Real Estate Referral Network Realtor Referral Partner Agreement
7901 4th St N STE 36770, St. Petersburg, FL 33702
+1 561-949-5259 | lukegreyson@magnetlinkllc.com
This Agreement is entered into between Magnet Link LLC (“Referring Party”) and the Receiving Agent / Brokerage (“Receiving Party”).
Parties
Referring Party: Magnet Link LLC
Referral Relationship
Magnet Link LLC may introduce clients (“Referrals”) to the Receiving Agent. By accepting a referral, the Receiving Agent acknowledges Magnet Link LLC as the source of that client.
Referral Fee
The Receiving Agent agrees to pay Magnet Link LLC a referral fee equal to % of the gross commission earned on any transaction resulting from a Magnet Link referral. The fee is due at or immediately following closing.
Proof of Closing
The Receiving Agent agrees to provide reasonable proof of closing upon request.
No Circumvention
The Receiving Agent agrees not to conceal, delay, or misrepresent any transaction resulting from a Magnet Link referral.
Independent Contractors
Both parties operate as independent contractors.
Governing Law
This Agreement shall be governed by the laws of the state in which the transaction closes.
Referral Qualification & Acceptance
Qualifying Referral Criteria: A Qualifying Referral under this Agreement must meet mutually agreed criteria established by the parties, including referral type, approved geographic service areas, ownership verification where applicable, and demonstrated present intent to transact.
Referral Type Selection (check all that apply):
Service Plan Selection:
Referral Review & Replacement
The Receiving Agent shall review each referral upon receipt and notify the Referring Party within twenty-four (24) hours if the referral is believed to be Non-Qualifying.
Reimbursement Policy
Any upfront cost paid shall be fully reimbursed upon the first successful closing. The Receiving Agent retains 100% of that equivalent amount from the commission.
Refund & Cancellation Policy
Cancellation anytime. Full refund if within first billing cycle. After one month, refund minus one monthly fee.
Entire Agreement
This document represents the complete agreement between the parties.
Acceptance & Signatures
Receiving Agent / Brokerage
Magnet Link LLC – Luke Greyson, Authorized Representative