What is a Referral? | MailBag | Q&A
You ask questions, and I answer them. This week the question is, "What is a referral?" - Ronda B.
A referral can actually be a couple of different things:
Person to person: Someone in your client base or sphere of influence refers you to someone else. You can't compensate them with money, but you can take them out to a nice dinner.
Brokerage to brokerage or agent to agent: This is when an agent or brokerage refers an agent to another agent or brokerage. This typically happens when a real estate agent moves to a different city or state. Money can be exchanged in this situation.
Thanks for your questions, guys. I'm having a lot of fun answering these. Feel free to DM me on IG with your pressing real estate questions.
Want to join my email list?
Drop me your deets and I will send you my monthly newsletter plus updates to all my latest content.