Brokers: Do you pay a referral fee?

If I were to send you business, and the lead buys, would you pay a referral fee? If so, what is that amount typically?

If the lead pans out, sure.

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Likewise, no jacks, they actually buy something, I’d be more than happy to discount your next fee, or venmo you.

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Yes, why not - $50-100

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I feel like that’s not out of the question.

I don’t know, my dealership pays $200 per referral, but I’ve heard other dealerships don’t. But for brokers, sure, why not?

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Yes I would do that

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Did someone say jacks?

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Yeah I have a thing against jacks, I was crushed by a Harbor freight jack a while ago, been traumatized since.

I was thinkin’ maybe a grand or two would be better !

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My favorite is when a broker calls and wants us to pay them a few hundred for a referral plus we have to whore out the car. Gonna pass on that offer.

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