising which means more demand, could a referral agent actually find a Listing agent who is willing to accept lead's from a referral agent? I know it all depends on my relationship with the person, as well as the % I am asking.
If you are in a really hot market, would you take in quality leads from a referral agent if they are asking for 25%?
Btw I am in wilmington Delaware. I am no expert but based on what I can see prices are rising, so I will assume that we are in some kind of hot market. All answers are appreciated. Thanks!