Referring a Client, because it's the Right thing to do.

By
Real Estate Agent with Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities #1 in Forest Land Mgmt

Referring a Client, because it's the Right thing to do.ACF

This past week I got a call and email from a fellow ACF Forester in Michigan who had a client from Chicago who also owns some land in Central Wisconsin. 

This other Forester sent the business my way because he knew that I could do a better job with this property than he could and he was very concerned about the welfare of his client and the client's forest.

He sent the business, because it was the right thing to do, not because he was expecting a sweet referral fee, since our profession avoids this ethical quagmire by prohibiting us from Accepting or Paying these fees and requires us to refer all business that we cannot do an excellent job on to someone who can.

At a recent ACF (Association of Consulting Foresters) meeting, the subject was brought up by some Foresters who were also Real Estate Brokers.

They were of the opinion that it was an outdated rule and that it made them less competitive in the Real estate part of their businesses, I disagreed and stated that this rule sets us apart and avoids a ton of ethical situations both actual and perceived.

Some of my reasons for opposing this change are mentioned in the two blogs below from last year.

 

 

Collecting a fee on a Referral?  Ethics Violation?

 

ACF Code of Ethics

 

What do you all think about this?

 

Bob

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Groups:
Wisconsin Active Rainers
Be The Best In Your Field
Tags:
forestry
forestland
mapping
wildlife management
hunting land
caring for the environment

Spam prevention
Show All Comments
Rainmaker
1,045,604
Beth and Richard Witt
Long Island Cash Home Buyer - Center Moriches, NY
Long Island Cash Home Buyer 516-330-6940

You make a good point Bob... Happy Day

Jun 16, 2013 09:38 PM #1
Rainmaker
3,616,445
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

I agree with Richard and Beth above me.....I hope you had a nice day and Fathers day too!

Jun 16, 2013 11:39 PM #2
Rainmaker
1,280,298
Donna Foerster
HomeSmart Realty Group - Parker, CO
Metro Denver Real Estate Assistant

Bob~ That's an easy question. ALWAYS do the right thing. I believe it will come back to you 10 fold!

Jun 16, 2013 11:46 PM #3
Rainmaker
820,870
Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Bob, even as a real estate agent, I don't normally charge a referral fee.  If I do, it's way less than"normally" allowed.   I know I can't service the clients in their best light and the cost of a phone call or two - not much. 

Jun 17, 2013 01:57 AM #4
Ambassador
2,806,353
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Bob - As you know, paying referrals is pretty standard in real estate - as long as it is agent-to-agent, and discussions of the ethics of that have been around for a long while. But your main point - about referring out business that could better be done by someone else - is hardly debatable. As you point out, it's just the right thing to do.

Jun 17, 2013 02:09 AM #5
Rainmaker
773,788
Sara Wagner
The Woodland Companies - Adams, WI
Stevens Point Rentals

Hi Bob, I am enjoying going through some of your early blog posts and reposts and getting ready to start doing some posts myself soon.

Mar 03, 2019 02:07 AM #6
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
5,073,710

Bob Crane

Forestland Experts! 715-204-9671
Have a Question, Leave me a Note!
*
*
*
*

Additional Information