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Real Estate Broker Referral Agreement
"I need a Real Estate Broker Referral Agreement for my Singapore-based agency to establish a referral relationship with a broker in Australia, specifically for luxury residential properties with commission rates of 25% of the selling broker's commission."
1. Parties: Identification of referring broker and receiving broker, including license details
2. Background: Context of the referral arrangement and relationship between parties
3. Definitions: Key terms used in the agreement including 'Referral', 'Commission', 'Client'
4. Scope of Referral Arrangement: Details of referral services and territory covered
5. Commission Structure: Referral fee calculations and payment terms
6. Term and Termination: Duration of agreement and termination provisions
7. Confidentiality: Protection of confidential information and client data
1. Non-Compete Provisions: Restrictions on competing activities, use when parties operate in overlapping markets
2. Marketing Guidelines: Rules for marketing referred properties, include when joint marketing is anticipated
3. International Transactions: Special provisions for cross-border referrals, include for international arrangements
1. Commission Schedule: Detailed breakdown of commission rates and calculations
2. Referral Process: Step-by-step procedure for making and accepting referrals
3. Required Forms: Standard forms for referral submission and tracking
4. Broker Licenses: Copies of current broker licenses and certifications
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