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All Forum Posts by: Toris Diggs

Toris Diggs has started 5 posts and replied 21 times.

Post: Is illegal to pay referral fees to non realtors?

Toris DiggsPosted
  • Wholesaler
  • Baltimore, MD
  • Posts 22
  • Votes 23

Paying someone a referral fee is not illegal.  In Real Estate there called BirdDogs or Ants.  Stop listening to stupid people and realtors lying to you for their own agenda.  Just ask a Real Estate attorney or contact your Board of Realtors.  You ARE NOT required to have a real estate license to refer people and your not required to have a real estate license to receive a referral fee.  People and companies pay referral fees all the time they call them Affiliate programs/Referral Fees.  Referrals ain't nothing but a lead.  There's companies who's entire business is referring leads to people, google it.  And you know google not gonna do nothing illegal.  It amazes me how some ppl just don't think.  There are certain things that you can't say.  You have to be within the Law about what you say or how you word it.  Like you can't make false promises or guarantees but you can pay ppl for referrals and you can also get paid for referrals.  I've been a birddog for yrs finding properties for investors and agents and if I find you a good property then yes I need to be paid for my work.  Don't just take someone's word though that they'll pay you for a referral get everything in writing.