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ON REFERRAL BY REAL ESTATE COMMISSION

ON REFERRAL BY REAL ESTATE COMMISSION 2025

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The document is a decision and order from the State of Alaska Office of Administrative Hearings regarding a claim by Darlene L. Larsen against real estate salesperson Gary B. Green for restitution from the Real Estate Surety Fund. Ms. Larsen alleges that Mr. Green engaged in fraud and misrepresentation during the sale of her residential property, resulting in unauthorized expenses totaling $6,116.95. The hearing revealed that Mr. Green exceeded his authority by incurring costs without proper authorization, leading to a finding of fraud due to his failure to disclose his liability for these expenses. The claim was approved, entitling Ms. Larsen to recover the full amount from the fund.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the claimant's name, Darlene L. Larsen, in the designated field. Ensure all personal information is accurate.
In the respondent section, input Gary B. Green’s name as the individual involved in the claim.
Fill out the OAH number and Commission number as indicated on the form. This information is crucial for tracking your claim.
Detail the claim specifics in the provided text box, including amounts sought and reasons for the claim, such as unauthorized expenses incurred during the real estate transaction.
Review all entries for accuracy and completeness before submitting. Utilize our platform's editing tools to make any necessary adjustments.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Is a referral fee considered commission?

Finders fees and referral fees are both types of commission earned by intermediaries, which are people who connect real estate brokers to buyers.

What is the difference between a referral fee and a commission?

Referral fees are cash commissions that you pay to people who refer new customers to your business. They reward individuals for bringing you new customers through word of mouth. Referral fees are sometimes called finders fees, referral commissions, or affiliate commissions.

Do realtors make money on referrals?

How much do referring real estate agents earn? There is no fixed amount. Referring agents fees depend on the referred agents commissions, varying both based on the number and success of leads and the value of the deals. The typical real estate referral fee is 25% of the gross commission.

How does referral commission work?

Referral commissions are an effective strategy for incentivizing partners and customers to refer new business, driving growth across various industries. By offering financial rewards for successful referrals, companies can expand their market docHub, enhance partner relationships, and improve overall sales performance.

What kind of expense is a referral fee?

A commission-based advisor or broker makes money by selling investment products such as mutual funds and annuities and conducting transactions with the clients money. A fee-based advisor charges a flat rate for managing a clients money.

Is a referral fee a commission?

Referral Fees Payments made to another individual or business for referring a customer are a common business practice. These are generally deductible as a business expense, often categorized as an advertising or professional fee.

ON REFERRAL BY REAL ESTATE COMMISSION 2025

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