We ensure that only the most qualified home inspectors are being
referred to assist the
real estate agents» clients to deliver the kind of
customer experience that reflects positively on any
real estate agent.
Finder's fees (mortgage)- Often referenced as a mortgage referral fee, is paid to persons such as
real estate brokers or mortgage brokers for successfully
referring customers to lending institutions.
Affiliated Business Disclosure: A
real estate broker
refers business to its affiliate title company and provides its
customers with an affiliated business disclosure.
ReferralExchange.com shall, within a reasonable period of time following receipt of the applicable Commission, promptly pay to
Referring Agent an amount equal to a maximum of twenty - five percent (25 %) of the gross
referred side commission calculated on a minimum of two percent (2 %) gross sale price prior to any allocation of a payment to another party (including but not limited to any split between Agent and Agent's broker and any referral fee payments to other third parties), or up to a maximum of seventy - one and four - tenths of one percent (71.4 %) of the amount actually received and recognized by ReferralExchange.com, after each of the following have occurred: (a) the
Customer referred by
Referring Agent becomes part of ReferralExchange.com's referral network, (b) such Qualified
Customer completes a Qualified Transaction, and (c) such Qualified Transaction results in a Commission paid to ReferralExchange.com; provided, however, that ReferralExchange.com shall not be required to make any payment to
Referring Agent if
Referring Agent is in breach of these Agent Terms at the time of such payment, or if such payment is prohibited by law, including but not limited to instances in which
Referring Agent is not an actively licensed
real estate sales agent or broker at the time payment is to be made.