Solano Real Estate Scene: Don’t pay referral fees

in Real Estate/Solano County 237 views

Real estate brokers are legally paid a 20 to 35 percent referral fee for referring buyers and sellers to other brokers.

Traditionally, this has been standard operating procedure for brokers to assist their buyers in finding an agent when their seller in Solano County is moving out of the area.

For example, a homeowner in Fairfield lists their home for sale with a local broker so they can move to a retirement community in Arizona or to San Diego for a job relocation. Part of the local broker’s service to his or her seller is to help their client find a reputable and experienced broker that will help their seller find and purchase a home.

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