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Real Estate Referral Fee Agreement
"I need a Real Estate Referral Fee Agreement for my Manila-based brokerage firm to establish a referral network with multiple property developers, with a tiered commission structure starting from January 2025 and including specific provisions for luxury properties valued over PHP 50 million."
1. Parties: Identifies the referring party, receiving party, and their respective business details and licenses under Philippine real estate laws
2. Background: Explains the context of the agreement and the parties' intentions to enter into a referral arrangement
3. Definitions: Defines key terms used in the agreement, including 'Referral', 'Referral Fee', 'Successful Transaction', and other relevant terms
4. Scope of Referral Arrangement: Details the nature of referrals to be made and the specific real estate services covered
5. Referral Process: Outlines the procedure for making and accepting referrals, including notification requirements
6. Fees and Payment Terms: Specifies the referral fee structure, calculation method, payment timing, and tax considerations
7. Representations and Warranties: Confirms parties' qualifications, licenses, and authority to enter into the agreement
8. Confidentiality: Addresses the handling of confidential information and client data
9. Term and Termination: Specifies the duration of the agreement and conditions for termination
10. Compliance with Laws: Ensures adherence to Philippine real estate laws, including RESA and anti-money laundering regulations
11. General Provisions: Includes standard clauses such as notices, amendments, governing law, and dispute resolution
1. Exclusivity: Used when parties want to establish an exclusive referral arrangement for specific properties or areas
2. Marketing and Promotion: Include when parties agree to specific marketing arrangements or cross-promotion activities
3. Training and Support: Added when one party will provide training or support services to the other
4. Insurance Requirements: Include when specific insurance coverage is required for the referral arrangement
5. Data Protection: Required when parties need to address specific data privacy concerns or compliance requirements
6. Non-Compete Provisions: Used when parties want to restrict competition within specific parameters
7. Force Majeure: Include when parties want to address extraordinary circumstances affecting the agreement
1. Schedule A - Fee Structure: Detailed breakdown of referral fee percentages and calculation methods
2. Schedule B - Territory Definition: Defines geographical areas or property types covered by the agreement
3. Schedule C - Required Documentation: Lists documents required for processing referrals and payments
4. Schedule D - Contact Information: Lists key contacts and their roles for both parties
5. Appendix 1 - Referral Form Template: Standard form for submitting referrals
6. Appendix 2 - Compliance Checklist: Checklist ensuring compliance with Philippine real estate regulations
Authors
Applicable Law
Business Day
Confidential Information
Effective Date
Intellectual Property Rights
Licensed Real Estate Broker
PRC
PRBRES
Professional Fee
Real Estate Transaction
Receiving Party
Referral
Referral Client
Referral Fee
Referral Notice
Referring Party
RESA
Services
Successful Transaction
Term
Territory
Transaction Value
VAT
Withholding Tax
Definitions
Scope of Agreement
Referral Process
Fee Structure
Payment Terms
Representations and Warranties
Obligations
Compliance
Confidentiality
Data Protection
Term and Duration
Termination
Anti-Money Laundering
Professional Standards
Intellectual Property
Insurance
Liability
Indemnification
Force Majeure
Assignment
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Amendment
Waiver
Counterparts
Survival
Real Estate
Property Development
Property Management
Construction
Commercial Property
Residential Property
Real Estate Investment
Property Consulting
Urban Development
Real Estate Technology
Legal
Real Estate
Sales
Business Development
Compliance
Operations
Contract Administration
Property Management
Investment Advisory
Business Affairs
Real Estate Broker
Property Manager
Real Estate Agent
Business Development Manager
Sales Director
Real Estate Consultant
Legal Counsel
Compliance Officer
Real Estate Development Manager
Property Consultant
Real Estate Investment Advisor
Operations Manager
Contract Administrator
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