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I say it depends...Give me a million dollar buyer and we can talk.
25% referral fee on $200K is peanuts
50% on a Million$+ buyer is nice.
25 % is the norm for me.
The largest referral fee that I have paid is 25%.
I have received a 1/3 fee on hundreds of transactions I have referred to associates.
My ex team lead wants 50% on a sell I made 2 weeks ago on one of his leads. They came to me after he and his minions did not follow up with the lead. He is a jerk and I am done after this home closes
Paul S. Henderson, Realtor, Tacoma Washington 25% for the referral and in most cases, the person was not pre-qualified.
there should never be a referral fee greater than 25% for a buyer referral...I can understand a listing referral being greater, but not a buyer....