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In Florida, how exactly does a licensed Real Estate “referral agent” conduct their business.?

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Question by sophieb: In Florida, how exactly does a licensed Real Estate “referral agent” conduct their business.?
I mean like what is a referral agent’s job. How do they transfer the prospective buyer to a full-time agent?
yeah David, if only it worked that way in reality.

Best answer:

Answer by David Z
licensed real estate agents pay about 1/4 of their commission to agents who refer them clients. essentially they are buying business.

so if agent A lives in Ilinois and refers a buyer moving to Florida to an agent in Florida, the Florida agent will pay Illinois agent 1/4 of his commission he earns when the buyer closes on a home in Florida. This is a nice thank you gift for sending business their way.

Give your answer to this question below!

admin on 22 Apr 2012 | Jobs In Real Estate | Comments (0)

Cool Jobs In Real Estate images

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Check out these jobs in real estate images:

The Wheeler Mansion on Calumet Avenue


Image by Proxy Indian
From The New York Times,

Saving the Grand Relics Of Chicago’s Prairie Ave., 20 Sep 1998

ANOTHER house being renovated is the Wheeler Kohn Mansion, a 10,000-square-foot Second Empire dwelling at 2018 South Calumet Avenue, a block east of Prairie Avenue. Late last year, the house was purchased by Scott and Debra Seger, both with managerial jobs in real estate. The Segers are midway through an extensive renovation effort and plan to reopen the house as a bed-and-breakfast sometime after the first of the year. Ms. Seger estimated that they will have invested a total of 0,000, including the purchase price, by the time the renovation is completed.

The house — which was built in 1870, a year before the Chicago fire — has been through some hard times. Starting in the 1920′s, it was occupied first by a publishing company and then by a butter-and-egg wholesaler. When the Segers purchased it, it had been vacant for a number of years and was scheduled for demolition. ”It’s basically a beautiful shell,” said Scott Seger.

The facade of the house includes a two-story copper bay window, carved limestone trim and an elaborate covered front porch. The Segers are also painstakingly restoring the original cornice and installing a slate roof.

The original house had 10 bedrooms; the renovated house will have 11 and each will have its own bathroom. The bed-and-breakfast will be known as the Wheeler Mansion and rooms will go for 0 to 0 per night.

admin on 21 Apr 2012 | Jobs In Real Estate | Comments (0)

Toni Coursey’s success story at Coldwell Banker Real Estate

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Toni Coursey – former paralegal turned real estate success, Toni left a 100% company to join a Coldwell Banker office, a move that let her focus on building her business. View Toni’s story
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admin on 30 Dec 2011 | Jobs In Real Estate | Comments (2)