What commision should i charge?

Profile picture for cornell4
Hi, I would like to know how much to charge an associate of mine; who is a lawyer in my country and does alot of property sales and rentals,for promotion on my website or in other words a referral fee?

I was thinking a small percentage of the closing cost  for sales and a fee  for rentals.
I would also to know if maybe I could ask for a retainer fee instead  and how much?
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January 27 2010 - Clarks Summit
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Answers (2)

Profile picture for Call The Sisters
If you are not a licensed Realtor you cannot get paid a commission on a real estate transaction of any kind.  it is illegal. Even if you are a licensed Realtor the payment must go through the Broker of record.

If you are allowing someone to advertise FSBO's on your website a flat fee per listing might be more appropriate.  Zillow charges 39.95 for anyone who wishes to advertise a for sale by owner.
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March 27 2011
Profile picture for Buy in Houston
Commissions are always negotiable.
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January 27 2010
 

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