How to Complete a Referral Agreement
How to Complete a Referral Agreement:
- Locate the Referral Agreement form in your Zipforms Library. see Sample below.
- You need to fill out the “Referring Agent portion and brokerage Keller Williams Realty.
- You need to fill out the “Recipient Agent/Brokerage.
- Decide on the percentage of the commission you wish to be paid. Common is 25%-30%, most common is 25% to ask from the receiving broker
- Decide on HOW long you want to this referral agreement to be in place. The default timeframe is 12 months. (If they Buy, Sell, Lease) Whatever the case is.
- Any other terms/conditions NEED to be put on this agreement.
Who needs to SIGN THIS FORM:
- Your TEAM LEADER needs to sign, please send to them via DocuSign. (electronic signatures is best)
- Obtain TAX ID# from your MCA/or Assistant MCA
Final Step:
Send to the other Broker/Realtor for Signature from their office manager/broker or Team Leader.
SEE SAMPLE BELOW