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Resolution R14420 (CDP235420)City of Fitchburg Committee or Commission Referral Direct Referral Initiated by: Direct Referral Approved by: Date Referred: June 30, 2020, Date to Report Back: July 28,

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How to fill out real estate referral fees

01

Understand the laws and regulations regarding real estate referral fees in your area.

02

Obtain a referral agreement form from a real estate brokerage or agent.

03

Fill out the referral agreement form completely with your contact information, the contact information of the referring party, and details of the referral.

04

Make sure all parties involved sign the referral agreement form.

05

Submit the referral agreement form to the appropriate real estate brokerage or agent.

Who needs real estate referral fees?

01

Real estate agents looking to receive referrals from other agents or individuals.

02

Individuals looking to refer clients to real estate agents in exchange for a fee.

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What is real estate referral fees?

Real estate referral fees are fees paid by real estate agents or brokers to other agents or third parties for referring clients or leads to them.

Who is required to file real estate referral fees?

Real estate agents or brokers who receive referral fees are required to file them.

How to fill out real estate referral fees?

Real estate referral fees can be filled out by documenting the amount of the fee, the parties involved, and the reason for the referral.

What is the purpose of real estate referral fees?

The purpose of real estate referral fees is to compensate the referring party for sending business to another agent or broker.

What information must be reported on real estate referral fees?

The amount of the fee, the parties involved, and the reason for the referral must be reported on real estate referral fees.

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