What does the referral agreement look like, and what should I watch out for?

A referral agreement is a simple contract between the referring brokerage (Soil Global) and the receiving agent's brokerage. It specifies the referral fee percentage, the client name, and the terms of payment. At Soil Global, we handle the creation and management of these agreements.

Key terms: the fee is typically 25–30% of the receiving agent's commission, paid at closing, brokerage-to-brokerage. You don't need to negotiate these — we handle it.