Rental Referral Policy

Mark-It Properties honors the relationship between the referring Realtor and Owner. The name of the referring Realtor is placed on the monthly accounting statement to the owner to keep the name of the referring Realtor in front of the owner. When the terms of our property management services end, the referring Realtor is notified so the referring Realtor may contact the owner for any additional real estate services. We will not attempt to provide any additional real estate services to the owner other than property management services without permission from the referring Realtor. We back-up our policy in writing with a written agreement that we provide to the referring realtor.

Rental Referral Fee

Realtors who provide a Rental Referral for our Property Management Service will be paid a Rental Referral Fee of 50% of our Finders/Leasing Fee (generally, 20% of the FMR). Realtors who provide a Rental Referral for our Tenant Procurement and Leasing Only Service will be paid a Rental Referral Fee of 25% of our Finders/Leasing Fee (generally, 10% of the FMR). The Rental Referral Fee will be paid when the referred rental is rented and we receive the first month's rent.