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Buying & Selling Property Buying and selling real estate property.

Kickback or Reward?

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Old Jan 24th, 2008, 02:13 PM     #1
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Join Date: Jan 2008
Location: South Africa
Posts: 3

Question Kickback or Reward?

I believe that it is illegal for a licensed real estate person or company in the US to pay a substantial reward or a referral fee (for a real estate lead obtained) to an unlicensed person. There is no such law in South Africa and it is not illegal to do same here.

I understand that should I (as a licensed real estate professional located and operating in South Africa) send a lead from South Africa (of a buyer or a seller in the US) to a licensed real estate professional in the US, same licensed real estate professional is allowed to pay me our pre-negotiated per centum of total commission after closing, since we are both licensed. Normal practice.

However, here is my question please: Am I allowed to AFTER I have received my remuneration in South Africa from my equal in the US (for the successful closing in the US), pay or give a substantial reward (from South Africa) to the unlicensed person in the US who initially (via a phone call) gave me the successful lead?

Can I proceed paying this unlicensed person in the US since I am from South Africa?
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