Can I receive a referral fee even if I don’t have a California Real Estate license?
Yes! In the case of commercial property or vacant land transaction, California law allows a real estate agent to pay a referral fee to an unlicensed person for merely introducing a client to the agent. However, the unlicensed person cannot have negotiated the terms of the sale. Please note that state law on this issue may vary from one state to another. Chuck Weinberger, CCIM, will make referral fee payments only in accordance with applicable laws. Why make a referral? Apart from the financial rewards, here are some reasons why you should consider making a referral: First of all, it takes very little time to make a referral and can be accomplished with just a couple of telephone conversations. For just a small amount of effort, you can make a large amount of money.
