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Val Evans

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Ambassador
1,453,069
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

I give and receive referrals all the time and I've found that my buyers from the US are quite surprised at how straight forward our system is.  Rarely are there required appraisals, surveys are not required but they are appreciated, and lawyers are required by both parties to close the transaction.     My Canadian buyers purchasing in the US are shocked at the amount of details required.

AND, yes we abide by the same Code of Ethics

Nov 10, 2015 04:55 AM
Rainer
417,221
Caroline Gerardo
Licensed in 20 states - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

I do a great deal of mortgages on purchases here with Canadians. Their monetary system is similar with checking and savings but they get a mortgage like it was here prior to 2007 (easy). Couple commons threads I see: Canadians don't like to give up the mountain of paperwork required to get a loan in the US (who does?). Canadians must be notarized by a US notary and that requires either flying to the US to sign,  making an appointment at a US embassy and waiting in line, or finding an American notary with US book and jurat... They can wire funds to a US escrow - they go to their bank a convert the funds to US dollars and wire. They can open US checking accounts with an ITIN number  (The IRS issues ITIN numbers to them with about  2 week  turn time. Their court system is different than our real estate law. Canadians have a fear of US court systems and think we are  all suing each other. There are a number of Northern neighbor gurus who sell classes , books, seminars on how to get rich buying US investment properties - some  are awful. // US resident buying in Canada (I've bought once) -  abide  by their system. Canada is  user friendly

Nov 10, 2015 03:16 AM
Rainmaker
1,598,452
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Great question and answers.

Nov 04, 2019 07:15 PM
Ambassador
6,393,609
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Sometimes referrals are about finding a good agent rather than just selling a lead.

Feb 02, 2019 11:06 PM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I never had a chance, but I'm curious how do you actually handle referral fees. Any different than inside States? 

Nov 10, 2015 04:09 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I haven't had the opportunity to do a referral with anyone from Canada yet. I look forward to having that opportunity someday. 

Nov 10, 2015 01:07 PM
Ambassador
3,164,294
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I had one set of buyers from Canada, but they were not selling their home there. So I never had the occassion.

Nov 10, 2015 12:10 PM
Rainmaker
2,363,318
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

If anyone needs a realtor in the DC metro area - I volunteer to be that person! 

Nov 10, 2015 09:50 AM
Rainmaker
979,496
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Val - This is a really good question, since we seem to get lots of Canadians buying second homes here. However, I have never given or received a Canadian referral, so I would rely on my broker for the correct answer.

Nov 10, 2015 08:42 AM
Rainmaker
7,836,431
Roy Kelley
Retired - Gaithersburg, MD

I have never received referrals from our Canadian friends and I have never sent any referrals to them.

Nov 10, 2015 06:22 AM
Rainmaker
292,685
Jack Lewitz
Exit Strategy Realty - Evanston, IL

Val. Real Estate agents can refer buyers and sellers but from what I see is you are not licensed so you are able to give referrals but are not allowed to receive any compensation in terms of a commission.

Nov 10, 2015 04:23 AM
Rainmaker
1,525,616
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

I would defer to my broker/manager with that question.

Nov 10, 2015 04:02 AM
Rainmaker
4,272,548
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I have only had one and it went as promised, easy...

Nov 10, 2015 04:01 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes, have done it both ways without any issues.  Handled the same way as with any referrals in the states.

Nov 10, 2015 03:06 AM