If you no longer have the time to manage properties, but you have several clients who regularly contact you for management services, then you can actually make money as an agent’s agent. In other words, you need to refer these clients to an agent that you trust. In return, you can charge a certain finder’s fee to that agent. However, for this, you would need to prepare a real estate agent agreement .
Start MS Word on your computer and create a new document. On the top write the title ‘Referral Agreement’. Align it to the center. Then save the file. Give a name that you can use to find the document later. You can use the referred company name and the date of the agreement in the naming scheme.
Start with writing the details of the referring company. So if you are the one providing another company with client details, then you need to fill this section with your details. Write the name of the company, the address and the contact details which should include both the contact number as well as the email address. For a wider selection of referral agreement templates, check out more options here.
Then you need to put in the details of the company to whom you are referring the client. Just like last time write down the name of the company, its address, its phone number, and email address. If it is available you can include the fax as well for both cases. Also, there might be a certain unique identification number for your business that you might want to include in both cases. In a separate section, mention the referral fee in percentage as well as the exact amount if applicable. Find more professional agreement templates by visiting this link.
After that write down the details of the buyer. This is the client that you are referring to the agent. The reference might be for the purchase of a property or the management of one. If the case is the latter, you might have to include details of that property as well. So, write down the name of the client, his current residential address and other contact information.
Finally, you need to write about the other terms that you might want to include in addition to the ones already applicable in such contracts. After that, you can write a statement saying that the people signing below has read the document and have confirmed the information to be true. Also, they agree to pay the amount that has been mentioned. Right below that leave spaces for the parties to sign. Explore a variety of agreement format templates here.
