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Updated over 11 years ago on . Most recent reply

User Stats

53
Posts
10
Votes
Joseph C.
  • Real Estate Investor
  • yuba city, CA
10
Votes |
53
Posts

Referral partners and Car magnets (liability??)

Joseph C.
  • Real Estate Investor
  • yuba city, CA
Posted
Hello All, I am considering combining the use of car magnets and referral partners (bird dogs). My idea is as follows: Friends family and others interested, would put car magnets on their cars advertising our REI business. We would pay them on a referral basis. When leads come in, we would identify who brought the lead and pay a referral free upon closing. My question is, what if any liability would I be exposing my self to? Ie.. If they were involved in a car accident while displaying my magnets? Any other areas of concern are welcomed.

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