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Real Estate Agent Referral Form
"I need a Real Estate Agent Referral Form for a Lagos-based referral arrangement where I'll be referring residential property clients to another agent, with a 25% referral fee and the agreement starting March 1, 2025."
1. Parties: Identification of the referring agent and receiving agent, including license numbers and contact information
2. Background: Brief context explaining the purpose of the referral arrangement
3. Definitions: Key terms used in the agreement including 'Referral Fee', 'Client', 'Transaction', and 'Closing'
4. Client Information: Details of the referred client(s), including contact information and specific requirements
5. Referral Terms: Specific details of the referral arrangement, including duration and scope of services
6. Compensation: Terms of the referral fee, including percentage or fixed amount, payment timing, and conditions
7. Confidentiality: Obligations regarding client information and business confidentiality
8. Duration: Period for which the referral arrangement is valid
9. Signatures: Execution block for both agents to sign and date the agreement
1. Multiple Property Clause: Additional terms for cases where the client may be interested in multiple properties
2. International Transactions: Special provisions for international clients or cross-border transactions
3. Dispute Resolution: Specific procedures for handling disagreements between agents
4. Non-Circumvention: Provisions preventing direct engagement between receiving agent and future referrals from referring agent
5. Marketing Authorization: Terms regarding how the receiving agent may market to or communicate with the referred client
1. Schedule A - Client Requirements: Detailed list of client's property requirements and preferences
2. Schedule B - Fee Structure: Detailed breakdown of referral fee calculations and payment terms
3. Schedule C - Agent Credentials: Copies of both agents' licenses and professional certifications
4. Appendix 1 - Service Area Map: Geographical area covered by the receiving agent's services
5. Appendix 2 - Required Documents: Checklist of documents needed from the client for the transaction
Authors
Real Estate
Property Development
Construction
Property Management
Real Estate Investment
Commercial Property
Residential Property
Property Consultancy
Professional Services
Real Estate Sales
Business Development
Legal
Compliance
Operations
Property Management
Marketing
Contract Administration
Client Relations
Finance
Real Estate Agent
Property Consultant
Real Estate Broker
Estate Manager
Property Manager
Real Estate Sales Director
Business Development Manager
Real Estate Marketing Manager
Compliance Officer
Legal Counsel
Contract Administrator
Real Estate Operations Manager
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