Does IIC get part of the referral fee?

Yes. When brokers pay the referral fee to IIC, we keep 3/10 to help cover our administrative expenses, and the other 7/10 goes to your charity. (We round up for the charity share and round down for the IIC share. In the example of a $100,000 home sale or purchase, IIC would keep $185 (29.6% of the referral fee) and your charity would receive from IIC $440 (70.4% of the referral fee).

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