1,056,272
If an agent wants to 'own' a client that they refer . . . for all time . . . that needs to be clearly outlined in the original referral agreement. To me a referral is a one time, one client, one transaction thing. Unless it's specifically stated that multiple transactions would be involved? I would not honor that second non-referral. And I would be too annoyed to accept a referral from that agent again. I have had agents come after the fact and try to stick their hand in my pocket for relatives of clients that they have referred. Like Wayne said, this ain't Amway.
-
Troy Erickson AZ Realt...
Chandler, AZ
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Debe Maxwell, CRS
Charlotte, NC
-
Susan Haughton
Alexandria, VA
-
Kasey & John Boles
Boise, ID
-
Candice A. Donofrio
Fort Mohave, AZ
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Teri Pacitto
Westlake Village, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Mary Yonkers
Erie, PA
-
Gloria Valvasori, Accr...
Mississauga, ON
5,239,023
Agent B in y opinion. Real Estate is not Amway!
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Debe Maxwell, CRS
Charlotte, NC
-
Lyn Sims
Schaumburg, IL
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Teri Pacitto
Westlake Village, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Mary Yonkers
Erie, PA
-
Gloria Valvasori, Accr...
Mississauga, ON
-
Candice A. Donofrio
Fort Mohave, AZ
5,583,328
NO.... Agent A got her one time referral fee,... this is not perpetual income... unless it's in writing that all future transactions with that client have a referral fee attached !!! unheard of... that's my take on it!
-
Sharon Altier
Elmhurst, IL
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Teri Pacitto
Westlake Village, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Mary Yonkers
Erie, PA
-
Gloria Valvasori, Accr...
Mississauga, ON
1,466,257
Gloria Valvasori, ASA The client belongs to Agent B. Agent A is not entitled to another referral fee unless they have a written agreement to pay future referrals for this buyer.
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Teri Pacitto
Westlake Village, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Mary Yonkers
Erie, PA
-
Gloria Valvasori, Accr...
Mississauga, ON
-
Candice A. Donofrio
Fort Mohave, AZ
3,416,038
Agent A would not be due a referrals unless the first referral stated they would get referrals for lofe, and agent b accepted by signing. Where this would be highly unusual, I xy Agent A is no longer due a referral without a written agreement to get one
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Teri Pacitto
Westlake Village, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Mary Yonkers
Erie, PA
-
Gloria Valvasori, Accr...
Mississauga, ON
5,060,544
Agent A got the referral already. End of the gravy train.
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Teri Pacitto
Westlake Village, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Mary Yonkers
Erie, PA
-
Gloria Valvasori, Accr...
Mississauga, ON
5,772,581
Gloria,
Agent A is not entitled to a continuing referral in our opinion. A
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Teri Pacitto
Westlake Village, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Mary Yonkers
Erie, PA
-
Gloria Valvasori, Accr...
Mississauga, ON
1,553,330
Agent A is wrong. Unless Agent A set something up in writing, SOL and greedy as I see it.
It's Agent B's client now.
I never pay a referral fee on the second generation sales as I'm the one that maintained the communication and my effort got the next deal.
-
Debe Maxwell, CRS
Charlotte, NC
-
Candice A. Donofrio
Fort Mohave, AZ
-
Lyn Sims
Schaumburg, IL
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Gloria Valvasori, Accr...
Mississauga, ON
2,221,377
I would like to see the referral agreement to see how it reads and if it mentions referral payments for future transactions.
-
Debe Maxwell, CRS
Charlotte, NC
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
1,231,853
This is an 'age-old' issue with agents. Agree with Michael Setunsky
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Gloria Valvasori, Accr...
Mississauga, ON
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Nina Hollander, Broker
Charlotte, NC
3,349,404
That is clear to me. What was in the initial referral agreement. No mention of future referral fees then the buyer is Agent B's client. The client also feels Agent B is their agent as they went directly to Agent B 2 years later asking for help. Done and Done. Agent A can go fly a kite.
-
Sandy Padula & Norm Pa...
, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Lyn Sims
Schaumburg, IL
715,782
This answer depends upon the referral agreement. Our typical agreement is for the first transaction. Subsequent deals with the same party are not subject to the referral. Good for Agent B to have done such a good job that the buyer wants to use him/her again.
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Gloria Valvasori, Accr...
Mississauga, ON
5,112,471
Agent A is not entitled to yet another referral fee. The typical referral agreement distinctly provides information as to what the referral fee will be for.
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Gloria Valvasori, Accr...
Mississauga, ON
-
Anthony Acosta - ALLAT...
Atlanta, GA
1,206,261
Client relationship ends when the contract is signed.
