In today’s fast-paced real estate investing world, clients are often interested in purchasing property in areas that they aren’t familiar with; for example, a second home in a beach town or near a ski resort. The client wants to buy property, but also wants to make sure they are connected to the right agent to help them with the purchase. This is a case where a real estate referral agent can be helpful to the client.
A second situation where a referral agent might be helpful is for new buyers who have not bought property before and therefore are not already connected with a real estate agent in their area.
Finally, a client may have a family member who is a real estate agent, but that real estate agent does not want to conduct business on the client’s behalf for conflict of interest reasons. The client then may have their family member refer them to another agent.