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Referral Agreement (Real Estate)
"I need a Real Estate Referral Agreement for my Amsterdam-based agency to receive referrals from German real estate firms for commercial properties valued over €2M, with a tiered commission structure starting from March 2025."
1. Parties: Identification of the referring party and the receiving party, including registration details and professional licenses
2. Background: Context of the agreement and brief description of the parties' business activities
3. Definitions: Key terms used throughout the agreement, including 'Referral', 'Commission', 'Qualified Lead', etc.
4. Scope of Agreement: Description of the referral arrangement and territorial limitations
5. Referral Process: Detailed process for making and accepting referrals
6. Commission Structure: Terms of payment, commission rates, and calculation methods
7. Obligations of the Referring Party: Responsibilities in identifying and referring potential clients
8. Obligations of the Receiving Party: Responsibilities in handling referred clients and maintaining professional standards
9. Confidentiality: Protection of confidential information and trade secrets
10. Data Protection: GDPR compliance and data handling requirements
11. Term and Termination: Duration of the agreement and termination provisions
12. General Provisions: Standard clauses including governing law, notices, and entire agreement
1. Non-Solicitation: Prevents parties from directly soliciting each other's clients, used when parties operate in overlapping markets
2. White Labeling: Terms for presenting services under the referring party's brand, used in cases where brand consistency is important
3. Training and Support: Details of any training or support provided between parties, included when there's significant cooperation required
4. Marketing Guidelines: Rules for marketing and promoting the referral relationship, used when public promotion is planned
5. Dispute Resolution: Specific procedures for resolving disputes, included when parties want to specify mediation or arbitration
6. Insurance Requirements: Specific insurance coverage requirements, included for high-value real estate transactions
7. Compliance with Anti-Money Laundering: Detailed AML procedures, included for international referrals or high-value transactions
1. Commission Schedule: Detailed breakdown of commission rates for different types of properties or transaction values
2. Referral Process Flowchart: Visual representation of the referral process and timeline
3. Required Documentation: List of documents required for valid referrals
4. Territory Map: Definition of geographical territories if applicable
5. Data Processing Agreement: Detailed GDPR-compliant data processing terms
6. Professional Qualifications: Copies of relevant licenses and certifications
7. Contact Details: List of key contacts and escalation procedures
Authors
Real Estate
Property Development
Property Management
Financial Services
Construction
Professional Services
Investment Management
Residential Property
Commercial Property
Retail Property
Legal
Business Development
Sales
Operations
Compliance
Real Estate
Commercial
Partnerships
Property Management
Investment
Client Relations
Real Estate Agent
Property Manager
Business Development Manager
Real Estate Broker
Sales Director
Managing Director
Legal Counsel
Compliance Officer
Operations Manager
Partnership Manager
Real Estate Consultant
Commercial Director
Chief Executive Officer
Real Estate Investment Manager
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