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What is the referral fee for commercial real estate?

What are Top 10 Highest Paying Cities for Real Estate Referral Agent Jobs CityAnnual SalaryMonthly Pay San Francisco, CA $101,079 $8,423 Santa Clara, CA $100,758 $8,396 Sunnyvale, CA $100,691 $8,390 Livermore, CA $100,634 $8,3866 more rows

What is a typical referral fee in commercial real estate?

Real estate referral fees depend largely on frequency, the market, client readiness and the value of the deal. Ive seen anywhere from 25% to 40% of the gross commission income (GCI) being offered to the referring agent. By far, 25% is the most common rate.

What is a reasonable referral fee?

A referral agreement is a legal contract that establishes a joint venture between a service or product provider and a referral party that earns commissions on sales.