William Feela, Realtor, Whispering Pines Realty 651-674-5999 No.  (WHISPERING PINES REALTY)

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Rainmaker
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

My backup is my husband, who is licensed, and who will step in when properties need to be shown. I can write offers and negotiate from anywhere. I don't  pay him anything. I just bring checks home. (By the way, what this tells you is that I don't take "real" vacations, per se.) Anytime I am going away for longer than 3 or 4 days, all my clients (best or not) are reminded of this well in advance and they've always worked around me.

Aug 07, 2016 09:31 PM
Ambassador
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Referral Fee. 

If the agent writes a contract, I take the referral fee.

If the agent just keeps the client alive until I return, they get the referral fee.

Aug 08, 2016 01:21 AM
Rainmaker
3,614,628
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Usually a 30% compensation however, one must remember what goes around comes around.  It needs to be in writing.  On the second part of the question it all depends

Aug 07, 2016 09:25 PM
Rainmaker
539,094
Greg Large
ERA Real Solutions - Grove City, OH
A Tradition of Trust

have an agent that we cover for each other, depending on activity, settle up when transaction closes much like Fred Griffin mentioned.

Aug 08, 2016 02:07 AM
Rainmaker
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Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Fred Griffin nailed this one...

Aug 08, 2016 08:32 PM
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

What Fred Griffin said.  Or whatever else might have been agreed to. 

Aug 08, 2016 09:09 AM
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Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

I can't imagine any of my clients having a Real Estate Emergency - certainly not one that cannot wait a few days. 

Aug 08, 2016 02:12 AM
Rainmaker
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Nothing is TOO good for anyone who protects my interests. We will explore the world of HAPPY in detail until it is so

Aug 07, 2016 11:59 PM
Rainmaker
709,884
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

I manage a team, so I always have someone available and we don't exchange fees based on reciprocity. But if I'm gone for a while, and the file ends up being 'entirely' managed by a team member, then it would be like a referral fee back to the originator. The answer would be more like... it depends. 

Aug 07, 2016 11:56 PM
Rainmaker
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Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

This is my actual agreement:
Gas gift card for a few houses no results, "a few" is an agreed upon number prior to starting. ($50-$100.00 typically).
5% for no results, but lots of touring.
25% for offer & opening escrow.
50% if they cover all inspections too.
So, it depends for me how much time they put in and keeping them happy to cover for me in the future. The value of not checking in while on vacation is priceless.

Aug 07, 2016 10:58 PM
Rainmaker
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

It should be agreed upon before asking them to take out your clients and specifyboth if they buy and if they do not. Usually if they dont buy its zero to a 1/4 if they do it is half. 

Aug 07, 2016 09:39 PM
Rainmaker
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Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Refer or work out an arrangement in advance. If nothing happens before you get back, maybe a nice dinner or gift card?

Aug 09, 2016 03:16 AM
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

William Feela - better to discuss this upfront.

And this compensation can be anything....

Aug 08, 2016 04:38 PM
Rainmaker
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Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

I would say they would owe you a referral fee, what ever is fair and reasonable in your market.

Second answer, I would probably pay them the same fee.  They did jump in while you were away.

Aug 08, 2016 01:49 PM
Rainmaker
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Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

My team handles transactions and clients for one another if anyone is out.  Favor in and favor out...keeps things running smoothly

Aug 08, 2016 12:33 PM
Rainmaker
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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

25%

Aug 08, 2016 11:23 AM
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

In my office we work to help each other out. I have spent a lot of time with buyers working with another agent in my office. I haven't been compensated, but the same happens to me when I need someone to cover me. 

Aug 08, 2016 10:37 AM
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Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

I actually have two agents locally that help me, and I help them, with no fee whatsoever.  It's the old, "I'll scratch your back, if you scratch mine," method and works beautifully.

Aug 08, 2016 09:47 AM
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

It depends on how much time and how many houses and days they worked together. We might just do a 50/50 when I return and I take over or I might back out and take a referral if they want to continue to the finish line.

Aug 08, 2016 08:38 AM
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Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I called an agent for help from Hawaii, he did a great job, and when I asked him wanted in compensation; he told me he wanted to bags of Macadamia Nuts. He got that and a dinner out for two! 

Aug 08, 2016 08:25 AM
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Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi William - Our mutually acceptable deal with our regular backup - who we cover as well when she goes on vacation - is that we don't pay each other - but we do usually bring back really nice presents from our trips.

Aug 08, 2016 07:35 AM
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Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

It depends - sounds like I'd take over when I got back and we would split it.  

Aug 08, 2016 07:29 AM
Rainmaker
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Halve the commission.

