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Seller Referral Agreement – Real Estate Two70 (Outbound Referral)

This Seller Referral Agreement is issued by Real Estate Two70 and documents a broker-to-broker referral in which Real Estate Two70 is referring a seller to another real estate brokerage for active representation. This agreement clearly identifies all brokerages, brokers, agents, and the referred seller, and discloses referral compensation in a transparent and professional manner. Download Form

Defined Terms & Use of Language

  • Real Estate Two70 – The referring brokerage under this agreement.
  • Referring Broker – The supervising broker for Real Estate Two70.
  • Referring Agent – The Real Estate Two70 agent initiating the referral.
  • Receiving Brokerage – The brokerage receiving the referral and providing seller representation.
  • Receiving Broker – The supervising broker for the Receiving Brokerage.
  • Receiving Agent – The agent of the Receiving Brokerage who will work directly with the seller.
  • Seller – The individual(s) being referred.
  • Referral Fee – Compensation paid by the Receiving Brokerage to Real Estate Two70 upon a successful closing.

This agreement is between brokerages. All licensees act under broker supervision in accordance with applicable state law.

1. Referring Brokerage Information – Real Estate Two70 (Required)

Brokerage Name: Real Estate Two70
Brokerage Address: 15 E Main St, Rexburg, ID 83440

Supervising Broker: Richard Robinson
Idaho Broker License #: DB42514
Email: RickR@Two70.com
Phone: 208-360-4688

Referring Agent Name: ______________________________
Agent Email: ______________________________
Agent Phone: ______________________________

2. Receiving Brokerage Information (Required)

Receiving Brokerage Legal Name: ______________________________
Brokerage Address: ______________________________

Receiving Broker Name: ______________________________
Broker License #: ______________________________
Broker Email: ______________________________
Broker Phone: ______________________________

Receiving Agent Name: ______________________________
Agent Email: ______________________________
Agent Phone: ______________________________

3. Referred Seller Information (Required)

Seller Name(s): ______________________________
Seller Email: ______________________________
Seller Phone: ______________________________
Property Address (if known): ______________________________

4. Transaction Type

This referral is for Seller / Listing Representation.

5. Term & Coverage (Required)

Agreement Start Date: ______________________________
Agreement Expiration Date: ______________________________
Number of Transactions Covered: ______

6. Representation Boundary

Real Estate Two70 will not provide pricing advice, marketing services, negotiations, or transaction management to the Seller after the referral is made.

The Receiving Brokerage will provide full seller representation, including pricing strategy, marketing, negotiations, disclosures, and closing coordination.

7. Referral Fee (Required)

The Receiving Brokerage agrees to pay Real Estate Two70 a Referral Fee equal to:

_________% of the gross listing-side commission actually received by the Receiving Brokerage at closing.

No Referral Fee is owed if the transaction does not close.

8. Payment Timing & Method (Required)

The Referral Fee will be paid within _____ business days after closing and receipt of commission by the Receiving Brokerage.

Payee Name: Real Estate Two70
Payment Method: Check / ACH
Remittance Address or Accounts Payable Email: ______________________________

9. Third-Party Referral Disclosure (Required)

Is any additional party entitled to a referral fee related to this seller? Yes / No

If yes, identify party and payment order: ______________________________

10. Required Documents Prior to Payment

  • Completed W-9 for Real Estate Two70 (upon request)
  • Closing or settlement statement provided with payment

11. Communication Expectation

The Receiving Agent agrees to notify the Real Estate Two70 Referring Agent within _____ days of contract acceptance and provide an estimated closing date.

12. Seller Disclosure & Acknowledgment

By signing below, the Seller acknowledges:

  • They understand Real Estate Two70 is referring them to another brokerage
  • They understand the Receiving Brokerage and Receiving Agent will represent them
  • They understand a Referral Fee will be paid between brokerages
  • The referral does not increase their costs
  • They retain the right to choose representation freely

Seller Signature: ______________________________
Date: ______________________________

13. Brokerage Authorization

Real Estate Two70 Referring Agent Signature: ______________________________   Date: ______________________________

Supervising Broker Signature (Richard Robinson – Real Estate Two70): ______________________________   Date: ______________________________

Receiving Agent Signature: ______________________________   Date: ______________________________

Receiving Broker Signature: ______________________________   Date: ______________________________

Referral Agreement Options