Hmm... I need to find out myself. I don't know what is the answer. I'll do some poking around and get back to you if I find an answer. You should email the people at 123 reg as they probably could answer your 123 reg question..
Try turnkeynation.com (no affiliation). Btw, does your real estate HostGator contain a dash? Just curious, because I own real-estate.pro and am not sure if it is worth developing. I will likely develop realty.pro instead...
Well they don't call it commission, but most brokers will pay you a referral fee for sending business their way. It is usually a flat fee (around $1,500), but you would never get a % of the commission...
Referral fees from Brokers, Realtors, Real Estate Agents are also not allowed..
The only one that could pay a referral fee is the actual Seller or Buyer..
The way most unlicensed companies make money doing this is charging the real estate agents to post their listings. The problem with this is there are so many free sites out there unless you can promise them a ton of traffic it's not worth paying to put the listings on the site. You can also create a lead generating site and sell each lead to a real estate agent..
Basically you are a promotional company you are not getting paid referral fees (it's illegal if you're unlicensed...let me clarify that it's illegal for the agent to pay you a referral fee, I think you can legally receive the payments), you are getting fees for the leads/promotions..
A way to legally get referral fees is of course getting your license in your state and charging a referral fee for leads that close as opposed to per lead given. Average referral fees run around 20-25% and can go higher from there without you having to do any work except provide the lead. No matter what state you're in you can refer anywhere and get paid the referral fee legally as long as you're licensed...
Thank you guys for the useful information, trully appreciate it..
The restrictions for who can get paid between principals, agents, and brokers falls under RESPA (Real Estate Settlement Procedures Act)..
More info about RESPA:.