Spam prevention
Rainmaker
4,334,938
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

This is one I've not heard of... but new ones seem to be springing up all the time... hard to keep up. But I wouldn't pay any money in advance to any such exchange.

Nov 19, 2015 09:28 PM
Rainmaker
530,685
Gary Coles (International Referrals)
Venture Realty International - Las Vegas, NV
Latin America Real Estate

I have not heard of them but I am always cautious about paying for leads.

Nov 19, 2015 01:47 AM
Rainmaker
5,164,577
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I think that was the name of the company that has called in the last few days too.  I do not buy leads, told them that, and hung up.

Nov 19, 2015 12:21 AM
Rainmaker
1,172,389
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe
Nov 18, 2015 11:58 PM
Rainmaker
4,212,846
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Driscoll -- no experience with them positive or negative.  

I'm sensing it's a fee based lead generation system.  If so, I'd stay away.  

Nov 18, 2015 11:50 PM
Rainmaker
2,488,872
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Driscoll. Never heard of them, my sense a lead company, but since I never buy any, it wouldn't matter, it wouldn't be a long conversation.

Nov 19, 2015 05:53 PM
Rainmaker
5,764,585
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Driscoll,

I have heard of them, and the feedback has been negative.  A

Nov 19, 2015 08:08 AM
Ambassador
4,315,625
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Driscoll Bowman if I can relate a recent call from someone with similar name, I think, YES.

They wanted me to pay $595 upfront and I'll still have to pay 25% of referral fees  to them if the transaction is closed.

Why should I pay $595 anyways?

Nov 19, 2015 05:24 AM
Ambassador
5,613,307
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Have not heard of them.

Referral in exchange for what?  other referrals, cash, time?

Nov 19, 2015 05:09 AM
Rainmaker
1,235,859
Joyce Marsh
Joyce Marsh Real Estate LLC - Daytona Beach, FL
Joyce Marsh Real Estate LLC - Coast & Luxury

I think there is enough info posted here to proceed with caution 

Nov 19, 2015 03:17 AM
Rainmaker
4,799,651
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

They offer referrals to two or three agents in an area and you pay them a 25% referral fee if you close.  Better than buying leads, but the leads can be difficult to work with.

Nov 19, 2015 02:40 AM
Rainer
150,216
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

No experience for them, but if it cost a dime before you get a lead, and you get to close, then I would steer clear. 

Nov 19, 2015 02:36 AM
Rainmaker
908,513
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Wait a minute.

ActiveRain has SIX reports listed on Ripoff Report the source cited by Sam Shueh 

Referral Exchange Network has only two on Ripoff Report.

Exercise great caution before thinking what you found on the Internet is factual.

At this time I have no knowledge of Referral Exchange. By this evening, that will change.

Nov 19, 2015 12:23 AM
Rainmaker
1,659,405
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West - Carlsbad, CA
Presence, Persistence & Perseverance

I think our friend Sam Shueh filled you in. Too many scammers even in this business preying on us.

Nov 19, 2015 12:06 AM
Rainmaker
31,447
Kelly Groth
Keller Williams Realty - Loomis, CA

It's $995 one time set up. If it worked, it would be well worth it. I have too many leads (mostly vague ones) coming from my FB ads. If they would scrub them and hand back to me the ones that wanted to buy/sell, I'd pay a 25% fee all day long. I would appreciate ANY feedback from agents who have actually used, still using, or stopped using this services...... and their opinions.

Thanks, Kelly Groth

Broker Associate 

Kelly Williams Roseville CA

916-316-4000

Oct 02, 2017 04:06 PM
Rainer
1,115
cory ward
CB - Alameda, CA
Buyers/listings

Before you do anything you should always gain info and ask questions. I do know that they dont sell leads and work agent to agent referrals for a 25% referral fee at the close.

Sep 08, 2017 07:58 AM
Rainmaker
93,327
ReferralExchange .
ReferralExchange - San Francisco, CA
Lead qualification and nationwide referral network

Hi everyone,  

Just thought I'd give a bit of expanaction as to how ReferralExchange works since there seems to be some confusion in the responses below.  

- The 1x setup fee is for the Submit Feature.  You submit any lead or referral you can't work for any reason.  ReferralExchange contacts every referral to verify interest and, if there is, matches the referral with the 3 best agents from our nationwide network of 22,000 agents.  We also continue to follow-up with the receiving agent and the lead to ensure that the process is going smoothly.  When the deal closes, the submitting agent receives up to a 25% referral fee.  

This is a great service to use if you have a significant number of out-of-area referrals, referrals that you're not working, or too many leads to follow-up on.  You can be as involved or univolved in the process as you choose to be, and we always say that we're calling on behalf of you.  

Only members of the network can receive these referrals and we have carefully built the network over the last 12 years.  Active CRS designees are eligible to receive referrals from us, as are agents we have personally recruited into the network.  Submit-only agents are also eligible to receive referrals once they have closed their first deal.  Receiving agents pay up to a 35% referral fee, depending on the referral.  

FYI, the "Ripoff Report" complaint mentioned in one of the responses is not "this" ReferralExchange -- it is for a defunct company that offered a completely different service.

Hope that helps!

Jul 18, 2017 03:16 PM
Rainmaker
2,007,235
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Isn't it sad that we are such a big target for scams and people to take our money? 

Nov 20, 2015 09:41 PM
Ambassador
3,724,022
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Haven't heard of them.  There are so many popping up every day that it's hard to keep track of them all.  

Nov 20, 2015 12:36 AM
Rainmaker
3,070,584
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

No.  If they have their hand out - run!  If they have a genuine referral, with referral fee paid only at closing - perhaps look more closely.

Nov 19, 2015 10:41 PM
Rainmaker
4,433,809
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for the question. I will learn from the answers.

Nov 19, 2015 09:49 PM
Rainmaker
2,759,637
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good Friday morning. I have never heard of it.

Nov 19, 2015 05:17 PM
Rainmaker
3,610,258
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Driscoll, Referral Exchange contacted in few occasions, but did not signed up.

Nov 19, 2015 01:07 PM
Rainmaker
912,465
Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Driscoll - I have heard of them, but I would be very cautious and ask a lot of questions. Make sure you know what you are getting into.

I personally have never paid for leads.

Nov 19, 2015 10:36 AM
Rainmaker
2,224,167
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I don't have any experience with any company selling leads. I just don't pay for leads. I hope you find the information you need. 

Nov 19, 2015 08:10 AM
Rainmaker
586,107
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Sounds like the one that called me, said they were out of San Francisco. They called their leads "referrals" and wanted 25% of the commission. I said "no thank you.

Nov 19, 2015 05:17 AM
Rainer
90,555
Val Evans
Scottsdale, AZ

I believe they are an advertiser on this site. I checked them out awhile back. You have to cough up $495 or thereabouts upfront before you receive any referrals.

Nov 19, 2015 03:57 AM
Rainmaker
1,157,535
FN LN
Toronto, ON

I am not familiar with this group.

Nov 19, 2015 12:20 AM
Rainmaker
4,223,498
Richard Weeks
Dallas, TX
REALTOR®, Broker

Never heard of Referral Exchange.  Hope you get some good answers here.

Nov 19, 2015 12:02 AM