
Tips on how to manage a relocation referral
Managing a relocation referral effectively is critical for a realtor because it can build long-term relationships, enhance reputation, and generate steady referral business. Here’s a step-by-step guide to handling a relocation referral professionally:
🔑 1. Confirm and Qualify the Referral Quickly
- Respond Immediately: A fast response signals professionalism.
- Verify the Details: Clarify the referral’s expectations, timeline, budget, preferred locations, and reasons for the move.
- Pre-qualify the client: Assess readiness to buy or rent, financing status, and whether they’ve been pre-approved.
📞 2. Communicate with the Referring Agent
- Acknowledge receipt: Let them know you received the referral and are taking action.
- Respect their relationship: Assure them that you’ll protect their client and honor the referral agreement.
- Confirm terms: Discuss the referral fee (usually 25–35%) and document the agreement in writing.
🧭 3. Be the Local Expert and Guide
- Provide area orientation: Share insights on neighborhoods, schools, commute options, and lifestyle amenities.
- Send a relocation packet: Include maps, guides, utility info, school districts, and even personal video introductions.
- Be a concierge: Recommend movers, service providers, and temporary housing options.
🧑💼 4. Create a Personalized Plan
- Tailor the search: Match properties to their needs, schedule virtual tours if they're out-of-town.
- Timeline management: Align the home search with their move date and job start, if applicable.
🔄 5. Maintain Transparent Communication
- Regular updates: Weekly check-ins or more frequent updates depending on urgency.
- Use tech tools: Share updates via a CRM like 5x, video messages, or real-time chat platforms like WhatsApp or Slack.
✅ 6. Follow Through and Close Strong
- Coordinate logistics: Oversee inspection, appraisal, and closing processes efficiently.
- Assist post-sale: Offer help with local services or introduce them to community groups.
💌 7. Close the Loop with the Referring Agent
- Thank them: Send a professional thank-you message and confirm the closing.
- Pay the referral fee promptly.
- Stay in touch: Build a long-term agent-to-agent relationship for future referrals.
Bonus Tip: Use a CRM or Relocation Management Tool
Platforms like 5x can help automate tracking, communication, and follow-ups for relocation referrals.
Sign up for the exclusive 5x Referral App today