Spam prevention
Rainmaker
4,443,892
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I've never received a referral fee from anyone except another agent. I've never paid a referral fee to anyone except another agent.

Jun 21, 2022 10:19 AM
Rainmaker
995,372
Diana Zaccaro Broker Associate
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

The only referral fees I have ever paid or received have been to other agents. There are some service providers who offer a referral fee and I don't use any of them since they charge the customer more to offset that fee and that is not right. There are probably local agents who accept referral fees from providers but I'm not aware of any.

Jun 21, 2022 01:00 PM
Rainmaker
588,398
Jim Patton
Aspire Home Real Estate 209-404-0816 - Modesto, CA
Realtor - Stanislaus ,Merced, San Joaquin Counties

Hi Peter Mohylsky. BRIX REALTY I've never received a referral from any vendor.  That's not the way to earn my business.  If they do a good job, keep their word and offer a fair price that will get my repeat business. 

Now I have given and received referrals from other agents.

Jun 21, 2022 12:52 PM
Rainmaker
1,426,350
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Very common for real estate professional to professional.

While we cannot give referral fees to painters, lawyers, etc., I certainly will thank them and probably include a coffee card or something of that nature.  If they regularly send me deals, I'm going to send them a very nice Christmas gift and probably take them and their spouse out to dinner or two during the year.  This is just common sense to show a sign of respect and appreciation.  Business 201 type stuff here.

Jun 21, 2022 05:14 PM
Rainmaker
2,058,137
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

When I was active they seemed to be non-existent Peter Mohylsky. BRIX REALTY . That's not to say they were not promised... I quickly learned that no ones word was worth a turd! Professionals... my ass.

Jun 21, 2022 08:28 AM
Ambassador
3,148,189
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I once had a contractor tell me I would be paid 10% of the job.  I did not ask for a referral fee nor did I expect one.

Was he was hoping he would get the job if he paid a referral fee?

I was less than happy.  I told him right to his face. Or should I say, I let him have it!  Charging my client more to pay me 10%!  Why would I do that when I am already getting paid by the seller.

Referral fees for real estate are very common. 

Jun 21, 2022 08:19 AM
Rainer
303,277
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

I would be fired by my wife broker if I ever tried to take a referral fee from a vendor.  We don't even take them from home warranty companies who offer them.  NOPE, not happening.  Broker to broker and it's all in writing and we're good to go.

Jun 21, 2022 09:46 AM
Rainmaker
868,838
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Not common here. I don't know anyone that would expect a referral fee for recommending a contractor or service provider.

Jun 21, 2022 08:15 AM
Ambassador
3,389,653
Anna Banana Kruchten CRS, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

I have never accepted fees from referral partners ie contractors etc.

Jun 21, 2022 04:26 PM
Rainmaker
939,720
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

I've never asked for or paid a vendor a referral fee.
I have sent and received more broker referral fees than I can count.

Jun 21, 2022 08:43 AM
Rainmaker
786,668
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

Between agents, yes.  Anything else seems unethical.  Service providers earn a spot on my list because they do a good job, are reliable & fair. 

Jun 22, 2022 05:00 AM
Ambassador
2,764,044
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate Brokered by Real - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Only receive referral fees from property management companies and to/from other agents. I will tip a vendor if the job is done well!

Jun 21, 2022 06:03 PM
Rainmaker
1,349,275
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

I only give and receive referral fees from other REALTORS*

I tell vendors, I'd rather have your referrals than your $100.00 referral gift.

Plus, I don't like vendors that lead with that offer, why do they need to?

Jun 21, 2022 05:28 PM
Rainmaker
3,377,305
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

There are a few contractors who are appreciative that will give me a gift card to a great local restaurant. It is not asked for or expected but is nice. 

Jun 21, 2022 03:40 PM
Rainmaker
845,152
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Referral fees among real estate professionals are quite common and range in percentages charged. Referral feel from, or to, any other service providers are illegal in Connecticut.

