Legal Library

Rebates and Referrals: How to legally provide incentives to buyers, clients, and other REALTORS®.

January 1, 2014

Author: Kreg Wagner (UAR)

Pages 16 & 17 outline some of the requirements and guidelines to offering compensation to somebody for a referral. It also gives a few scenarios regarding referral arrangements between yourself and another individual, and how to best approach that kind of situation. Some of the arrangements may include an unlicensed individual, an out of state REALTOR®, or another in-state REALTOR®. It also briefly touches on some of the consequences of not following these rules.

Resource: REALTOR® Magazine: First Quarter 2014

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