referral fee

Introduction reward money

A referral fee is a payment made to someone who directs business or clients to another party.

Real estate agents, lawyers, and salespeople commonly receive referral fees for connecting customers with service providers: The agent collected a referral fee for sending the buyer to a mortgage broker.

The practice is regulated or prohibited in some industries to prevent conflicts of interest.

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agent · percentage · cut · payout · incentive · rebate · compensation · middleman · introduction · handshake · deal · bonus · split · skin in the game · reward · affiliate · networking · lead

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compensation structure

referral feesalary

Fixed periodic employment payment

base salary · hourly wage · retainer · annual salary · guaranteed income

compensation legitimacy

referral feekickback

Illegal payment for services

bribe

Family

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