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Updated almost 7 years ago on . Most recent reply

User Stats

44
Posts
20
Votes
Justin Munk
  • Logan, UT
20
Votes |
44
Posts

Can I offer a Referral Fee on social media to market for deals?

Justin Munk
  • Logan, UT
Posted

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. 

  • Justin Munk
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