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For agents outside the Austin metro
Most referral pages list services. You already know what a buyer's agent does. What you actually want to know is what you get and when you get it, so I am answering that first and then showing you the whole timeline before you commit to anything.
What do I actually get out of it?
A referral fee on a transaction you could not have closed yourself, agreed in writing and signed by me and by my broker. Your client is moving out of your market, so the honest version is this: they become my client here, and you get paid for sending them to someone who will look after them. What you keep is the relationship and the credit for it. The last thing they will remember about their move is who they were handed to.
How and when do I get paid?
Texas allows referral fees only between licensed brokers, here or in your state. The agreement is the Team Price Referral Agreement, signed by me and by my broker, with your brokerage on the other side. The fee is whatever the agreement says it is, in writing. We exchange W-9s and the payment is reported on a 1099.
Everything below is my brokerage's own referral procedure, not a list of favors I am promising you. That is the point: it does not depend on me remembering to be nice to you.
The paperwork
We use the Team Price Referral Agreement. It has to carry my signature and my broker's, with your brokerage on the other side. Texas allows referral fees only between licensed brokers, in Texas or in your state, so this is the part that makes the fee real rather than a handshake.
The amount is whatever we put in the agreement, in writing. We also exchange W-9s: if Team Price is the one paying, it has to receive the W-9 from the brokerage being paid, and the payment gets reported on a 1099.
First contact
Once I have spoken with your client, you get a message saying so. You should not have to wonder whether your referral landed.
While it is moving
Where the search stands while we are still looking. Then the day we go under contract, with the closing date. My brokerage treats keeping the referring agent updated as part of the job, so you are not the one chasing me for news.
Throughout
I am not permitted to redirect your referral to another agent without written approval from your broker. And if your client pauses, changes their mind or goes another direction, the referral goes back to you rather than to someone in my office.
Closing
You get told the day it closes. The fee is paid brokerage to brokerage, as Texas requires, and reported on the 1099.
What I bring that another agent here might not
Send a referral
I answer every message myself. If you would rather talk first, call or text and we will skip the form.
Or reach me directly: (512) 537-8373 · realtor@evelynvallin.com