Las Vegas Real Estate Referral Program

Las Vegas Real Estate Referral Program

Las Vegas Real Estate Referral Program for Realtors and Real Estate Brokers

If you have a buyer/seller prospect or other real estate lead, looking to buy, sell, or relocate to the Las Vegas are please refer them to us at New Door Residential. My team and I have a great reputation and the experience you and your clients can count on. Plus we have the most generous commission referral program in town, with fee paid at successful close of escrow simply for sending us the buyer or seller information.

Simply refer a client who buys or sells a home with New Door Residential and we will pay your broker (Referring Broker) a commission referral upon successful close of escrow.  Your split of the referral fee is of course determined by your own agreement with your broker.

50% Commission Referral

If within 30 days of the original signed referral agreement, the client you referred and when represented by a New Door Residential agent, enters in to a contract to buy a home that later closes, or enters in to a listing agreement with a New Door Residential agent that later closes, and New Door Residential earns a commission.   We will pay your broker (Referring Broker) a 50% commission referral upon successful close of escrow. Recipient Broker shall pay the referral fee to Referring Broker within 30 business days of Recipient Broker’s receipt of commission on the transaction involving Principal and bank clearance of said funds.

35% Commission Referral

If within 31-60 days of the original signed referral agreement, the client you referred and when represented by a New Door Residential agent, enters in to a contract to buy a home that later closes, or enters in to a listing agreement with a New Door Residential agent that later closes, and New Door Residential earns a commission. We will pay your broker (Referring Broker) a 35% commission referral upon successful close of escrow. Recipient Broker shall pay the referral fee to Referring Broker within 30 business days of Recipient Broker’s receipt of commission on the transaction involving Principal and bank clearance of said funds. Recipient Broker shall pay the referral fee to Referring Broker within 30 business days of Recipient Broker’s receipt of commission on the transaction involving Principal and bank clearance of said funds.

25% Commission Referral

If after 60 days of the original signed referral agreement, the client you referred and when represented by a New Door Residential agent, enters in to a contract to buy a home that later closes, or enters in to a listing agreement with a New Door Residential agent that later closes, and New Door Residential earns a commission. We will pay your broker (Referring Broker) a 25% commission referral upon successful close of escrow.  Recipient Broker shall pay the referral fee to Referring Broker within 30 business days of Recipient Broker’s receipt of commission on the transaction involving Principal and bank clearance of said funds. Recipient Broker shall pay the referral fee to Referring Broker within 30 business days of Recipient Broker’s receipt of commission on the transaction involving Principal and bank clearance of said funds.

How To Refer and Get Paid

  1. Download, complete, and sign our 3 Page Referral Fee Agreement and Addendum from. Then email it to us at Support@NewDoorResidential.com.
  2. When we receive your referral document, we will give you a call right away or within 24 hours max, to discuss any additional information. We will then sign the referral fee agreement and send you the signed referral documents by email.
  3. Leave the rest to us. We will either call or email your referred prospect or client depending on their communication preference to introduce ourselves. Or we can do an initial three way call for a warm introduction. Once we have established contact, we will get to work with the client and deliver an exceptional real estate sales and service experience.
  4. We will update you throughout the process. We will send you a regular referral updates and whenever a transaction milestone is reached. If lead is not yet active, we will follow up with the lead once every 2-4 weeks or as often as we mutually agreed and send you status updates at least once a month.
  5. Once we enter escrow, we will clarify broker commission payment instructions or commission disbursement allocation with the escrow company to verify he correct referral fee to be paid to your broker. (You will be requierd to send us your Brokerage’s W-9 Form at that time)
  6. We will immediately notify you at close of escrow and give you an ETA on your referral commission check arrival along with details of the sale.

 

Note: You must be an active licensed real estate agent working under the direct supervision of an active licensed real estate broker to be eligible for this program.

Our full time real estate professionals at New Door Residential specialize in helping home buyers and sellers throughout the Las Vegas area.  If your client or prospect is looking to buy or sell in the Las Vegas area or nearby area, we can help them; and you get paid a 50%, 35% or 25% referral fee depending on the tiemframe described above.

Give us a call today at 702-659-9005 or email us at Support@NewDoorResidential.com for more information.  Check out our customer testimonials or learn more about us at New Door Residential.

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