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How to set yourself up for in & out of town referrals

I see many Realtors networked with these non-real estate "Referral Companies". These companies also charge 30 to 40% referral fee. I wonder if there are other companies, or ways Realtors can go around this. If your going to pay a referral, it would be so nice to pay 30% to a fellow Realtor (Instead Of A Company).

Posted by Mark Seibert on 09/17/2007 01:26 PM

Comments (4)

referral fees

4 Comments on How to set yourself up for in & out of town referrals

SEP

2007

Mark, there is a referral network connected with licensees who earn the Certified Residential Specialist (CRS) designation. I have received most of my inbound referrals from other CRS agents. And I tend to refer friends or contacts to a fellow CRS agent if are looking for a home in another state.

Active Rain has started its own referral network. REBAC (the Real Estate Buyer Agency Council) has its own referral network too. I think there are many places you can go within the industry that can help you avoid working with non-licensee companies.

I hear that....well...there is supposedly a referral network set up on this site...but based on the blogs I am reading, it does not seem to be working too well....since there are so many complaints about it, AR might clean it up....

I've begun looking at activerain for referrals- but I'm not a fan of blind referrals. I like to look at the city in activerain and look through the blog posts of agents that I think may match my client's interests. Then I contact that blogger.

APR

2008

I am part of a team in Virginia and we make a point to network with agents at every event we go to so we can have contacts across the country. I do not like blind referrals either but there is a wealth of information online now and you can really do alot of research on your own about who to refer to. If you have anyone moving to Northern Virginia, I would greatly appreciate the referral!

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