What number is the 25 percent calculated on for a referral. Should the agent in another state send you the referral check by Fed ex or regular mail?
The real estate referral fee is a percentage of the commission that the agent you referred to receives on the transaction. Always be sure that when negotiating these fees, that you get the agreement in writing. Here is our article that includes a template that you can modify for use. As for how you would like the fee sent to you, there are a range of options based upon what you feel comfortable with.
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