REAL ESTATE REFERRAL AGREEMENT
I. The Parties. This Real Estate Referral Agreement (“Agreement”) made this ___________________, 20____ (“Effective Date”) between the following: Referring Party Name: ____________________ Agency/Company: ____________________ Business Address: ____________________ City: ____________________ State: ____________________ Zip Code: ____________________ Telephone: ____________________ E-Mail: ____________________ Receiving Party Name: ____________________ Agency/Company: ____________________ Business Address: ____________________ City: ____________________ State: ____________________ Zip Code: ____________________ Telephone: ____________________ E-Mail: ____________________ The Client Name: ____________________ Business Address: ____________________ City: ____________________ State: ____________________ Zip Code: ____________________ Telephone: ____________________ E-Mail: ____________________ Website: ____________________
WHEREAS, the Referring Party refers the Client to the Receiving Party with the intention of receiving compensation if the client completes a real estate transaction within ____________________ of the Effective Date.
II. Compensation. In the event a real estate transaction occurs under the terms of this Agreement the Referring Party shall be owed: (check one) ☐ - One (1) Time Fee. $____________________ ☐ - Percent of Commission. ____% of the ☐ List Price ☐ Sales Price ☐ Lease ☐ - Other. _______________________________________________________.
III. Payment. The
Receiving Party agrees to pay the Referring Party within ____ business days after being paid by the Client.
IV. Expiration. This Agreement shall terminate on ___________________, 20____ unless both the Referring Party and the Receiving Party agree in writing to extend. V. Governing Law. This Agreement shall be governed under the laws located in the jurisdiction of the Client’s transaction.
VI. Additional Terms & Conditions. ________________________________________ ______________________________________________________________________ ______________________________________________________________________
VII. Entire
Agreement. This Agreement constitutes the entire agreement between the Parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the Parties. Referring Party Signature _________________________ Date ____________________ Print Name ____________________ Receiving Party Signature _________________________ Date ____________________ Print Name ____________________ Page 2 of 2
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