Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago on . Most recent reply

User Stats

27
Posts
14
Votes
David Rubio
  • Investor
  • Miami, FL
14
Votes |
27
Posts

Referral fees from buyers/sellers in Florida

David Rubio
  • Investor
  • Miami, FL
Posted

I apologize if this is a stupid question but I'm a new real estate agent and I want to make sure this is legal. I've searched through my entire pre-licensing course and I couldn't find anything.

In Florida, is it illegal for a licensed real estate agent to receive a referral fee from an unlicensed buyer or seller for bringing them together?

Thanks!

Most Popular Reply

User Stats

236
Posts
99
Votes
Jack V. Ospina
  • Real Estate Broker
  • Miami, FL
99
Votes |
236
Posts
Jack V. Ospina
  • Real Estate Broker
  • Miami, FL
Replied

@David Rubio I would have the seller sign a commission agreement for the help of this transaction paid to your broker. A commission agreement is not an exclusive agreement. It just states that your broker will be compensated if you were to bring  buyer to the table. Very simple and straight forward.

Loading replies...