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Agent To Agent Referral Form

Agent To Agent Referral Form Template for New Zealand

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Key Requirements PROMPT example:

Agent To Agent Referral Form

"I need an Agent to Agent Referral Form for referring luxury residential properties in Auckland to a specialist agent, with a 25% referral fee structure and specific provisions for international client handling."

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Document background
The Agent To Agent Referral Form is a crucial document in New Zealand's real estate industry, designed to facilitate and formalize referral arrangements between licensed real estate professionals. This document is typically used when one agent refers a client to another agent, either due to geographic limitations, specialization requirements, or other practical considerations. The form encompasses essential elements required by New Zealand law, including compliance with the Real Estate Agents Act 2008, Privacy Act 2020, and relevant professional conduct rules. It outlines commission-sharing arrangements, professional responsibilities, confidentiality obligations, and client care requirements. The document serves as a protective measure for all parties involved and helps maintain professional standards in the industry.
Suggested Sections

1. Parties: Identification of the referring agent and receiving agent, including their license numbers and agency affiliations

2. Background: Brief context explaining the purpose of the referral arrangement and the professional relationship between the agents

3. Definitions: Key terms used in the agreement, including 'Referral', 'Client', 'Commission', and 'Successful Transaction'

4. Referral Details: Specific information about the referred client and their requirements, including property type and preferences

5. Referral Fee Structure: Clear outline of the agreed referral fee or commission split arrangement, including payment terms and conditions

6. Obligations and Responsibilities: Duties of both agents regarding client care, communication, and professional conduct

7. Term and Termination: Duration of the referral arrangement and conditions for termination

8. Confidentiality: Requirements for handling client information and maintaining confidentiality

9. Execution: Signature blocks for both agents and dating of the agreement

Optional Sections

1. Non-Compete Clause: Optional clause preventing agents from directly soliciting each other's clients, used when there's potential for competition in the same market

2. Dispute ReºìÐÓÖ±²¥: Specific procedures for resolving disagreements, recommended for high-value or complex referral arrangements

3. Insurance and Liability: Additional provisions regarding professional indemnity insurance and liability allocation, useful for high-risk transactions

4. Multiple Transaction Provisions: Terms governing ongoing referral relationships, used when expecting multiple referrals over time

5. International Considerations: Additional terms for cross-border referrals, including currency and jurisdiction specifications

Suggested Schedules

1. Schedule 1: Client Information Form: Detailed client information including contact details, requirements, and consent for information sharing

2. Schedule 2: Commission Calculation Examples: Examples illustrating how referral fees will be calculated in different scenarios

3. Schedule 3: Required Disclosures: Standard disclosures required under New Zealand real estate regulations

4. Appendix A: Privacy Policy: Detailed privacy and data protection procedures for handling client information

5. Appendix B: Agency Verification: Copies of current real estate licenses and agency certifications

Authors

Alex Denne

Head of Growth (Open Source Law) @ ºìÐÓÖ±²¥ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions

























Clauses

























Relevant Industries

Residential Real Estate

Commercial Real Estate

Industrial Real Estate

Retail Real Estate

Luxury Real Estate

Rural Real Estate

Property Management

Relevant Teams

Sales

Residential Property

Commercial Property

Legal & Compliance

Operations

Administration

Business Development

Client Relations

Property Management

Executive Leadership

Relevant Roles

Real Estate Agent

Licensed Real Estate Salesperson

Property Manager

Real Estate Branch Manager

Sales Director

Managing Director

Compliance Officer

Real Estate Agency Owner

Business Development Manager

Regional Sales Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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