530,966
It is normally 25%of the total received by the company before any deductions. Although you will see referral fees at present ranging as high as 45% with some relocation companies and a few agents.
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Gary Coles (Internatio...
Las Vegas, NV
140,764
I send my referral fees based on the total amount received by my company. I assume the agent receiving the referral will be splitting with his/her broker.
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Lise Howe
Washington, DC
6,426,149
1,466,257
JJ Canull If your company receives a 25% referral fee, they would receive the total fee and you would get your split unless your company has a different policy.
2,538,633
Good morning JJ. It is whatever you are to, with the person or company your refer the client to.
Make it a great weekend!
2,380,462
The answers below are right. The Commission total is the basis of the referral
1,525,616
2,443,250
25% of your company's income. Not all referrals are offered at 25%. I have seen less.
634,532
173,272
766,969
The referral fee, no matter the percentage, is based upon the total gross commission received.
5,583,328
if it's a listing referral, it's 25% off the top of the listing end.... before anyone gets paid....
216,904
A referral commission is taken from the gross commission paid to the brokerage firm. Your brokerage firm would have a signed agreement with the referrer and it would note that as well.
2,310,576
It's 25% of the total commission before splits as far as I'm concerned. I have done quite a few AR referrals and that is how I pay the referral fee.
4,800,132
It is typically 25% of the check written to your brokerage. Splits for you and the company should be determined after the 25% is paid.
443,220
I believe it's 25% of the overall cut...but I'm sure you can make it whatever you prefer.