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#70049 - 02/17/06 01:34 PM broker needed
cpj Offline
Junior Member

Registered: 02/17/06
Posts: 3
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.

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#70050 - 12/09/06 12:26 PM Re: broker needed
PlatinumBroker Offline
Member

Registered: 11/28/06
Posts: 315
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.
_________________________
Owner/Broker
http://www.PlatinumUSARealty.com
Specializing in REO Property

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#70051 - 12/17/06 07:32 PM Re: broker needed
rhonda Smith Offline
Junior Member

Registered: 01/20/05
Posts: 3
Loc: Mobile,Alabama
I know of land for sale in southern alabama you may contact for info
_________________________
Rhonda Smith

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#70052 - 12/21/06 04:21 PM Re: broker needed
RESTEVE Moderator Offline
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.

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#70053 - 01/05/07 07:15 AM Re: broker needed
REO Specialist Offline
Member

Registered: 04/04/06
Posts: 315
Loc: Alabama
It is illegal to pay a commission to anyone who is not a licensed real estate salesperson or broker in Alabama as well....
_________________________
Michelle Baker
ABC Realty, LLC.
Your REO Specialist!

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#70054 - 01/19/07 05:09 AM Re: broker needed
VRS Offline
Member

Registered: 03/11/05
Posts: 95
Loc: Jackson, GA
Not leagal in GA either.
_________________________
D. Gibby

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#70055 - 01/19/07 07:12 AM Re: broker needed
Drew Nichols Offline
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.
_________________________
Drew Nichols
Greenville SC Real Estate and Mauldin SC Real Estate.

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