Referral Realty Members have a couple of options for earning referral commissions. They can refer a prospective buyer or seller to any licensed real estate broker nationwide that will accept the referral.
If our member sends a referral to a broker in our network, the member will receive a 25% referral fee at a 100% payout. No fees are due to the brokerage out of that percentage.
If our member refers to a broker outside of our network, then the member will receive whatever referral fee they are able to negotiate with the receiving broker. In this situation, the member will operate on a percentage split basis with Referral Realty. They will receive 80% of the total gross referral commission and Referral Realty will receive 20% of the total gross referral commission.
Members can log in to view this tutorial on submitting referrals to out-of-network brokers.