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A referral agreement (sometimes referred to as an introduction agreement, commission agreement or finders fee agreement). This agreement is for use between a supplier or service provider and another company that refers potential clients to the supplier or service provider in return for a commission.
The short version? Agencies typically pay referral fees of 5% to 10% of the revenue they receivebut theres plenty of nuance on how you handle it, and many agencies pay 0% in referral fees.
Depending on what you want, it can be a short-term agreement for one or two years or a long-term agreement that only ends under the terms of the agreement.
A referral agreement sample should include the following sections: Definitions. Relationship between parties. Responsibilities. Referral fee terms. Promotional expectations. Referral process and tracking. Non-exclusivity clause. Non-disclosure and confidentiality.
What is a referral fee? A referral fee is a commission paid to an individual who brings new customers to your business. Sometimes, businesses pay referral fees in exchange for a client introduction. But more often, a referral fee is tied directly to a sale.
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A Referral Fee Agreement is used when people have knowledge and contacts in a certain field and want to be paid for making successful introductions to others. Most often, a broker will introduce a buyer and seller of goods or services, real estate buyer and seller, or employer and potential employee.
A referral agreement sample should include the following sections: Definitions. Relationship between parties. Responsibilities. Referral fee terms. Promotional expectations. Referral process and tracking. Non-exclusivity clause. Non-disclosure and confidentiality.
A referral agreement (sometimes referred to as an introduction agreement, commission agreement or finders fee agreement). This agreement is for use between a supplier or service provider and another company that refers potential clients to the supplier or service provider in return for a commission.
referral arrangement means any arrangement in which a registrant agrees to pay or receive a referral fee; and referral fee means any form of compensation, direct or indirect, paid for the referral of a client to or from a registrant.
A Referral Fee Agreement is used when people have knowledge and contacts in a certain field and want to be paid for making successful introductions to others. Most often, a broker will introduce a buyer and seller of goods or services, real estate buyer and seller, or employer and potential employee.

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