Referral Agreement Template

A loyal following of clients gives you authority and a level of trust often envied by others. When your clients trust you, they trust your recommendations and leveraging this resource is an excellent way to supplement your bottom line and add value to your business.

Understandably, after nurturing your client relationships you would not want a referral to undo all your good work and damage your reputation, which is why it is crucial to set down the terms of your arrangement in writing.

Whether you are providing leads by referring clients to a favoured business or you rely on introductions from others, a referrer fee agreement acts as the definitive guide, providing essential structure and boundaries for your referral relationship.

A robust referrers agreement will cover issues like;

• How will the referral fee be calculated?  Will it be a set fee per client referred?  Or will it be a percentage of the fees billed to the client?  There are many ways that a referral fee can be worked;
• The logistics of accounting to and remunerating the referring party.  How and when will the referral fees be calculated and paid;
• Setting and maintaining quality performance standards to ensure that your clients are receiving a high quality service.
• Putting certain boundaries and restraints in place.  For example, you may wish to specify that the service provider does not perform any of the services that you provide in respect of your referred clients.
• Ensuring compliance with applicable laws which may apply, such as the National Credit Act and ASIC’s regulatory guides;
• Ensuring confidential information and intellectual property are protected;
• Exit clause (termination of the Agreement) – Things don’t always go to plan, and you need to establish up-front how the Agreement be ended if things don’t work out as you hoped for.

Our Referral Agreement template covers all these important areas and has the flexibility to adapt to your needs.

It comes to you as a hassle-free, easy to edit word document that you can use again and again. Drafted by Australian legal professions it will provide solid legal protection at a fraction of the price.

In fact this Kit includes two versions of the Referral Agreement Template

• One has been drafted from the perspective of the person who is providing a Product or Service and engaging a lead generator.
• The other is drafted from the perspective of the person who will be generating leads or referrals for the company who are providing the product or service.

These two documents will work well in any of the real estate, finance or insurance fields as well as many others.

Referrer Agreement Sample Images

Note: the sample reflects Version 2 where the service provider is dictating the terms to the referrer.

There are a countless number of businesses and professions that use referrals to generate additional business and to grow their client base.

Types of businesses that find this referral agreement template most suitable include;

• Real Estate agents who often need a real estate referral agreement between themselves and a favourite mortgage broker.
• Mortgage brokers may use a brokers referral agreement with a respected financial planner and
• financial planners often use a finders fee agreement or similar with a sales agent.

Other popular applications for these two documents include providing a starting point for an insurance brokers referral agreement, introducer agreement, accountants referral fee agreement, or medical referral agreement.

Referral Agreement Sample – Video

*article: Get More referrals by asking