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Terms and Conditions for Real Estate Agents

Please review these terms carefully before proceeding with your application.

Last Updated: January 15, 2024

Important Notice

By proceeding with your application, you agree to be bound by these terms and conditions. Please read them carefully and contact us if you have any questions.

1. Platform Usage Agreement

By joining Referral Bridge LLC as a real estate agent, you agree to use our platform exclusively for legitimate business purposes in accordance with all applicable federal, state, and local laws, as well as real estate licensing and ethical standards.

You acknowledge that Referral Bridge LLC operates as a platform that connects real estate agents with qualified mortgage brokers to provide better service to mutual clients.

2. Client Matching System

2.1 Client Form Distribution

As a real estate agent member, you may send client matching forms to your clients to help them find suitable mortgage brokers. These forms are designed to match clients with the most appropriate mortgage professionals based on their needs.

2.2 Client Privacy

You agree to only send client matching forms to clients who have provided explicit consent. You must respect client privacy and only share client information through our secure platform systems.

2.3 Matching Process

Clients who complete the matching form will receive information about up to three matched mortgage brokers. You acknowledge that the matching is based on objective criteria and algorithm-based recommendations.

3. Licensing and Compliance

3.1 License Requirements

You represent and warrant that you maintain a valid and current real estate license in the state(s) where you conduct business, and that all information provided in your application is accurate and up-to-date.

3.2 License Maintenance

You are solely responsible for:

  • Maintaining and renewing your real estate license
  • Completing required continuing education
  • Staying current with all state and local regulations
  • Complying with your broker's policies and procedures

Referral Bridge LLC is not responsible for any consequences arising from expired, suspended, or revoked licenses.

3.3 Professional Standards

You agree to maintain the highest ethical standards in your real estate practice and to comply with all applicable RealtorĀ® Code of Ethics and state regulations.

4. Client Relationship Management

4.1 Client Stewardship

You acknowledge that your primary responsibility is to serve your clients' best interests. The platform is designed to enhance your ability to provide quality service by connecting your clients with qualified mortgage professionals.

4.2 Disclosure Requirements

You agree to comply with all applicable disclosure requirements regarding referrals and potential conflicts of interest. You must inform clients about the matching process and any relationships with selected mortgage brokers.

4.3 Client Choice

Clients have the ultimate choice in selecting their mortgage broker. You agree not to unduly influence their decision and to respect their choice of mortgage professional from the provided matches.

5. Platform Usage and Data

5.1 Client Data Protection

You agree to protect all client information and to use it only for legitimate business purposes related to the real estate transaction. You must comply with all applicable privacy laws and regulations.

5.2 Platform Metrics

You acknowledge that the platform tracks usage metrics including forms sent, client matches, and successful closings for quality assurance and platform improvement purposes.

6. Payment and Subscription

Real estate agents may use the platform on a free or subscription basis as determined by Referral Bridge LLC. Any applicable fees are non-refundable except as required by law.

7. Limitation of Liability

Referral Bridge LLC provides a matching platform but does not guarantee client satisfaction, loan approvals, or successful transactions. You acknowledge that all real estate transactions and outcomes are your sole responsibility.

Referral Bridge LLC's total liability to you shall not exceed the total amount of fees paid by you in the 12 months preceding the claim.

8. Termination

Either party may terminate this agreement with 30 days written notice. Referral Bridge LLC reserves the right to immediately suspend or terminate accounts for violations of these terms or for any unethical conduct that could damage the platform's reputation.

9. Miscellaneous

This agreement shall be governed by the laws of the state where Referral Bridge LLC is incorporated. Any disputes shall be resolved through binding arbitration.

Referral Bridge LLC reserves the right to modify these terms with 30 days notice. Continued use of the platform constitutes acceptance of modified terms.

Contact Information

Questions about these terms? Contact us at legal@referralbridgellc.com