Aug 08, 2016 07:07 AM
Rainmaker
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Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

We would give them the client and take a referral with the selling agent taking the lion's share. If they do not sell the client, we still will compensate them for their effort depending on the time spent. 25% down

Aug 08, 2016 06:21 AM
Rainmaker
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Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

If they've already seen the house, I can do the paperwork remotely.  Worst case, I'll get my broker to help out.

Aug 08, 2016 04:56 AM
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Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Share the commission, and if they dont succeed then it is like any other deal that falls through.

Aug 08, 2016 04:54 AM
Rainmaker
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Give a referral fee .

Aug 08, 2016 03:15 AM
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I would offer a referral fee

Aug 08, 2016 03:07 AM
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Allie Angeloni
Long Realty - Oro Valley, AZ

They would get a 25% Referral Fee when the deal is put together, and if it is not a sale or purchase, though time was still spent, they would be getting a Gift Card, or something comparable, as I view each situation on it's own merit William Feela.  And in alot of situations here, when agents fill-in for other agents, there is not even a Gift Card or Note, because the filling-in is reciprocal, and sometimes there is not alot required.   

Aug 08, 2016 02:25 AM
Ambassador
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Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Perahps you split the deal 50-50 since it was an easy deal

Aug 08, 2016 12:25 AM
Rainmaker
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Sandy Williams
eXp Realty, sandy@sandywilliams.com - Sarasota, FL

I pay a referral fee.  

Aug 07, 2016 11:42 PM
Rainmaker
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Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

William Feela If a deal is put together, I would take a referral fee. If they didn't purchase anything while I was away, I would give the agent a referral fee. Details of the agreement worked out ahead of time.

Aug 07, 2016 11:30 PM
Rainmaker
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Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Probably 100% to that agent. I will not bother as a referral agent. Not worth my time.

 

Aug 07, 2016 11:28 PM
Rainer
231,919
Jessie Cochran
Counts Real Estate Group, Inc. - Panama City, FL
Panama City Realty Group

Depends - but our team works together and does it gratis since we all need time off sometime

Aug 07, 2016 11:13 PM
Rainmaker
443,970
Dianne Goode
Raleigh Cary Realty - Raleigh, NC
Realtor/Broker

Always discuss this with your "sub" ahead of time!  I pay $25/hr for agent help, $50 minimum per outing, and $250 to write up an offer.  

Aug 07, 2016 11:07 PM
Ambassador
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Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

I would handle it like Ken Jones and have in the past. 

Aug 07, 2016 10:59 PM
Rainmaker
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Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Depends - if they're on my team they do it for free as we all back each other up, if it's not my team I offer them a referral

Aug 07, 2016 10:54 PM
Rainmaker
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Richard Weeks
Dallas, TX
REALTOR®, Broker

25- 30% would be fair.

Aug 07, 2016 10:40 PM
Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Easy one for me today. Refer to Ken Jones' answer!

Aug 07, 2016 10:26 PM
Rainmaker
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Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

a referral fee when you DO close them, if they don't close them!!

Aug 07, 2016 10:20 PM
Rainmaker
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Donald Urschalitz
Lubeck Realty Group - Jupiter, FL
P.A. Realtor ABR RSPS North Palm Beach County

I work with a Team our policy is 50% commission for 50% of the work.

Aug 07, 2016 10:12 PM
Rainmaker
846,590
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

It depends. Maybe $50.00 per hour if they don't find them a property while I'm gone. If they do find them a property, 25% referral fee.

Aug 07, 2016 10:07 PM
Rainmaker
795,232
Susan Laxson CRS
Premier Sotheby's International Realty - Naples, FL
The Michelle Thomas Team

I have associates/friends and we help each other when we are out of town and split 50/50 the transactions.

Aug 07, 2016 10:04 PM
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You should have worked out an arrangement before going on vacation.

Aug 07, 2016 10:00 PM
Rainmaker
846,325
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Scenario #1-split the commission.

Scenario #2-the other agent saw some new properties gained some kind of experience possible. Once I am back and I sell "said" best client something I would take other agent to lunch to show appreciation. That's it.

Aug 07, 2016 09:56 PM
Rainmaker
1,399,033
Raymond E. Camp
Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

I have an agent that we work back and fourh to take care of clients; generally the referer gets 25%.

Aug 07, 2016 09:50 PM
Rainmaker
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Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

This should be discussed in advance, agreed by both parties and then put it in writing.  

Aug 07, 2016 09:48 PM
Rainmaker
1,717,404
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

Would have made that arrangement before vacation. Our brokerage now enforces all these in writing between the agents.

I would say 50/50 or a referral depending on the time.

Aug 07, 2016 09:47 PM
Rainmaker
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Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

We had a saying at our office - It's worth a heck of a lot more than just a box of salt Water Taffy !!!

Aug 07, 2016 09:40 PM