Referral


Definition of "Referral"

Recommending the use of another person or business. An example is an attorney referring a client to a CPA to handle tax planning for real estate transactions.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Cistern

Barrel, reservoir, or tank for storing rain runoff. ...

Wrap-Around Mortgage

A mortgage loan transaction in which the lender assumes responsibility for an existing mortgage. ...

Marine Insurance

Coverage for goods in transit and the vehicles of transportation on waterways, land, and air. ...

Break-even

(1) Occupancy rate at which rental income of a property pays for operating expenses and debt service ...

Option Listing Agreement

A bilateral contract where an optionor gives an option to the optionee for the right, but not the ob ...

Cash Accumulation Method

Procedure used to compare the costs of life insurance policies by having equal death benefits of the ...

Related Real Estate FAQ

What Do I Need To Know About Pet Insurance?

If you own a pet, i\'m sure you\'ve been in a situation where the vet bills have been much higher th ...

What Is A Down Payment?

A down payment is the money you pay up front for the purchase of a home. ...

What Is A Title?

A title is the right of property ownership. ...

What Is An Escrow Officer?

An escrow officer - also known as a loan officer - is the person that walks you through the closing ...

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and ...

What Is A Subdivision?

A subdivision is a piece of land divided into several plots in which homes are built. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Why Use a Real Estate Agent? Short Sale Homes Foreclosure - The Pros and Cons of Buying 3 tips to ensure your sale goes through 7 Tips for a First Time Homebuyer

FAQ

What is a fixed-rate mortgage? What is a title? What are closing costs? I looked at a property yesterday with a REALTOR® who seems to be clueless. I am really interested in purchasing the property, though. Can I switch agents and still make the purchase? What does Fannie Mae mean?