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What is a referral agent?
What is a referral agent?
A licensed real estate professional who helps people looking for homes by referring them to other agents to complete the home buying process. The agent who completes the process will give a percentage of their commission back to the referring agent. The referral agent needs to be licensed with a Real Estate Referral Company.
You must have your real estate license and you must be connected with a brokerage that can receive and process the commissions you receive from making referrals.
Other Things To Know About Becoming a Referral Agent
A referral associate does not belong to a Multiple Listing Service or any Board of Realtors and does not have to purchase errors and omissions insurance. Also, referral agents do not have to complete continuing education requirements.
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By digitally signing this form you are providing with your express written consent to send you business and marketing communications via text messages (SMS), email, and by calls or prerecorded messages dialed by a natural person or by an automatic or automated telephone dialing system. This express written consent applies to each such email address or telephone number that you provide to us now or in the future and permits such communications regardless of their purpose, unless you opt out of SMS marketing communication when submitting this form. Consent not required to register. Message frequency varies, message and data rates may apply. Text STOP to cancel, call for help.
