Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 13 years ago,
finders fee / referral fee legality?
Lets say that I am a real estate salesperson in the state of California. I am putting out the word that if someone brings me a client and it goes into escrow, then the person who came to me with the client gets a negotiated fixed rate (example: 500 bucks). Is that legal? Would i have to have something in writing and signed? Full disclosure? Greatly appreciate some replies, thanks.