CONTACT US - AGENT REFERRAL PROGRAM
Southern Dreams Realty Agent Affiliate Program
Unlock New Opportunities and Boost Your Income with Southern Dreams Property Management's Agent Referral Program
Would you like to do more to attract clients interested in buying homes as investment properties? Access to top-notch property management services could be a valuable resource. With our agent referral program, you can connect clients with these services without having to handle property management yourself! Whether you're a seasoned pro or just starting, this program will expand your services and strengthen your client relationships.
No property management experience is required—just an active real estate license. We simplify the process, allowing you to refer your clients with ease.
Earn referral fees for each successful lead and provide your clients with a valuable solution. You can retain listing rights for referred properties, all without the burden of managing rentals yourself. Provide your clients with peace of mind and comprehensive property management. It's a win-win for everyone!
Join the program today and let Southern Dreams Property Management handle property management while you focus on building lasting connections. Reach out now to learn more!
How It Works
1. Identify potential opportunities for property management service needs.
This could be current or past clients looking to rent their property, an investor looking for property management services.
2. You love real estate, including property management.
You do not need to be an expert in property management, that is our job. Let us help you make passive income though our services.
3. Go to our website and fill out our referral form.
This will ensure that we associate this new client with you and will make sure your referral fee is paid to the correct person.
4. Our property managers will send you a non-compete agreement specifically for that property to be electronically signed.
This form will be put in the client’s file and uploaded under their portal.
5. Southern Dreams Realty will handle the pitch, the sale and all documents to bring your referral
on as a client. We will confirm by email or phone that your referral has retained our services.
6. When you fill out the referral form, you will be asked if you prefer a one time referral fee of $200
once the tenant is placed - or if you prefer to be paid a one time referral fee of 25% of the rent.
7. All referral checks are written to the agent’s current brokerage.
You can come by and pick it up from our office or we can mail it directly to your brokerage. We also have the ability to ACH your your funds electronically
8. You will receive communication from Southern Dreams Realty
to keep you informed of where your referral is throughout the process.
9. When your referral is ready to list and sell the property, we will reach out to you and let you know.
We're a full brokerage & at times, agents will prefer not to handle things if the seller is listing it.
How Much Is The Referral Fee?
Southern Dreams Realty has structured our affiliate program to pay top dollar referral fees to real estate agents. We understand that you could send your referrals to any property management company and we appreciate that you chose us to work with.
We not only provide excellent service to your referral, but we also pay the highest referral fees around. When you fill out the referral form on our website, you will be asked to choose which referral program you prefer:
Option 1 (New Home Only)
Get paid your referral fee as soon as the client is retained by Southern Dreams Realty for property management services. We consider a client retained once the management agreement has been signed and sent back to Southern Dreams Realty. Southern Dreams Realty will pay a one time referral fee of $200 whether we rent the property or not.
Option 2 (New Home Only)
Southern Dreams Realty will pay you a referral fee of 25% of the rent once the property is rented and occupied.
We consider a property rented once a tenant has paid the security deposit, first month's rent and has taken occupancy of the unit.
Option 3 (Tenant Referral Only)
Southern Dreams Realty also offers referrals if you provide us a with a tenant for one of rental properties.
You will receive a 10% referral fee based on the rental amount once your client has paid the security deposit, first month’s rent and taken occupancy of the property.
You decide which referral option works best for you. All referral fees are paid to the agent’s brokerage. Be sure to discuss with your brokerage what your commission split would be on these transactions prior to signing up.
Still have questions? Feel free to reach out anytime! We love working with agents and want to ensure you feel comfortable with us, our services and our company. We are always fully transparent and happy to answer any questions for you.
Still Have Questions?
We are always fully transparent and happy to answer any questions for you. We look forward to working with you as a new affiliate of Southern Dreams Realty!
Affiliate Program Lead Generation Strategies for Obtaining More Referrals
1Real Estate Agent Referral Program
Establishing relationships with local real estate agents is not only great for your own business, but will also allow you access to their direct leads for clients looking to rent their homes or investors purchasing investment property through that agent. Consider offering them a small finders fee for sending you these leads. Consider signing a non-compete agreement stating that if the client decides to sell their property, you’ll give the sale back to the agent. Southern Dreams Realty will always sign a non-compete agreement with all referring agents. Be sure to discuss this with your brokerage to ensure they are ok with you collecting referrals and paying referrals to other brokerages of this type. Also be sure to ask your brokerage what your commission split would be for this type of referral.
