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Referral Agreement (Real Estate) for Philippines

Referral Agreement (Real Estate) Template for Philippines

A Real Estate Referral Agreement governed by Philippine law that establishes the terms and conditions for referring real estate clients or opportunities between parties. This agreement complies with the Real Estate Service Act (RESA Law) and related Philippine regulations, detailing the referral process, compensation structure, and obligations of both parties. It includes provisions for data privacy compliance, professional standards, and specific requirements under Philippine real estate laws. The document addresses payment terms, confidentiality, and compliance requirements while protecting both the referrer's and recipient's interests in the Philippine real estate market context.

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What is a Referral Agreement (Real Estate)?

The Referral Agreement (Real Estate) is essential for formalizing referral relationships in the Philippine real estate industry. It is typically used when licensed real estate professionals or companies wish to establish a structured arrangement for referring clients or business opportunities to each other. The document ensures compliance with the Real Estate Service Act (RESA Law) and other relevant Philippine regulations, including requirements for professional licensing, compensation structures, and client protection. This agreement is particularly important in the Philippine context where real estate transactions must follow specific regulatory requirements and professional standards. It covers essential elements such as referral fee calculations, payment terms, confidentiality obligations, and compliance with anti-money laundering regulations, while addressing specific local market practices and legal requirements.

What sections should be included in a Referral Agreement (Real Estate)?

1. Parties: Identifies the parties to the agreement, including their professional licenses and qualifications as required by RESA Law

2. Background: Explains the context of the agreement and the parties' intentions to enter into a referral arrangement

3. Definitions: Defines key terms used throughout the agreement, including 'Referral', 'Referral Fee', 'Qualified Lead', etc.

4. Scope of Services: Details the referral services to be provided and the process for making referrals

5. Referral Fee Structure: Specifies the compensation structure, payment terms, and conditions for earning referral fees

6. Payment Terms: Outlines the timing and method of payment, including any tax considerations

7. Obligations of Referrer: Lists the responsibilities and duties of the party making the referrals

8. Obligations of Recipient: Details the responsibilities of the party receiving the referrals

9. Compliance with Laws: Ensures compliance with RESA Law and other applicable Philippine regulations

10. Confidentiality: Addresses the handling of confidential information and compliance with the Data Privacy Act

11. Term and Termination: Specifies the duration of the agreement and conditions for termination

12. General Provisions: Standard clauses including governing law, dispute resolution, and entire agreement

What sections are optional to include in a Referral Agreement (Real Estate)?

1. Non-Solicitation: Prevents parties from directly soliciting each other's clients - include when dealing with established real estate businesses

2. Exclusivity: Establishes whether the referral arrangement is exclusive - include when parties want territorial or client exclusivity

3. Marketing and Branding: Guidelines for using each other's brands in marketing - include when parties have significant brand presence

4. Training Requirements: Specifies any training needed for making qualified referrals - include for complex property types or specialized markets

5. Insurance Requirements: Details required insurance coverage - include when dealing with high-value properties or commercial real estate

6. Performance Metrics: Establishes performance standards and reporting - include for volume-based or professional referral networks

7. International Transactions: Additional provisions for international referrals - include when dealing with overseas properties or clients

What schedules should be included in a Referral Agreement (Real Estate)?

1. Schedule A - Fee Structure: Detailed breakdown of referral fees for different property types or transaction values

2. Schedule B - Referral Process: Step-by-step process flow for making and handling referrals

3. Schedule C - Required Documentation: List of documents required for valid referrals and payment processing

4. Schedule D - Territory Definition: Definition of geographic areas or market segments covered by the agreement

5. Appendix 1 - Referral Form Template: Standard form for submitting referrals

6. Appendix 2 - Professional Credentials: Copies of relevant licenses and certifications

7. Appendix 3 - Compliance Checklist: Checklist ensuring compliance with RESA Law and other regulations

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Philippines

Publisher

Ƶ

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions



































Clauses


































Relevant Industries

Residential Real Estate

Commercial Real Estate

Industrial Real Estate

Retail Real Estate

Mixed-Use Development

Luxury Real Estate

Affordable Housing

Hospitality Real Estate

Agricultural Real Estate

Condominium Development

Relevant Teams

Legal

Business Development

Sales

Compliance

Operations

Property Management

Client Relations

Marketing

Investment Advisory

Franchise Development

Relevant Roles

Real Estate Broker

Property Manager

Real Estate Agent

Business Development Manager

Sales Director

Compliance Officer

Real Estate Network Manager

Property Consultant

Real Estate Investment Advisor

Franchise Development Manager

Legal Counsel

Operations Manager

Real Estate Marketing Manager

Client Relations Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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