How much of a referral fee should I ask for?
When you are placing a referral directly with an agent yourself, the referral fee is an agreement between the two of you, but 25%-35% is pretty standard. It can be more or less, depending on your agreement.
Do I still have to do Continuing Ed when my license is with VRR?
YES! While you, as an agent, are not active, your license is! Any active license must be renewed and continuing education must be done, as usual.
If I know an agent I want my client to work with, can I use that agent or do I have to go through you?
If you know an agent, you can go directly to that agent, using your Customer/Client Referral form as your referral agreement. If you do not know an agent, just call us with your client’s info and we will take care of it!
What do you need from me when I place a referral?
If we are placing the referral for you, we always need at least their name, address, contact info and any important info you want to pass along to us. If you are placing a referral directly with an agent, please just fax us a copy of your signed referral agreement for our records.
Can I make commercial referrals?
Yes! If you know a commercial agent, you can go to them directly, or just call us with the info and we will place your referral with Virginia Referral Realty.