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In this video tutorial, the host discusses how to generate referral income by selling products or services for a commission. They introduce a free referral agreement template provided by Signaturely, the sponsor of the video. The host emphasizes the benefits of using this template to increase referral business for agencies. They explain that referral marketing involves a joint venture where sellers pay third parties commissions for sales made. Viewers are encouraged to sign up via a link for free access to three signatures and to subscribe for more content. The video aims to provide practical insights on leveraging referral agreements effectively.