What’s a good referral fee on a Commercial Mortgage?
Approx. $5 mil. note.
[{"id": "iu2g3p2", "text": "0.25 - 1%", "replies": [], "depth": 1}, {"id": "iu2y1zm", "text": "You can find 1% without too much difficulty if you call around a bit", "replies": [], "depth": 1}, {"id": "iu2yrft", "text": "If you mean referring the loan for the client to an actual lender.... 1% or 2% max. I usually just ask 1%.\n\nYou should get an engagement agreement aka fee agreement so you get paid at close from escrow.", "replies": [{"id": "iu5wz2g", "text": "Referral to actual lender. And lender is very niche. I\u2019m not sure he would have been able to find it himself.", "replies": [], "depth": 2}], "depth": 1}, {"id": "iu6qxzm", "text": "Actually if you PM me I can hook you up with a .75% comish jf the note works for the buyer", "replies": [], "depth": 1}]