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
Buying & Selling Real Estate
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 10 years ago on . Most recent reply

User Stats

3,406
Posts
2,426
Votes
Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
2,426
Votes |
3,406
Posts

Facebook contest... Is this legal?

Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
Posted

Can I offer a referral bonus to my followers from my company for any properties that I close on? I am not a licensed Realtor. Which I know they can't pay a finders fee. However is there anything stopping me from running a like/share contest? 

Seems like it could be a great way to boost our following and even get some leads.

"We are offering a cash prize to anyone who brings us a home we close on. Like and Share to be eligible. If one of your friends call us and mentions your name get _______ cash!" 

Something to that affect. We normally post motivational quotes, deals we close on, and general updates. Looking to make it more involved.

Most Popular Reply

User Stats

24
Posts
7
Votes
Lexie M.
  • Real Estate Professional
  • Newport Beach, CA
7
Votes |
24
Posts
Lexie M.
  • Real Estate Professional
  • Newport Beach, CA
Replied

It most likely will be seen by Facebook as a contest. I don't know what the rules are for Facebook contests/sweepstakes, but there are some restrictions. Make sure to read them if you move forward with this plan. 

Loading replies...