Referral Fees
Get paid for who you know.
Every time you refer a buyer or seller who closes, you earn a share of the referral fee — with none of the work and none of the overhead. Here’s exactly how the money works.
The structure
You keep the lion’s share.
When you refer a client who closes a transaction, a referral fee is paid on that deal and you receive [CONFIRM: referral %] of it. No production costs come out of your pocket, and there’s nothing for you to manage — your share is purely for the introduction.
of the referral fee on every closed deal — paid directly to you.
Payouts
Paid at closing, straight to you.
- Your referral fee is paid when the transaction closes — not before, not contingent on anything else.
- It’s paid directly to you.
- It’s reported as 1099 income (you’re an independent contractor referral agent).
What it costs
One small annual cost. That’s all.
- Annual dues: [CONFIRM: annual dues] to hold your license — flat and predictable.
- Per-deal fees: none.
- Hidden costs: none. No MLS, no board, no E&O, no desk fees.
A single closed referral typically covers your dues for the year many times over.
Worked example
What a referral can be worth.
A neighbor you refer buys a $400,000 home. A referral fee on that transaction is paid to Southern Referral Associates, and your [CONFIRM: referral %] share is paid directly to you — for making one introduction. Refer a few people a year, and your parked license becomes a real income stream.
One introduction can pay for your whole year.
Park your license, refer the people you already know, and get paid when they close.