Can I get a referral fee for sending a lead to a Real Estate Agent in Missouri?

[Mathew Paul]

I found a motivated seller that could probably sell her house for what she owes.  There is definitely not any room for me to make any money.  I found an agent with 10 years experience in her town that has worked with investors.  I feel like she would be a great fit and could really help this seller.  Am I allowed to receive a referral fee for giving this lead to an agent?  I don't want to get in trouble, but I also don't want to give away leads that I paid good money for!

Thanks

[Martin Scherer]

The real answer is it varies by state.  You won't get in trouble but in some states the agent could be fined or lose their license.  Not that many people pay any attention to the law regarding payment of referral fees.

And yes, I know that EVERYONE does it in Texas, so don't tell me again I have been told.