Music, today our question is: "Michael, how much referral fee is reasonable between agents referring each other business?" Well, that might depend on the property type, your area, and basically what you're referring. How big or small the referral is, but, to answer your question, I would say 20% of the side referred is reasonable. Look, you want to leave the care act for the agent that actually asked to do the work. If you ask for too much and there's not enough carat, that client may not get enough service. Also, the client should know that part of the care is missing from the agent's fee that's going to actually do the work. So, if it's too much, they say, "Hey, wait a minute! You gave me a name here, you're taking a lot of their fee." I'm afraid they're not going to be motivated enough. So, 20% of the side referred is what I like to pay when people refer us business that are licensed to agents or that we like to receive when we're referring business out to them. If we might be a service, you're invited to reach out to us. Ask Michael Balls, brought to you by these great companies. To discover more about their benefits and services, visit creeshow.com.
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Remax agent Referral Form: What You Should Know
Download now in Google Drive. Remix agent referral form — Fill Online, Printable, Fillable Blank Fill Remix RE/MAX Agent Referral Form — Fill Remix RE/MAX Agent Referral Form — Fill Remix RE/MAX Agent Referral Form — Fill Remix RE/MAX Agent Referral Form — Fill IMPORTANT: As a RE/MAX Agent, you are responsible for paying all commissions incurred as a result of referral commissions you have earned through the provision of services as a RE/MAX. You understand that your brokerage will be responsible for paying all commissions incurred as a result of referral commissions you have earned through the provision of services as a RE/MAX. You have no claim upon your brokerage in the event that your commission is reduced or terminated or otherwise affected by your participation in any RE/MAX offer, the payment of a referral commission, or the acceptance of a RE/MAX commission.  If you had received an annual commission of 50 for referring an investor, the total sum of RE/MAX commissions you would have earned in the calendar year will be no less than 50. If you are not sure whether you will earn commissions on referrals, refer to the FAQs section immediately below. What are the criteria that defines whether an office, agent or brokerage is a REALTOR? The answer to this question depends primarily upon the specific types of REALTORS involved, i.e., whether your office is the only affiliate with which RE/MAX has any dealings or is one of more than one REALTOR affiliated with the same affiliate. Please Note: RE/MAX agents and brokers, including brokers and RE/MAX agents, are exempt from the Federal Income Tax in all the 50 United States, including District of Columbia, and are not required to pay taxes on the commissions earned on real estate sales they conduct in these jurisdictions. How can I find out the status of my current RE/MAX account? To view the RE/MAX account number on file, please log into My Account or go to Accounts. We will email your account with your email address, bank account number or phone number. Is this referral program taxable in the State of New York? The RE/MAX referral program is not taxable. RE/MAX agents, including brokers, are exempt from the State of New York's sales and use tax.
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