Referral Fees for Real Estate Agents

[Chris Lawrence]

Hi,

I’m a real estate investor in Rochester, NY. Wondering if there is a market standard or average referral fee for referring deals that it makes the most sense to list with a realtor? Through my marketing- I have been referring off deals that don’t meet my flip or buy and hold criteria. I’ve heard the industry standard referral fee is 25% of the listing agents commission. Any insight is greatly appreciated.

Thanks!

Chris