PenFed Realty Referral Company

 

All referrals must be placed through PenFed Realty Referral Company, LLC.

 

To place a referral, contact PenFed Realty Referral Company, LLC:

• Online -  Submit a Referral

• Phone - Toll-Free: 1-888-597-3687

• Email - ​outgoing@PenFedRealty.com

  • ​If you email your referral, please remember to follow up with a phone call to the Referral Coordinator to ensure your referral has been received.

 

Adhere to these simple steps to ensure prompt payment and accurate processing of your referral fees. Failure to follow the outlined procedure for placing a referral could result in:

• A delay in the payment of referral fees

• Possible forfeiture of referral fees

• Collection of incorrect fees

• Inability to collect a fee

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The following procedures have been established for Referral Associates when placing a referral:

 

The Referral Associate will gather information about the prospective buyer(s) or seller(s) that includes the following:

• Name

• Address

• Full address of the property to be sold

• Phone Numbers - Business, Home, Cell, Email Address

• Area of Preference

• Price Range

• Family/Children/Pets

• Reason for Move

• Timeframe for Move

• Relationship to the person being referred

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Submit a Referral Now and Start Earning!

 

 

Resources for YOU:

• If you were previously affiliated with a Berkshire Hathaway HomeServices PenFed Realty office, someone in that office will be contacting you to reconnect and to help you maximize your referral income.

• Periodically, we send out e-cards or electronic mailings that offer resources for finding new referrals, as well as other helpful information such as market updates, lead generation tips, or success stories.

• Enjoy a waived annual fee with just one settled referral in the previous fiscal year, rewarding your active participation.

• We will call you occasionally to connect and check in, addressing any questions or concerns you may have.

• We will encourage you to recruit your friends and family members to join either PenFed Realty Referral Company or Berkshire Hathaway HomeServices PenFed Realty. By doing so, you may earn bonuses when one of your referrals or transactions settles. Please inquire for details on bonus amounts.

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FAQ Section

 

WHAT IS A REFERRAL ASSOCIATE?

• A Referral Associate is an independent contractor licensed by the state who refers seller and buyer leads. Being an independent contractor means you have the flexibility to set your own hours and are responsible for your own taxes. They are required to sign an independent contractor agreement with PenFed Realty Referral Company, LLC.

 

CAN A REFERRAL ASSOCIATE LIST AND SELL PROPERTY?

• No, a Referral Associate may not list or sell the property. They are to refer leads to PenFed Realty Referral Company, LLC.

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WHAT IF THE REFERRAL ASSOCIATE WOULD LIKE TO REFER THEIR REFERRAL TO A SPECIFIC REFERRAL AGENT?

• The Referral Associate may request an agent to receive their referral. We prioritize your agent requests to ensure your referrals are handled by someone you trust. Every effort will be made to honor such a request.

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WHAT WILL THE AGENT OR OUTSIDE BROKER DO WITH THE REFERRAL ONCE RECEIVED?

• Contact the prospect promptly.

• Attempt to obtain the listing or a showing appointment, as applicable.

• Notify PenFed Realty Referral Company, LLC of results.

• Make frequent updates, including pending & closed details, to PenFed Realty Referral Company, LLC, and you will be updated throughout the transaction.

 

WHAT OTHER SERVICES MIGHT THE REFERRAL CLIENT BE OFFERED? 

• Depending on the location of the buyer or the seller, we may refer them to a title or mortgage affiliate after providing an affiliated business arrangement disclosure statement. This disclosure ensures transparency and informs the referrer of any potential relationships with other service providers.

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WHAT HAPPENS UPON RECEIPT OF A REFERRAL?

• PenFed Realty Referral Company, LLC will refer the prospect to either a Berkshire Hathaway HomeServices PenFed Realty Agent, an outside broker, or the requested agent’s broker.

• PenFed Realty Referral Company, LLC will notify the Referral Associate of placement via email within 24-48 hours.

• PenFed Realty Referral Company, LLC will diligently pursue the progress of the referral through updates and relay all information to the Referral Associate via email.

 

WHAT REASON MIGHT A REFERRAL BE REJECTED?​​

• Prior contact by the broker

• Prior referral of the individual(s)

• Any other reason as determined by PenFed Realty Referral Company, LLC at its sole discretion, but you will be contacted prior to any decision.

• PLEASE NOTE: If a referred party is associated with relocation assistance or a personal enrichment program that requires a referral fee, the referral may be rejected, and PenFed Realty Referral Company, LLC will not collect a fee. Additionally, the referral agent will not receive payment.

 

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