broker to broker referral form
DESCRIPTION
Form used to referring Brokers outside of Diamond Realty Brokers servicing areas.TRANSCRIPT
THIS FORM IS COPYRIGHTED AND MAY ONLY BE USED IN REAL ESTATE TRANSACTIONS IN WHICH _____________________________ IS INVOLVED AS A REAL ESTATE LICENSEE. UNAUTHORIZED USE OF THE FORM MAY RESULT IN LEGAL SANCTIONS BEING BROUGHT AGAINST THE USER AND SHOULD BE REPORTED TO THE GEORGIA ASSOCIATION OF REALTORS® AT (770) 451-1831.
Copyright© 2012 by Georgia Association of REALTORS®, Inc. CO10, Referral Agreement (Broker to Broker), 01/01/12
REFERRAL AGREEMENT (BROKER TO BROKER)
Date: _________________________________. 2012 Printing For and in consideration of Ten Dollars ($10), and other good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, the undersigned parties do hereby agree as follows:
1. Broker to Broker Referral
__ (“Referring Broker”) does hereby refer the following prospect(s)
_______________________________________________________________________________________________ (“Prospect(s)” )
to _____ (“Receiving Broker”) for the provision of real estate brokerage and/or
relocation services.
2. Prospect(s) Contact Information
3. Prospect(s) Have Consented to Referral Referring Broker has obtained the Prospect(s) written agreement to be referred to Receiving Broker and has informed the Prospect(s) that the Referring Broker will receive a valuable consideration for such referral.
4. Compensation to Referring Broker In consideration of the referral, Receiving Broker hereby agrees to compensate Referring Broker as follows (Select one below. The sections not marked shall not be a part of this Agreement)):
� 1. $___________________________.
� 2. ___________ percent (%) of the full commission (including any bonus) received by Receiving Broker on any real estate transaction involving Prospect.
� 3. ___________ percent (%) of the listing commission received by Receiving Broker on any real estate transaction involving Prospect.
� 4. ___________ percent (%) of the selling commission (including any bonus) received by Receiving Broker on any real estate transaction involving Prospect.
� 5. ___________ percent (%) of the total gross Commission of any property purchased, sold, or optioned by Prospect.
� 6. Other: ____________________________________________________________________________________________________
Receiving Broker shall pay the above-referenced referral fee to Referring Broker within __________ days of Receiving Broker’s receipt of compensation on the transaction(s) involving Prospect. Receiving Broker shall have no obligation to pay Referring Broker the above-referenced referral fee until and unless Receiving Broker is paid a commission, fee or bonus on a real estate transaction involving the Prospect(s).
___________________________________ (______________) __________________________________ (______________) Referring Broker MLS Office Code Receiving Broker MLS Office Code
Address: __ Address: __________ _______
By: _______________________________________________ By: ___________________________________________________ Broker or Broker’s Affiliated Licensee Broker or Broker's Affiliated Licensee
Print or Type Name: _________________________________ Print or Type Name: _____________________________________
Bus. Phone: ________________________________________ Bus. Phone: ___________________________________________
E-mail: __________________ FAX #_____________________ E-mail: _______________ FAX #___________________________
Member of: ____________________________ of REALTORS®
Member of: _______________________________ of REALTORS®
Diamond Realty Brokers
✘ .25% referral fee or 1% showing fee if DRB remains the selling broker & does all paperwork.
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Diamond Realty Brokers DIRB01
1201 Peachtree St. Ste 200
Atlanta, GA 30361
404-884-8955
404-348-4367
Atlanta
Angel Knight