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Updated about 9 years ago on . Most recent reply

User Stats

141
Posts
28
Votes
Jeff Fairchild
  • Portland, OR
28
Votes |
141
Posts

Finders fee from agents

Jeff Fairchild
  • Portland, OR
Posted

I came across multiple sites that say that Brokerages can pay fees to nonlicensees for referrals under state law if they don’t engage in activities with the referrals that require a real state license.

How am I supposed to know what activities qualify as this? If I can't buy their house from them and I say "I know an agent who can get you top dollar for your house", I don't see how that is doing an activity that requires a license.

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