Collecting Referral Fees/ "Partnering" a deal
I'm looking for an agreement on collecting a referral fee or partnering on a listing agreement with a real estate agent. Any homes that don't fit my criteria to take as a Short Sale I will be sending to him. We agreed to a $500 flat fee for any closed properties that I send him. Anyone do anything like this?
Most Popular Reply
Are you a licensed real estate agent? If not, it would be illegal (I think in every state) for a licensed agent to pay you (a non-licensed person) any type of referral fee.