How do out-of-state referrals and commissions work
I was exploring the possibility of purchasing a property out of state (in Texas : ) ) and was wondering:
1. Can agents get commissions/referral fees for their own purchases out of state?
2. Has anyone done this before/how is this typically structured, is there a standard amount?
3. If I directly contact the listing agent - could I get the full buyers agent commission?
4. Also just curious if I referred someone to an agent out of state how would that typically be structured?
5. Would my brokerage need to be licensed in that state in order to receive commission/referral fee?