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Real Estate Referrals Exchange referrals with other members of Real Estate Webmasters. If you need a referral taken care of, we have a member that is happy to take care of them and provide a referral fee.

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Old 02-08-2005, 11:57 AM
websanc21 websanc21 is offline
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Default Las Vegas - REALTOR - 25% referral

Hi, my name is Sandra Flores, I am a bilingual Spanish/English Realtor in Las Vegas, Nevada.
I work with many first time buyers,investments, multi units, etc... I paid 25% for referrals
at the close of escrow. Please send me any
referrals via email at sandylasvegashomes@yahoo.com or call me at my cell : 702-358-4939
Thanks and I look forward to work with you.
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Sandra Flores
REALTOR
Prudential Americana Group of REALTORS
8337 W. Sunset Rd Suite 150
Las Vegas,Nevada 89113
702-358-4939
702-873-1275
sandylasvegashomes@yahoo.com
http://www.sandylasvegashomes.com

Last edited by websanc21 : 11-25-2005 at 03:42 PM.
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Old 02-08-2005, 10:05 PM
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Default Re: Las Vegas - REALTOR - 25% referral

maybe a dumb question as I am not a realtor, but isnt 25% referral standard and mandatory? I have never heard of anyone ever not paying 25% - or did I miss the rules on this one - is it mandatory, or at the realtors discretion?
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Old 02-08-2005, 10:30 PM
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Default Re: Las Vegas - REALTOR - 25% referral

Quote:
Originally Posted by webmaster
maybe a dumb question as I am not a realtor, but isnt 25% referral standard and mandatory? I have never heard of anyone ever not paying 25% - or did I miss the rules on this one - is it mandatory, or at the realtors discretion?
Not mandatory but in many places customary.
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Old 02-10-2005, 10:38 PM
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Default Re: Las Vegas - REALTOR - 25% referral

My office has a contract for 25% if it's with another office of the same main company... other then that.. it's what ever you decide/ agree on between brokers before the deal....
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Old 02-11-2005, 01:07 AM
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Default Re: Las Vegas - REALTOR - 25% referral

My wife will sometimes pay a little more if the client is intending to buy an expensive property.
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Old 03-07-2005, 02:21 PM
khixon khixon is offline
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Default Re: Las Vegas - REALTOR - 25% referral

Hello There
I Just Got My License And I Work For A New Home Developer. I Want To Break Into Resale, But A Little Nervous. I Called A Couple Of Referral Companies Wanting To Get On Their List (in The Future), And I Wanted To Know If It Was Normal To Charge A Start Up Fee. One Company Charges 1500 To Start, 100 Leads Guaranteed And Does Not Take A Referral Fee During The First 6 Months. After That, Its A 20% Referral Fee. Can Someone Tell Me If That Sounds Right, And Is Joining A Referral Team (organization) Smart Business. Thanks So Much!
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Old 03-07-2005, 04:42 PM
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Default Re: Las Vegas - REALTOR - 25% referral

Edit: I must have been tired. I guess I didn't read the first post all the way through.

Last edited by kyle422 : 03-08-2005 at 10:32 AM.
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Old 03-07-2005, 10:51 PM
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Default Re: Las Vegas - REALTOR - 25% referral

Or join a team that has one in place.
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Old 03-08-2005, 06:03 AM
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Default Re: Las Vegas - REALTOR - 25% referral

Quote:
Originally Posted by SanDiego
My office has a contract for 25% if it's with another office of the same main company... other then that.. it's what ever you decide/ agree on between brokers before the deal....
It just moved to 35% ... I might stop selling and just give referrals...lol
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Old 03-08-2005, 10:13 AM
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Default Re: Las Vegas - REALTOR - 25% referral

There are a lot of agents taht are willing to give 30-35%. This shows me that they can't get enough business on their own so I will not send them my referrals. After a point there is no way for a deal to be worth doing and I think that 25% is really pushing it. I give 20-25% based on how strong of a deal it is.

If you give up 25% off the top for an referral fee then 30% to the office, then 35% for taxes what are you really left with? $10000 ($400k buyer) turns into $3412.50 and that would be a good size buyer in my area. Plus many have more going to the office and some are in a higher tax bracket.

That same $10k would end up being only $2957.50 if you had given a 35% referral fee. Not really worth it when you factor in all your expenses and liabilties.
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