The agent-to-agent referral economy is not well known to many. Even the experienced licensed real estate agents, working in the real estate industry for many years, do not realize about referral agent business model. Highly successful agents have many tricks up their sleeves to grow the Realtor business. One of the powerful tools they utilize is leads from partner referral agents. Business coaches, who coach top agents, promote referral agents, networking as one of the best channels to grow the real estate services business quickly.
Best Definition of of Real Estate Referral Agent
Real Estate Referral Agent is a licensed Real Estate agent, who sends an agent-to-agent referral client lead to another licensed Real Estate Agent. Real Estate Referral Agent is also known as Referring Agent or Sender Agent. The agent who received the referral will contact the client and provide the services to help with buying, selling or renting the home.
Definition of Referred Agent
Real Estate Referred Agent is defined as the licensed real estate who receives agent-to-agent referral lead from another licensed referring agent. Referred Agent is also known as Receiver Agent. Referral Agent and Referred Agent; i.e. Sender Agent and Receiver Agent, agree on Referral Fee structure prior to sharing the client contact information.
Definition of Agent-to-Agent Referrals
Real Estate Agent-to-Agent Referrals is act of sending referral client lead by one licensed real estate agent to another licensed real estate agent. As per the National Association of Realtors research; these agent-to-agent referrals are some of the highest qualified, highest converting leads agents can have. Another best part of these referrals, they come with no upfront cost for receiving agents.
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