Referral Agreement (Sample)

WABroker hereby refers (Client Name) to (Receiving Broker name)
In consideration of said referral (Receiving Broker name) agrees to pay 25% of gross commission at close of escrow or as per schedule A below from all transactions dated within 365 days of this agreement, wherein the above referenced client is principal, trustee, or beneficiary. Gross commission is defined as total compensation paid or owing to broker based upon principal’s side of the transaction and includes cash, notes or any other legal tender or instrument. Referral fees to be paid to WABroker by wire transfer directly from escrow holder, immediately upon close of escrow. All parties agree that should a dispute arise, the proper venue for adjudication of disputes is Sacramento , CA .
Schedule A
If sales price is less than or equal to $500,000 referral fee = 25%
If sales price is greater than $500,000 referral fee= 20%
X
William Alston dba WABroker DRE #
00697359
1721 Potrero Way, Sacramento
, CA
95822
referrals@wabroker.com
Cell: (916) 628-5093 office: (916) 454-5400 fax:
(866)831-2438
Receiving Broker
contact info: address, phone, fax, email of brokerage
(and agent if different)
X
(Receiving Broker
Name)
1234 Investment Lane
brokername@brokerage.com
Phone: (555) 555-5555 Fax: (888) 888-8888
(Agent
Name)
1000 Salesperson St.
agentname@brokerage.com
(222) 222-2222
Client contact info: full name, email address and phone#
(Client
Name)
clientname@clients.com
(444) 444-4444
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