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All Forum Posts by: Lori Parr

Lori Parr has started 1 posts and replied 1 times.

Real Estate Agent

Post: Referral fee on personal property in another state

Lori ParrPosted
  • Posts 1
  • Votes 0

We own a home in a state in which I am not licensed. I was considering a referral fee, but the agent we want to use will increase the commission rate if we go with a referral. This agent is the best bet for a quick sale, given his knowledge and location. Since a referral fee in this case will only take money out of our hands, as the seller, does it make any sense at all to ask for a referral fee given that my broker is going to take a percentage of the fee, ultimately coming out of our pockets as sellers?

0 Votes