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[Music] greetings in this video we will be discussing the referral agreement a referral agreement is used when two realtors are going to be referring a client to one of another and basically using this form to receive compensation or to have something in writing saying that broker a referred a prospect to broker b and they do this amount of compensation upon the successful sale or lease of a property whether it be an out of state broker or just another realtor in your local area this form is good to use so you have something in writing that entitles you to your commissioning compensation as al always before we get into todays video id like to take a brief moment to talk about our company for anyone new here niz realty incorporated is a 100 real estate commission brokerage this means that we pay realtors a hundred percent of your real estate commission we have zero dollar agent fees and the only fee that we charge is a transaction fee upon closing a deal and we let you decide that tr