2Empower Your List! Client Referrals
Consider contacting past and current clients. Past clients might be interested in purchasing an investment property or renting their current home. Current clients may be interested in purchasing investment property or have existing investment properties they would be interested in hiring a property management company to handle.
3Friends & Family Referrals
Make sure to let all your friends and family know that you can help them with their investment and property management needs. They probably already know you are in real estate, but now you can offer to help them with their investments and property management needs. Most people will not necessarily associate real estate with property management so make sure you let them know you have a solution for those needs as well.
4LinkedIn
LinkedIn can be a lucrative resource for finding new leads. Use LinkedIn’s detailed search options and search for titles such as “Real Estate Investor”. You can reach out to each person and talk to them and let them know that, not only can you help them purchase an investment property, but that you can also help them in finding a property management company to handle current or future investment properties.
5Attend Local Real Estate Investor Meetups
Meetup.com can connect you with local networking groups. Search for real estate investor meetups nearby. Attend the meetup and network with real estate investors and let them know that you can help them in purchasing a new investment property and you can also help them find a great local property management company to handle those investments. You can also reach out to the person in charge of the meetup and ask them if they would be open to allowing you to speak at one of the future meetups. You can appeal to local investors who are looking to purchase properties or who have existing properties and have property management needs.
6Hosting Your Own Local Real Estate Investor Meetup
Another option is to host your own real estate investor meetup. Create your own event on Meetup.com or advertise a virtual meetup using Zoom. Provide helpful and valuable information for investors, whether they are looking to purchase investment property or need help finding a local property management company. Southern Dreams Realty is happy to help if you are looking for information to provide such as top rental areas and rates, helpful tools in managing property, what profit margins investors should look for, important key home amenities tenants are looking for, etc. At the end of the session, let them know about your services and the benefits of working with you.
7Direct Mailing
Search your local county assessor’s database for non-occupied homes. Most of the time these will be investment properties. You can also do this search in MLS under the Tax tab. Send them a personalized letter or mailing offering your services.
8Real Estate Investor Forums
Similar to Facebook and LinkedIn groups, you can actively answer questions and participate in conversations on real estate and investments.
1Cold Call the FRBO leads of Craigslist
Check Craigslist for owners who are listing their properties for rent. Call those people and let them know you can help them. You never know someone’s needs until you reach out. They might be thinking about selling, but if they want to rent, you have a solution to help them and will be there if they ever decide to sell. Cold calling can be tough, but having multiple solutions to their problem can make it easier to reach out. You really do have the tools to be able to help them.
2Become the Real Estate Source on Facebook
Facebook groups can be a great source to locate local real estate investors and homeowners looking to transition their property. Search for Real Estate Investor groups or local Homes for Sale groups. Become an active member and answer questions whenever you can provide value. Make sure your personal Facebook profile clearly displays that you are a real estate agent. Over time, people will see you as an expert in real estate and a source for information on property management.
3Starting a Group on LinkedIn
Similar to Facebook groups, except using LinkedIn, use the search tool to find real estate investor groups in the area and start contributing. Make sure your LinkedIn profile is completely filled out and shows you are in real estate.
4Get Interviews on a Podcast or Start Your Own
Podcast have become very popular and being a guest speaker or creating your own can put you in front of a vast audience of investors and homeowners. Showcase your knowledge and expertise and let listeners know that you can be a great resource for them whether they are looking to buy, sell, invest or help with their rental management.
5Browse The Local Newspaper
Find rentals and homes listed in the local newspaper and reach out to the owners. Let them know about your services and how you can help them. If they are still using the newspaper to list their home or rental, there’s a good chance they can use your help!
6Affiliate with Local Businesses
Real estate investors deal with quite a few local businesses regarding their investment property. You could reach out to accountants, handymen, landscapers, HVAC companies, plumbers, house cleaners, carpet cleaners, pressure washers, electricians, painters, etc. Ask them to keep you in mind when they are dealing with customers looking to buy, sell or rent.
7Join Real Estate Investor Clubs
By joining real estate investors clubs, you have direct access to investors who might be looking to purchase investment property, sell property or rent out existing properties.