532,919
Yes -- I insert the amount and the time. And because I work referrals only, I have some additional additions. For example:
I have inserted language (much like a relocation company) stating that if the receiving company is not performing, I may pull the referral and place it with another company.
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Fred Griffin Florida R...
Tallahassee, FL
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Candice A. Donofrio
Fort Mohave, AZ
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Tony and Suzanne Marri...
Scottsdale, AZ
4,800,282
I'm pretty lax and more often than not I don't send the referral fee until they are under contract. And, then yes, all filled out to standards.
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Tony and Suzanne Marri...
Scottsdale, AZ
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Inna Ivchenko
Encino, CA
2,699,066
Yes to both. I like Gary Coles (International Referrals) idea that if they are not performing, I can pull the referral back.
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Gary Coles (Coaching)
Las Vegas, NV
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Tony and Suzanne Marri...
Scottsdale, AZ
223,950
Yes both signatures. I agree with Gary if you are doing this more consistently a more restrictive addendum may be necessary.
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Gary Coles (Coaching)
Las Vegas, NV
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Tony and Suzanne Marri...
Scottsdale, AZ
5,959,926
Agents need to sign, and if not the Broker, then the Broker needs to sign the agreement. The length of this referral needs to be on it also.
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Tony and Suzanne Marri...
Scottsdale, AZ
979,796
Tony and Suzanne - Yes, get all the signatures you can to document, specify the length, and verify the referral agreement.
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Tony and Suzanne Marri...
Scottsdale, AZ
2,759,862
Good Wednesday morning Tony and Suzanne Marriott, Associate Brokers . Interesting question and I did like the answers.
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Tony and Suzanne Marri...
Scottsdale, AZ
4,321,670
Tony and Suzanne Marriott, Associate Brokers if it is agent-to-agent referral, both agents should sign that. Not sure if I'd really need my broker's signature on that.
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Tony and Suzanne Marri...
Scottsdale, AZ
80,653
3,986,423
Absolutely...more info the better
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Tony and Suzanne Marri...
Scottsdale, AZ
1,466,257
Tony and Suzanne Marriott, Associate Brokers Yes, it makes it more official. Specifying the referral fee is a must so there are no problems later on when the property closes.
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Tony and Suzanne Marri...
Scottsdale, AZ
1,642,807
Yes, but, not always, especially if it is a very ''cold'' lead I'd warm it first. Trust and my reputation means more to me than a signature.
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Tony and Suzanne Marri...
Scottsdale, AZ
4,273,325
I do, I have had some troubles in the past.
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Tony and Suzanne Marri...
Scottsdale, AZ
5,584,078
3,988,138
Our forms call for both signatures and when I accept one generally those forms require both signatures.
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Tony and Suzanne Marri...
Scottsdale, AZ
1,027,657
Yes, we have a written referral agreement form that requires brokers' signatures.
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Tony and Suzanne Marri...
Scottsdale, AZ
8,076,333
No. I have documented the referral fee with the referral agent but the brokers have not been asked for anything.
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Tony and Suzanne Marri...
Scottsdale, AZ
1,677,896
Yes to the amount the time line hasn't crossed my mind.
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Tony and Suzanne Marri...
Scottsdale, AZ
1,090,225
Yes and yes. Ours are 1 year, renewable.
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Tony and Suzanne Marri...
Scottsdale, AZ
5,059,368
The amount yes. Always a good idea to get it in writing.
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Tony and Suzanne Marri...
Scottsdale, AZ
1,257,383
I email to the person what the commission rate will be.
It does not have an expiration. I call the person right away probing for seriousness. If we have a dialogue I send a referral agreement within the week.
Sam
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Tony and Suzanne Marri...
Scottsdale, AZ
6,616,273