Is anyone in the real estate referral business? I've heard some about it, but would like to learn more.
Hi @Jan White . Are you a licensed real estate agent? In my state, you have to be a licensed agent to be able to refer clients to other agents and receive a referral fee.
Real estate agents can pay a referral fee back to another agent for sending them a client. Many agent do this, myself included. However it really works best for active agents who are good at their craft. Some people attempt to build a business out of this, but I dont think that is really sustainable. I pay out a few referral fees a year, and take in a few.