What is a referral network in real estate?
Quite simply, a real estate referral agent is a real estate agent who refers a client to another real estate agent, who will then manage the client's real estate transaction. Real estate referral agents receive a portion of the commission on the real estate transaction a client conducts after they have been referred.
How much do referral agents make?
The average base pay for a referral agent is $48,930 per year. This amount varies depending on the region and type of real estate the agent is involved with. Because they work off fees and commissions, referral agents earn more money for each client they connect with a real estate agent that results in a sale.
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