direct mail referral offer

[Javier Bocanegra]

Hello all! Texas here and i do direct mail and recently i thought about putting "Refer a friend or neighbor and get $1,000 if we buy their house!!!" on my mailer. I am not a licensed realtor and was wondering if what you guys thought about doing something like this or have you done something like this in the past and how did it work out for you?

[Mitchell Herman]

Here are my two cents. I have a real estate broker's license and my understanding is that, at least in Florida, you must have a real estate license to earn a commission on the sale of real estate. I am not a lawyer, and certainly am not giving legal advice, but I would tread carefully here if I were you.

Mitchell Herman