The referral network connects you with professional real estate brokerages nationwide. A contact might want to buy a property listed on your website and also indicate that they want to sell a house. If your brokerage serves the zip code for the sale, Market Leader marks the contact as a listing opportunity. If your brokerage does not serve the area of the sale, Market Leader automatically refers the contact to another brokerage within the network that serves the zip code of the sale. The system assigns referrals based on the zip codes you enter in Communities Served of the Website view.
When a contact registers with another brokerage in the referral network, and wants to sell a home in your area, the contact appears on the Incoming Referral list. As soon as possible, review the referral terms. If you agree to the terms, assign an agent and accept the contact.
When a contact wants to sell a home outside of your area, the system refers the contact to other real estate brokers who serve the area of the sale. If a broker agrees to referral terms and accepts a referral, they agree to pay a referral commission when the sale closes.
For each outgoing referral, the Outgoing Referrals view displays the following information.