What would you do with buyers if you would be a listing agent only?

[Mike Schorah]

As an agent, if I didn’t want to deal with buyers and just wanted to deal with sellers only, could I just get a referral fee for the buyers?

How much? 10-15%?

I’ve been told that if my lead strategy is cold calling, then the seller-to-buyer ratio would be 5:1 which would cut out a lot of the buyer side of the job.

[Michael Glunk]

@David Ramirez

As the others in this post have mentioned, it is common practice in most states (sounds like per Eliott you have to call it a finders fee in Texas) to get a referral fee when referring clients to another agent. This can be done in your own state or if you refer clients to an agent in another state that you are not licensed in. General practice that I have personally seen is between 25-30%. As in most things in life, this is of course negotiable.