When your client wants to buy or sell outside your market or specialty, you may refer them to an external brokerage/agent and earn a referral commission.
Industry standard: 25% of the gross commission earned by the receiving brokerage.
Negotiable: You may negotiate a different percentage only if it is written in the signed Referral Agreement.
Required: A signed Referral Agreement is the only binding document that guarantees your referral will be paid.
Include at minimum: the negotiated referral fee %, both broker license numbers, company tax IDs and contacts, property/client identifiers, and payment terms (e.g., “due within X days of closing”).
External referral income is subject to the same compensation/cap structure as all other deals under the Single Agent Model
1. Identify & negotiate
Identify the receiving brokerage/agent.
Agree on the referral fee % (default 25%; may differ if written in the agreement).
2. Complete & sign the Referral Agreement (mandatory)
Get signatures from both brokerages - Referral Agreement
Verify the agreement contains all required fields (see “Mandatory Referral Agreement” above).
3. Send the agreement for internal review & archiving
Email the fully executed Referral Agreement to support@reliverealty.com and to finance@reliverealty.com for review and to archive in Relive’s internal drive.
Subject line suggestion: “External Referral Agreement – [Client Name / Property Address]”.
4. Track status
Maintain basic status updates with the agent who received the referral (accepted, in contract, closed date).
5. Invoice Creation
The Finance Department will create an invoice and send it to the referred brokerage.
Ensure the referral agreement is signed before sending a client. Failure to do so may result in non-payment.
Verify all broker and tax details in the agreement to prevent processing delays.
Relive is not responsible for unpaid or delayed referral fees if an agreement is not properly executed.