Common use of Broker Referral Fee Clause in Contracts

Broker Referral Fee. A Broker Referral Fee of 2% (of the High Bid Price) is offered to VA State Licensed Real Estate Brokers or Salesperson under the following conditions: Referring Agent must contact the Auction company and submit a Broker Participation Form signed by the buyer at least 48 hours prior to auction date. Form must be submitted via email to XxxxXxxxxXxxxxxxXxxxxxx@xxxxx.xxx. If these steps have not been completed, a broker referral fee will not be paid.

Broker Referral Fee. A Broker Referral Fee of 2% (of the High Bid Price) is offered to VA State Licensed Real Estate Brokers or Salesperson under the following conditions: Referring Agent must contact the Auction company and submit a Broker Participation Form signed by the buyer at least 48 hours prior to auction date. Form must be submitted via email to XxxxXxxxxXxxxxxxXxxxxxx@xxxxx.xxxXxxx@xxxxxxxxxxxx.xxx. If these steps have not been completed, a broker referral fee will not be paid.