I have know a person who is seeking 20-300 achers of land in southern alabama. I am not a broker nor do I want to be but I am a business consultant and occasionally come across people looking to buy real estate.
Is there anyway I can get a cut in the commission by referring?
If anyone has access to known listing for land in this area please contact me. Would be interested if both parties can profit from this and future sales.
PlatinumBroker
Member
Registered: 11/28/06
Posts: 318
Loc: Arizona
in my state it is illegal, although maybe not in yours, but as far as i know it is a nationwide thing that you can only pay a referral fee to a licensed real estate broker.
RESTEVE
Member
Registered: 10/28/06
Posts: 417
Loc: Kansas
In Kansas it is illegal for anyone to be paid a referral that is not licensed. Your state law might be different but definately check into that. Who knows you might help out a brokerage by turning them onto this person and in return it might get your name out there for your business.
Drew Nichols
Member
Registered: 01/07/07
Posts: 61
Loc: Greenville, SC
But don't worry, in SC the max fine is only 6 months in jail, I'm sure in Alabama it's about the same. May be worth it if the deal's big enough. Oh, wait. You also pay a fine of thousands. Never mind.
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