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Realtor Royalty Referral Program Terms
By submitting a referral to Fort Knox Property Management, the referring agent and brokerage acknowledge and agree to the following:
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Referral compensation is paid to the referring brokerage, not directly to the individual agent.
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$300 Property Management Referral Fee is per property, not per unit.
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A property that is later converted, divided, or reconfigured into multiple rental units is still considered one referred property for referral-fee purposes.
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No additional referral fee is earned simply because additional units are created at the same property.
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Referral compensation is only earned after:
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FKPM accepts the referral,
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the owner signs a management agreement,
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the property becomes occupied by a paying resident, and
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FKPM receives its first earned leasing or management compensation.
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No referral fee is earned while the property remains vacant.
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Referrals must be for new prospective clients not already known to, managed by, or actively being pursued by FKPM.
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If multiple agents submit the same owner or property, the first referral accepted by FKPM will control.
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Submission of a name or contact information alone does not guarantee referral compensation. FKPM must accept the referral.
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Referral compensation does not automatically entitle the referring agent to any separate FKPM onboarding, administrative, unit-readiness, leasing, monthly portfolio, bonus, or contractor compensation.
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Any separate FKPM compensation must be earned under a separate written agreement for services actually performed.
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Website videos, advertisements, and promotional materials are summaries of the program. The written Referral Program Agreement and individual referral confirmation govern the final terms.
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FKPM reserves the right to reject a referral before written acceptance.
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All referral compensation is subject to applicable real estate licensing laws and required brokerage disclosures.