What qualifies as a referral?
No. Our network is not designed for cold referral/internet lead submissions.
Reason being, 99.99% of cold referral/internet leads don't convert. Our network is ONLY for friends, family & people you know.
If you don't know if your referral is a cold referral/internet lead, here's a simple test: "Have I had at least one conversation with them and confirmed that they are looking to purchase or sell real estate?"
If not, this is a cold referral/internet lead.
Agents placing cold referral/internet leads into our system is a violation of our AFFILIATION AGREEMENT and would result in immediate license termination and forfeit of any/all pending referral commissions.
NOTE: A qualified referral is a client that you have direct communication with. If that communication is limited to one conversation, that is still a qualified referral. If you are able to speak to their needs they are qualified to be placed as a referral. Typically a qualified referral can fit in to at least one of these categories:
- Friends
- Family
- Neighbors
- Coworkers
- Past clients
- Your own transactions
- Personal contacts
- Professional contacts
- Social media contacts