Real Estate agents in Referral Status Questions & Answers
Why become a referral agent?
Do I need Continuing Education?
Do I need Continuing Education?
Real Estate Brokers and Agents who have a desire to earn extra money while cutting costs of holding a real estate license.
Do I need Continuing Education?
Do I need Continuing Education?
Do I need Continuing Education?
Yes, as a Referral Agent in the State of Maryland, continuing education credits are required to keep your real estate license in good standing whether you are active or inactive as a real estate agent.
How does the commission work?
Do I need Continuing Education?
How does the commission work?
The Referral Tank commission structure depends on several factors.
Referral fees received from outside brokers as a result of referrals placed...
Referral Topics
Am I required to use a specific agent?
Can I make commercial or residential referrals?
Can I make commercial or residential referrals?
No. You can refer your clients to any agent with any company to or from anywhere in the country.
Can I make commercial or residential referrals?
Can I make commercial or residential referrals?
Can I make commercial or residential referrals?
Yes, we focus on both commercial and residential real estate transactions.
Can I make a rental referral?
Can I make commercial or residential referrals?
Can I make a rental referral?
If you know an agent that will pay a referral on a rental, then yes. Typically, agents will not pay referrals on rentals because there is so little commission involved.
Referral Topics
Can I specify the agent for my client in the referral?
Can I get a referral on the sale/purchase of my own home?
Can I specify the agent for my client in the referral?
Yes, if you know an agent suitable for your client, submit the Referral Agreement with the names and contact information containing your preference.
Can you make a referral for me?
Can I get a referral on the sale/purchase of my own home?
Can I specify the agent for my client in the referral?
Yes. You may submit your referral to a REALTOR™ you trust or tap into our network of professionals.
Can I get a referral on the sale/purchase of my own home?
Can I get a referral on the sale/purchase of my own home?
Can I get a referral on the sale/purchase of my own home?
Yes. Refer yourself to an agent just as you would any other buyer or seller.
When buying or selling your own home, your split will be 70%