Jun 21, 2022 01:03 PM
Rainmaker
6,978,628
Roy Kelley
Retired - Gaithersburg, MD

My service provider referral fees have been limited to real estate agents. I have not expected referral fees when recommending plumbers, HVAC services, painters, etc.

Jun 21, 2022 08:02 AM
Ambassador
3,947,635
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Probably more common than I know, but I don't refer others to people for the money, I refer people because they do good work.

Jun 22, 2022 05:45 AM
Ambassador
2,605,988
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Friendship, "let me take you to lunch, or let's have a cold one on me".  No cash dollars, no gift cards.

 

* If you have a fiduciary, you may want to get legal counsel on whether or not you can accept such a fee.  IDK, but it might be worth an email to FAR Legal, or ask your favorite lawyer next time you see him or her.

Jun 21, 2022 05:16 PM
Rainmaker
688,971
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

The only referral fee the I've been involved with is a referral for one Realtor to another and the fee varies by transaction, agent and circumstances.  I proudly state to all of my clients that I will never accept any money for any recommendation I make and that the only reason I refer someone is that they are as honest as I am.  Any fee accepted should be disclosed.

Jun 21, 2022 11:46 AM
Rainmaker
915,098
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I reward good behavior.
My good behavior is rewarded.

I will forego the FEE for preferential treatment when I call at some time in the future.
The home inspector I use does not pay a referral fee, but when I need a cursory 'pre-inspection,' we have an agreement.
Such 'referral compensation' expectations, I would suggest, are present 85% of the time.

Jun 21, 2022 10:09 AM
Rainer
150,191
Karen Climer
Demetree School of Real Estate - Orlando, FL
Teaching people to pass the real estate exam

I don't ever expect a vendor to pay me a referral.  If I know a good service provider, I'm going to recommend them.  I would like to think that they'll reciprocate, but if they don't, it's fine.

Jun 21, 2022 09:48 AM
Rainmaker
5,275,259
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Haven't heard or seen of any with vendors.

Jun 22, 2022 05:34 AM
Rainmaker
2,685,302
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

If and when I want to trigger or create a referral, everyone qualifies some having to be handled in a special way while others are the norm

Jun 21, 2022 10:26 AM
Rainmaker
810,168
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

Agent to agent is common. Outside of that I don't take referral fees for referring vendors. If I know someone offers a referral fee I let them know to pass it on to the client.

Jun 22, 2022 06:29 AM
Rainmaker
4,519,954
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Referral fees from the r agents, both local and afar, yes! Referral fees from contractors, something not kosher about that, so never!

Jun 22, 2022 04:30 AM
Rainmaker
1,005,809
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Referral payments from agents for  buyers or sellers to referring agents are common. Referral payments from service providers are a very bad idea and may be illegal in some cases.

Jun 21, 2022 06:33 PM
Rainmaker
1,050,127
Doug Dawes
Keller Williams Realty Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

I haven't seen a contractor referral fee but Relator® to Realtor® is common

Jun 22, 2022 06:06 AM
Ambassador
5,709,892
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

As far as I know only Real Estate Agents charge referral fees, all other industries give them freely.  

Jun 22, 2022 05:56 AM
Rainmaker
2,126,293
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

The best providers of services are well known in a small town and no fee used to help sort them out. Word of mouth on the local grapevine does the trick and keep the money in your wallet for who to use in service providing Peter Mohylsky. BRIX REALTY .

Jun 22, 2022 03:02 AM
Rainmaker
1,364,930
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

Very uncommon.  I recently got a free roof inspection done on my own home from a guy I've used twice in the past.

Jun 22, 2022 08:39 AM
Rainmaker
1,760,639
Lyn Sims
Schaumburg, IL
Real Estate Agent Retired

I agree with Brenda Mayette.

Jun 22, 2022 06:34 AM
Rainmaker
735,225
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

Referral fees are common here in Real Estate. I'm not sure about outside of the business. I know we are so short on trades people and the ones we do have can't keep up with the work they have, so I'm pretty darn sure no one is paying referral fees in those areas. But you know what they say about assuming! lol I haven't ever received a referral fee from any of the businesses that I have referred.

Jun 22, 2022 05:06 PM