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Jake Fugman
  • Real Estate Broker
  • Chicago, IL
248
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255
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OK to charge a referral fee with no license?

Jake Fugman
  • Real Estate Broker
  • Chicago, IL
Posted

Hey all,

I'm in the process of getting my RE license but have already started to casually connect buyers and sellers on some deals that normally would be represented by a broker on one/both sides.  Im still working outside of RE so its going to take me another 30-60 days to complete my testing but I dont want to let any deals linger or pass by.  

Is it common place for non-agents to write up a "referral contract" to collect a similar commission that would be due to a broker?   If so, what terms are legit? 

Thanks!

  • Jake Fugman
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The Axon Group
4.9 stars
81 Reviews

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