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Updated over 6 years ago,
Can I offer a Referral Fee on social media to market for deals?
I am considering posting a video on my personal social media accounts to see if I can get leads on homes I would like to buy. My thoughts are that someone within my network HAS to know someone that has a home that need to sale. ie hobby landlords, distressed owners etc. I would offer a $500 referral fee to anyone that brings me a deal that I buy. Question: Are there any rules against this? I am not a licensed Real Estate Agent.