It's been a while since I've done a referral. I know a normal referral rate around here is 25%. Is that 25% of my cut of the commission... or is that 25% of the check written to my co. for 3.5%?

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Rainmaker
530,810

Gary Coles (International Referrals)

Venture Realty International - Las Vegas, NV

Latin America Real Estate

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.

Oct 09, 2015 02:38 PM

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Gary Coles (Internatio...

Las Vegas, NV

Rainer
140,664

Maureen Fukumoto

Help-U-Sell Realty Pro - Mililani, HI

Maureen

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.

Oct 09, 2015 10:50 AM

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1

Lise Howe

Washington, DC

Ambassador
5,968,307

Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

Forestland Experts! 715-204-9671

of what our brokerage receives before splitting with the agents.

Oct 23, 2018 11:31 PM

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Rainmaker
1,466,057

Michael Setunsky

Woodbridge, VA

Your Commercial Real Estate Link to Northern VA

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.

Oct 09, 2015 11:58 PM

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Rainmaker
2,538,521

Joe Petrowsky

Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT

Your Mortgage Consultant for Life

Good morning JJ. It is whatever you are to, with the person or company your refer the client to.

Make it a great weekend!

Oct 09, 2015 06:37 PM

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Rainmaker
2,147,073

Lise Howe

Keller Williams Capital Properties - Washington, DC

Assoc. Broker in DC, MD, VA and attorney in DC

The answers below are right. The Commission total is the basis of the referral

Oct 09, 2015 01:24 PM

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Rainmaker
1,525,455

Sybil Campbell

Fernandina Beach, FL

Referral Agent Amelia Island Florida

It is 25% off the top of the commission.

Oct 09, 2015 01:20 PM

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Rainmaker
2,442,675

Evelyn Johnston

Friends & Neighbors Real Estate - Elkhart, IN

The People You Know, Like and Trust!

25% of your company's income. Not all referrals are offered at 25%. I have seen less.

Oct 09, 2015 01:19 PM

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Rainmaker
634,382

Kathleen Luiten

Resort and Second-Home Specialist - Princeville, HI

Kauai Luxury Ocean Home Sales

25% of the total commission.

Oct 09, 2015 08:33 AM

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Rainmaker
173,222

Kelly McGovern

Realty Concierge International - Bellingham, MA

Working with Kelly is a good move

It is the total commission to your brokerage

Oct 09, 2015 06:38 AM

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Rainmaker
724,746

Tony Lewis

Summit Real Estate Group - Valencia, CA

Summit Real Estate Group Valencia & Aliso Viejo

The referral fee, no matter the percentage, is based upon the total gross commission received.

Oct 09, 2015 05:25 AM

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Rainmaker
5,581,941

Barbara Todaro

RE/MAX Executive Realty - Happily Retired - Franklin, MA

Previously Affiliated with The Todaro Team

if it's a listing referral, it's 25% off the top of the listing end.... before anyone gets paid....

Oct 09, 2015 04:41 AM

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Rainer
216,804

Sharon Altier

Coldwell Banker Realty - Elmhurst, IL

Luxury Property Specialist, CSC, SFR

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.

Oct 09, 2015 04:32 AM

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Rainmaker
2,310,514

Belinda Spillman

Aspen Lane Real Estate Colorful Colorado - Aurora, CO

Colorado Living!

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.

Oct 09, 2015 04:20 AM

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Rainmaker
4,799,925

Gabe Sanders

Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL

Stuart Florida Real Estate

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.

Oct 09, 2015 04:17 AM

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Rainmaker
443,009

Cindy Davis

SD Home Source Realty - San Diego, CA

I believe it's 25% of the overall cut...but I'm sure you can make it whatever you prefer.

Oct 09, 2015 04:10 AM

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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.
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.
of what our brokerage receives before splitting with the agents.
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.
Good morning JJ. It is whatever you are to, with the person or company your refer the client to.

Make it a great weekend!
The answers below are right. The Commission total is the basis of the referral
25% of your company's income. Not all referrals are offered at 25%. I have seen less.
The referral fee, no matter the percentage, is based upon the total gross commission received.
if it's a listing referral, it's 25% off the top of the listing end.... before anyone gets paid....
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.
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.
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.
I believe it's 25% of the overall cut...but I'm sure you can make it whatever you prefer.