Referral "Fee" versus Gift Card
Hi everyone,
I have a quick question I hope I can be helped out with. I want to offer a referral fee to people who refer me to a property that I close on, say $500. This reward will be advertised via flyers, ads, door-hangers, etc.
I am wondering if this would cross any legal boundaries, as I am not an agent, and whether offering a gift card instead would be a much safer avenue than a "referral fee" to advertise this reward.
Appreciate all your help, thanks!