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Bryce Jackson Zachary
  • Real Estate Agent
  • Houston, TX
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Receiving a finders/referral fee as a realtor (Texas)

Bryce Jackson Zachary
  • Real Estate Agent
  • Houston, TX
Posted Aug 18 2017, 19:19

Hey BP, I've got an interesting scenario that I'm needing clarification on. I'm a licensed realtor in Texas and I've got an investor who is wanting to pay me a finders/referral fee for finding mobile home parks that they can do seller financing on. Since I hold an active license in Texas, is this illegal for me to receive a referral fee from the investor (unlicensed) that is not through my broker (aka not splitting it)? I would ask my brokerage but I'm concerned they might have a biased perspective. I'm trying to do this 100% legal so please let me know your suggestions! Thanks!

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