Real Estate Referral Agreement

Purpose: This agreement outlines the terms and conditions under which a referral fee will be paid between the referring and receiving real estate agents or brokerages as part of a real estate transaction.

1. Parties Involved

This Real Estate Referral Agreement ("Agreement") is entered into on {agreementDate}, by and between:

• Referring Agent: {referringAgentName}, License #: {referringAgentLicense}, Brokerage: {referringAgentBrokerage}, Address: {referringAgentAddress}
• Receiving Agent: {receivingAgentName}, License #: {receivingAgentLicense}, Brokerage: {receivingAgentBrokerage}, Address: {receivingAgentAddress}

2. Client Information

The client being referred is:

• Name: {clientName}
• Phone: {clientPhone}
• Email: {clientEmail}

3. Referral Fee

The receiving agent agrees to pay the referring agent a referral fee of {referralFeePercentage}% of the gross commission earned on the referred transaction. The fee will be paid within {paymentDays} days of the close of escrow.

4. Transaction Details

• Transaction Type: {transactionType}
• Expected Transaction Value: {transactionValue}

5. Terms and Conditions

• The referring agent confirms they are licensed in accordance with applicable laws.
• The referral fee will only be paid if the receiving agent successfully closes a transaction with the referred client within {validityPeriod} of the agreement date.
• This agreement does not establish an employee/employer relationship between the parties.

6. Confidentiality

All information shared about the client shall be kept confidential and used solely for the purpose of providing real estate services related to this referral.

7. Governing Law

This Agreement will be governed by the laws of the state of {governingState}.

8. Additional Terms

{#additionalTerms}

• {term}

{/additionalTerms}

9. Signatures