Referral Fee
December 12, 2013 | | Kris Tabetando | 0 Comment
In a website sale, a referral fee or finder’s fee is a fee paid to a third-party that played a role in enabling the buyer and seller to close the sale. The finder may have simply introduced the buyer to the seller.
A referral agreement could be a simple verbal agreement or a more complex legal contract signed by both parties. It could be a fixed fee or a percentage of the financial value of the transaction. This fee can be paid by the website buyer or seller or even by the professional broker handling the sale.