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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Tie the referral fee to some other event!! Posted by Ward-CA- on September 09, 2003 at 7:37 AM In Reply to: HELP !!: Bird-dogging & RESPA Laws!! posted by RRE on September 09, 2003 at 6:47 AM : Question: : RESPA says you cannot be paid for a referral that gets funded via a loan if you did NOT originate the loan : A bird-dog brings referrals to an investor so they can buy the home (via a loan) and get's paid for it as a referral fee.... : HELP...IS THAT A VIOLATION OF RESPA?? =-=-=-=-=-=-=-=-=-=-=-= The solution is simple...don't tie the referral fee to getting a loan. Tie it to introducing a buyer and seller wherein an eventual sale results! Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Question: : : RESPA says you cannot be paid for a referral that gets funded via a loan if you did NOT originate the loan : : A bird-dog brings referrals to an investor so they can buy the home (via a loan) and get's paid for it as a referral fee.... : : HELP...IS THAT A VIOLATION OF RESPA?? : =-=-=-=-=-=-=-=-=-=-=-= : The solution is simple...don't tie the referral fee to getting a loan. Tie it to introducing a buyer and seller wherein an eventual sale results! Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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