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Updated 5 months ago on . Most recent reply
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Referral fee agreement?
I have been offered a small percentage as a referral if a property is sold. In an effort to make sure they do hold up the referral fee would you have them sign a referral agreement? If so, where could I get one with out having to to to a lawyer to write one up?
Most Popular Reply
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3% of the sale price is typically what the buyers salesperson/agents commission is. I wouldn't believe I was getting a referral fee, let alone 3% of the sale price without an agreement in place. I will send you a copy of the agreements that I have and they are legally binding.