Broker to Broker Referral Agreement
For and in consideration of ten dollars ($10), and other good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, the undersigned parties do hereby agree as follows:
Referral Realty & Associates "Referring Broker" does hereby refer the following prospect "Prospect" to .
Prospect's Contact Information:
Compensation to Referring Broker:In consideration for the referral, Receiving Broker agrees to compensate Referring Broker as follows:
A. % of the total gross commission (including any bonuses) received by Receiving Broker on any real estate transaction involving Prospect. The total gross commission shall be defined as the Receiving Brokers share of the commission after any cooperating broker has been paid. If the sale is completed "in-house" then the total gross commission shall be no lower than 50% of the total commission offered; or
B. in the event no percentage is entered under section A:
Termination: The rights of the Referring Broker and obligations of the Receiving Broker shall terminate after transaction.
Performance: Receiving Broker agrees to pay Referring Broker within 15 days of receiving compensation on any transaction involving Prospect and upon receipt of a W9 from Referring Broker.
Referring BrokerReferral Realty & Associates, LLC1855 Piedmont Rd, Suite 200Marietta, GA email@example.comLicensee as Broker's Authorized Signatory: R.E. Lic #
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Your legal name
Your email address
Signed by Christopher Lazarus Signed On: January 22, 2020
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Document Name: Broker to Broker Referral Agreement
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