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Updated about 2 years ago on . Most recent reply

User Stats

3
Posts
2
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Kelly Cole
  • Realtor
  • Santa Clara
2
Votes |
3
Posts

How do out-of-state referrals and commissions work

Kelly Cole
  • Realtor
  • Santa Clara
Posted

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?

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