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How much are other teams paying for referral fees? 🤔 #realestateteam #marketing

Name: How much are other teams paying for referral fees? 🤔 #realestateteam #marketing
Uploaded: 2024-12-22T23:02:12+00:00
Duration: 5 s
Channel: Real Estate Team OS
Description: Short YouTube clip from Real Estate Team OS presenting new data on referral fee percentages by team size. The speaker reports that small teams report…

22 Dec 2024 · 0 min

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Short YouTube clip from Real Estate Team OS presenting new data on referral fee percentages by team size. The speaker reports that small teams report paying less than 25% for referral fees about twice as often as larger teams, while larger teams report paying more than 35% about three times as often as smaller teams; overall larger teams spend more on referrals (percentage basis). The clip ends with a call-to-action to view episode 48 with Andrew Flackner for the full team report.

What percentage are teams of different sizes paying for their referrals? Here's new data.
The smaller team paying less on a cost per lead basis. The same thing goes for referral fees. Small teams said they spend less than 25% on a referral fee twice as often as the larger teams. And larger teams said that they pay more than 35% three times as often as the smaller teams. So the larger teams are spending more on a percentage basis for referrals.
Get benchmarks for your team. Get insights about your peers and competitors. Check out episode 48 with Andrew Flackner as we dive into the team's report on real estate. Team OS.