whether or not the intermediary has a real estate license affects which type of fee they can charge. a finder’s fee is the commission a person receives after a buyer purchases property through a licensed real estate broker. while there is no set percentage, the average finder’s fee for real estate commonly ranges from 5% to 35% of the seller’s commission. a referral fee is a payment a real estate referral agent receives after connecting a potential buyer with a broker or agency. referral fees occur when two licensed real estate professionals make a written agreement before a sale. if you have a real estate license and are interested in pursuing a career as a referral agent, consider contacting your local real estate agency for more information about their average referral fee percentages.

finders’ fees can have a few meanings in real estate, but generally the term refers to the chunk of change a “middleman” in your deal can take. it’s a type of commission paid to a middleman of some kind for brokering your real estate transaction. real estate agents are the big gatekeepers to the world of finders’ fees. if you don’t yet believe in yourself, it’s a good investing psychology practice to learn to believe in your abilities and brain first.