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Mary Yonkers
Erie, PA
564,494
Roy Kelley gave a great response... This isn't a 'one size fits all' - read the fine print and know what's in the referral agreement and then there's no misunderstanding.
-
Debe Maxwell, CRS
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
-
Mary Yonkers
Erie, PA
1,846,901
Boy, I wouldn't want to get near Agent A. It's Agent B's client plain & simple.
-
Debe Maxwell, CRS
Charlotte, NC
-
Sandy Padula & Norm Pa...
, CA
1,153,794
Lifelong referrals don't exist in my book and that is explained prior to acceptance whether giving or receiving them.
-
Debe Maxwell, CRS
Charlotte, NC
-
Lyn Sims
Schaumburg, IL
1,027,602
I agree 100% with what Candice A. Donofrio said. If they wanted to refer them for all time, they should have said so.
-
Debe Maxwell, CRS
Charlotte, NC
-
Candice A. Donofrio
Fort Mohave, AZ
1,728,156
Agent A loses.
-
Debe Maxwell, CRS
Charlotte, NC
-
Gloria Valvasori, Accr...
Mississauga, ON
4,900,966
The client belongs to Agent B, and Agent A needs to take up kite flying.
-
Debe Maxwell, CRS
Charlotte, NC
-
Gloria Valvasori, Accr...
Mississauga, ON
991,252
IMO belongs to Agent A if the buyer is looking in Agent A's area, otherwise there is no ownership and the buyer can use anyone they prefer
IMO the only way Agent A would be due a fee is if the original referral contract included a "forever" clause - which if given to me I wouldn't sign anyway
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
7,863,184
Follow the terms of the referral agreement.
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
1,045,440
I agree with Candice A. Donofrio but if the buyer had contacted the originally referring agent and that agent then referred them to the SAME or a different agent now they would be entitled to another referral. Gloria Valvasori, Accredited Senior Agent
-
Candice A. Donofrio
Fort Mohave, AZ
5,254,035
Depends upon the original referral agreement - nothing more, nothing less. If the referral was in perpetutity, it should have been noted on the original referral agreement. Period.
-
Anthony Acosta - ALLAT...
Atlanta, GA
902,038
Referral expired at first transaction when Agent A got paid. Agent A is NOT entitled to any additional referral fees, sorry.
-
Debe Maxwell, CRS
Charlotte, NC
787,765
If it's not stated in the referral agreement then Agent A is not entitled to another referral fee.
-
Debe Maxwell, CRS
Charlotte, NC
809,258
I'm with others. If the original referral agreement outlines that a second referral fee is due then it is. If the terms of the first referral agreement were met and no other transactions are part of it then I think it's just silly that agent A is trying to get part of the pie.
We did just have one where there was a specific time frame in the agreement and when the buyer came back to purchase a second home a year later we checked the agreement and we did owe a second referral based on the time frame and terms of the first agreement. But, we paid based on the first agreement, not a second one that was sent after the fact. -Kasey
-
Debe Maxwell, CRS
Charlotte, NC
2,784,566
Its a talkable point and supports the premise of the Real Estate business i.e. everything is negotiable
-
Debe Maxwell, CRS
Charlotte, NC
352,976
It depends on the initial referral and what terms were agreed to. In CA our forms allow for detailing the referral.
-
Anthony Acosta - ALLAT...
Atlanta, GA
5,877,335
I have always believed you earn that client's business after the inital referral.
979,596
Gloria - In my opinion, Agent B has full rights to work with the buyer again without any referral fees given to Agent A. That is how I would expect things to be.
The only way Agent A should expect any sort of referral 2 years later is if they clarified that in advance.
6,417,545
Two years is a long time, a new deal that would not have happened had agent b not kept up the relationship more than agent a did.
Tell agent a to mind their own business and stop trying to be a leech on others.
3,986,308
3,988,013
Go by the time stated in the original referral agreement. If it isn't stated or the time has terminated enjoy your client free from a referral fee.
4,434,177
1,506,013
In California the RFA has a 12 month timeframe by default and can be specified to all types of transactions or just one type. You can modify the length of the agreement if you like.
In this instance, the client would now belong to Agent B and agent A at best should get a nice gift.
2,456,409
766,079
Gloria Valvasori, ASA that would be a personal choice. There is no obligation to pay are referral fee and if your client isn't pushing for it you need to ask yourself; "will I do future business with this agent?" I have a deal and the client referred me a seller today. I immediately called the agent that referred them to me and included him on the deal. That agent is a personal friend and I know that he needs the money. We should work together in the future since he was in my company and area. He moved an hour and a half away. He'll refer future business too. It really is all personal with no obligation.
3,589,741
Agent B did the work to cause this client to become a return client. Not agent A. Not happening on my watch!