REFERRAL FEE CONSENT - Alberta Real Estate Association 2026

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  1. Click ‘Get Form’ to open the REFERRAL FEE CONSENT in our editor.
  2. Begin by filling in the Brokerage name at the top of the form. This identifies who may receive the referral fee.
  3. Indicate the type of transaction by checking the appropriate box: sale, lease, purchase, approved mortgage, or other.
  4. Complete the 'Client Referred From' and 'Client Referred To' sections with accurate names and details.
  5. Fill in both Brokerages' addresses and contact information, ensuring all fields are completed for clarity.
  6. Provide client information including their name, address, phone number, and email in the CLIENT INFORMATION section.
  7. Add any additional client information as necessary in the designated area.
  8. Ensure all parties sign and date the form at the bottom. Witness signatures are also required for validation.

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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.
The California Department of Real Estate mandates that referral fees be paid to the referring agents broker, who will then compensate the referring agent. The amount of the referral fee should be agreed upon and documented before the transaction takes place.
What is a typical referral fee? A typical referral fee for a real estate transaction is 25% of the gross commission received by the side representing the principal you referred. This holds more true for agent to agent referrals than for real estate lead services that charge only on success.
These commissions paid to others are fully deductible under the business expense category. Therefore, keeping track of any commission splits and referral fees paid throughout the year is essential, as they can add up to a significant deduction.
Yes, real estate agents are allowed to receive referral fees from other agents or professionals for referring clients to them.

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People also ask

A consulting referral fee of 5-15% is common. On a large deal with a low level of involvement, youre looking at a finders fee of 1-5%. On a smaller deal with a high level of involvement, the finders fee can go from 5% all the way up to 35%.

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