How often do brokers pay referral fees.

We don’t know the answer! But, we do know that in the residential part of the industry, “lead-gen” as it’s often called, “corporate -relo”, which involves referrals of executives who are moving from one state to another, is quite significant. For those referrals, brokers routinely pay as much as 40+%. In our experience speaking with brokers around the country we have only once been told by a broker that he didn’t want referrals, at all, because he only handles foreclosures. Otherwise, without exception, when we ask, would you like a referral, brokers first giggle, then they say, of course!

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