Do you know of anyone who is thinking of selling their Business or Franchise? If so, we would like to hear from you!
Through our Referral Program you can earn a fee for each business that you refer to us that we then list and sell. Once the deal closes we will pay you a fee! There is no cost to you to sign up as a referral source.
How does the Referral Program Work?
Step 1- Sign up as a referral source
Step 2- When you come across someone that wants to sell their business, refer them to us using our referral form.
Step 3- We will contact you and the potential seller to set up a meeting with the seller.
Step 4- After the initial meeting with the prospect we will contact you and let you know the outcome of the meeting. Should the prospect become a Client, we will keep you informed as to the status of the deal.
Step 5- Upon a successful closing and after we receive payment, we will issue you a check once we receive your taxpayer information for 1099 reporting purposes.
How much is the referral fee?
The referral fee is 20% of the sell –side of the success fee so it varies with each deal. . See example below:
Assuming the success fee is 10% and the Business sells for
a. Total Success Fee would be $50,000
b. Brokerage fee is paid $25,000 for the sell-side broker and $25,000 for the buy-side broker
c. Referring agent (you) is paid 20% of sell side or $25,000 x .20= $5000.00
You would receive $5000.00!!
If for legal reasons or if you do not want a referral fee, we will donate the fee to your favorite charity.
We are not able to offer this referral program in the following states due to real estate licensing laws. Alaska, Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Minnesota, Nebraska, Nevada, Oregon, South Dakota, Utah, Washington, Wisconsin, Wyoming
However, we can provide limited consulting and marketing services in these states. Please contact us for details.