Referral Information

Referral Form

Sources of Referrals

Referral Process

Referral Fee Example

F.A.Q’s

Referral Form

Sources of Referrals

Referral Process

Referral Fee Example

F.A.Q’s

Sources of Referrals:

Network & Market to Your Sphere

  • Family
  • Friends
  • Neighbors
  • Past Customers
  • Co-Workers
  • Community Events
  • Social Media
  • Investors
  • Sporting Events
  • School Activities
  • Clubs
  • Social Functions
  • Prospecting

Referral Process

Please be sure to register the referral prior to any communication with an agent or company.  Following is the basic information you need to place a referral with Referral Center:

  • Customer’s Name
  • Customer’s Address
  • Customer’s Phone Number
  • Customer Should Be Expecting A Call From An Agent
  • Broker Or Agent Preference (if applicable) & contact information

This preparation can make the referral process more efficient. Once you have gathered this basic information, please fill out the online Referral Form. Our referrals are good for 24 months. The customer does not have to be ready to buy or sell immediately. 

Referral Center will then register the referral with the broker and agent of your choice. If you do not have a broker preference, we have resources to help you choose a brokerage company that services the area of your lead. Usually, we can place a referral with a brokerage company the same day. The brokerage company should then contact the customer within 24 hours of us registering them.  The customer will NOT be contacted by Referral Center. Once the referral has been placed, you will receive a confirmation email.

Following the placement of the referral, we enter the referral into our comprehensive, fully integrated computer tracking system.  By placing your referral into the system, we can accurately keep track of information concerning the referral, including referral acceptance and status updates.  Every 30 days, we request an update on the status of the referral from the broker.  Once a referral is pending, we request an update from the brokerage every 14 days.  As we gather information, it is added to our tracking system and the updates are emailed to you.

We request that the referral check is processed and mailed to us by the brokerage with the proper paperwork within 10-15 days of closing. Once received, we will process your check within 2-3 business days. Our accounting department requires that our referring agents have a completed W9 on file prior to issuing a check. You’ll receive an email notification the same day your check is mailed.

Finally, after the transaction has closed, usually within 10-15 days, the broker will issue a referral check to Referral Center.  Once all of the information has been received, and we have the proper paperwork, we will issue your check.  You will receive an E-mail the same day we mail the check to you.

Referral Fee Example

Please note, we work on a 30% referral fee.  Our licensees cannot negotiate fees on behalf of our company.  Upon closing, once we receive the 30% referral fee (usually within 10-15 days), we do a 60/40 split, with YOU receiving 60%!

Example for reference:

$200,000 Sale Price
6% total commission; 3% on side referred = $6,000
30% Referral Fee = $1,800
60% Split = $1,080 to YOU!

270 E Carmel Drive
Carmel, IN 46032
(317) 841-8100 / toll free (877) 841-8100
info@referralcenter.net / www.referralcenter.net