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22
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4
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Teesha A.
  • Wholesaler
  • Atlanta, GA
4
Votes |
22
Posts

Collecting Referral Fees without a RE License

Teesha A.
  • Wholesaler
  • Atlanta, GA
Posted

I live in Missouri and if you're not a license Real Estate Sales Agent or Broker you cannot receive referral fees for giving them leads on a property. One way around that I was told was to charge them a Marketing Consultant Fee.

My question what do I put in a Marketing Consultant Contract for referring clients to the Real Estate Agents and/or Broker that close on their listings?

I'm a newbie to all of this and I know its EASY to get taken on deals, especially when you do not have a Real Estate License.

I appreciate your help!

Teesha

Most Popular Reply

User Stats

145
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48
Votes
John Ching
  • Investor
  • Gilbert, AZ
48
Votes |
145
Posts
John Ching
  • Investor
  • Gilbert, AZ
Replied

Great point, Russell! 

Just when you think you've made something idiot-proof, nature makes better idiots....

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