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A real estate referral fee is a portion of a real estate commission that is paid to a real estate broker in exchange for referring them a client. Though subject to negotiation, a typical referral fee is 25% of the gross commission for a single side of a transaction.How much does it cost to refer a real estate agent?
Agent Pronto offers agents the referral for a 25% to 35% fee, depending on the buyer’s budget or the estimated home price of the seller. How Common Are Real Estate Referrals?How much does it cost to refer someone?
Referral fees can range anywhere from 10 to 50%, but most of the time they sit somewhere between 20 to 35%. The fee percentage usually depends on three core factors: How much work was or is required of the referring agent How involved the referring agent will be in the transactionHow do you structure a real estate referral agreement?
How to structure a real estate referral agreement Referral fees vary based on a number of factors, but a typical fee is usually 25% of the closing agent's take-home commission. Again, this number can vary dramatically based on the client, the market, and the amount of work required from both the referring and the closing agent.