Optima One Agent Referral Program

What is commission split?

The commission split is simple. 90% of the referral commission is paid to you and 10% is paid to us. For example, if you earn a $1,000 referral commission, you receive a $900 payment. 
 

The referred agent, not you, is required to pay a 5% fee to Optima One Realty Commercial & Development Inc, as described in Optima-Referrals Program below. 
 

Can I perform real estate activities like selling or working with buyers?

No, you cannot perform real estate activities at Optima One Realty Commercial & Development, Inc. This includes advertising, negotiating, showing properties, listing homes, leasing property, managing property, and all other types of real estate activities. But truly, that’s what is so great about it. By just referring prospective buyers and sellers, you can earn significant referral fees with almost no effort.

How is the Optima Referral agent chosen?

When you sign up, you have the option of choosing a “Designated Agent” at Optima One Realty, Inc that will be the preferred agent to handle all of your customer referrals. If you do not choose at Designated Agent or if the Designated Agent does not work in the area needed by your Referral, we will help connect you with the best agent through a process called Optima-Referrals Program as described below. You can always recommend a Sales Agent, but we have the ultimate decision on which sales agent gets the Referral through Optima-Referrals Program.

What is Optima-Referrals Program?

Optima-Referrals Program is a program where we help connect you with the best agent for the needs of your Referral within the Optima One Realty or Optima One Realty Commercial & Developments division. We will handle the written referral agreements, interview potential sales agents if necessary, and manage the referral process for you. 
 

Every Referral Agent Matching requires 5% of the gross commission to be paid to us by the referred agent, not you. For example, if you are requesting a 25% referral fee from the referred agent, then the referred agent shall pay an additional 5% for the Optima-Referrals Program matching, but you will still receive the requested 25% referral. 
 

•  If the needs of your referral are within the state of Florida, we will try to assign a Optima One Realty or Optima One Realty Commercial & Developments agent that specializes in the area. 

• If the needs of your referral are outside of Florida or in an area Optima One Realty does not service, we will then 1) Connect you with a referred agent already established in our referral agent network for your the needs of your Referral or 2) Interview up to three other sales agents that match the needs of your Referral and recommend options to you, although we ultimately can choose the Sales Agent.

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When and how do I get paid?
Once we receive the commission check and all documents, we will immediately begin the process of disbursing your commission. On your first commission payout, we will request your W9 form (must match exact name as your license with DBPR) and bank account information for ACH (direct deposit) payments. ACH payments can take up to 3 business days. After your first payment, we will release your funds in the same manner without delay. Please note we can only send funds to the exact name as your license with the DBPR.
 

Can I send referrals outside of Florida?

Yes. You can receive referral commissions from a real estate company in any state in the United States, and even in other countries where it’s legal in that country to send referral fees back to you. 
 

How much of a referral fee can I request?

Referral fees are negotiable and typically range between 20-30% of the gross commission received by the Sales Agent you refer the customer to. To protect you, our policy is that you cannot receive less than 15% commission but also not receive more than 35% which is unusually high and may give the impression you performed real estate activities in the transaction. 
 

How do I submit my Referrals to Optima One?

Once you create your account, you will have access to a form to submit your Referrals. Once you submit the Referrals, we will handle the process of Referral Matching to connect you with the best Sales Agent

What to do when purchasing or selling my own property?

For properties owned by you, you can sell, lease or manage them as an owner. You do not need to process the transaction through Optima-Referrals Program if you are not receiving a referral commission. You should contribute any commission toward closing costs which, is not taxable income like a referral commission. Contact your tax professional for all tax advice. 
 

Can I refer rentals (landlords and tenants)?

Technically, you can refer landlords and tenants. Unfortunately, rental commissions are very small and it is often cost prohibitive to send referral commissions. For that reason, we may not be able to connect you with an agent and we cannot guarantee a referral commission.
 

What if I want to become a REALTOR again?

If you want to become a REALTOR again, you first should cancel your membership from our referral program by contacting referrals@optimaonerealty.com to stop your payments. You are welcome to move your license to any real estate company at any time and you do not need to give notice other than cancelling your membership with us. If you want to discuss joining Optima One Realty, Inc or Optima One Realty Commercial & Developments, Inc as an agent, email info@optimaonerealty.com.