Home Selling in Florida>Question Details

Peter Russell, Other/Just Looking in Orlando, FL

Is it iligal for a Realtor to pay a non Realtor a referal fee for refering a property for sale or rent.?

Asked by Peter Russell, Orlando, FL Fri Aug 29, 2008

Help the community by answering this question:


Only a licensed Realtor can be paid a referral fee or commission for any real estate transaction. The State of Florida frowns heavily on someone trying to go around the system.
Jim Soda 941-809-7759
Prudential Palms Realty
Sarasota-Lakewood Ranch-Longboat Key
Web Reference: http://www.jimsoda.com
0 votes Thank Flag Link Sun Aug 31, 2008
I do not know Florida real estate law. In California someone who is "part of the transaction" can be paid, but there are criteria. Check with the FLorida Dept. of Real Estate.
0 votes Thank Flag Link Fri Aug 29, 2008
Keith Sorem, Real Estate Pro in Glendale, CA

This is part of Real Estate 101......it is illegal. If you are working with someone that is talking about paying a referral, we suggest being very cautious.
0 votes Thank Flag Link Fri Aug 29, 2008
Yes. It is illegal to pay, compensate or provide such service with the expectation of compensation. The crime is known as "unlicensed activity". The State of Florida is very serious about this matter.
0 votes Thank Flag Link Fri Aug 29, 2008
Yes, it is illegal in Florida, Real estate agents can only pay referral fees to other agents who are licensed and are in active status (i.e., working for a brokerage firm).

Louise Warring
Coldwell Banker Residential Real Estate
0 votes Thank Flag Link Fri Aug 29, 2008
Yes, as a licensed agent/broker. You are limited to only paying a referal fee to another licensed agent/broker. Some states have limits on what can or can not be paid. Best bet is to log onto your States real Estate comissons web site.
Web Reference: http://www.ScottSellsNH.com
0 votes Thank Flag Link Fri Aug 29, 2008
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