I recently posted a referral request on Active Rain from a friend of mine in Church. He lives in Berkeley, CA and is planning on buying an investment property in Raleigh, North Carolina. Well I posted the referral on Active Rain this last Saturday night and received 39 e-mails and 1 phone call that night!!!
Needless to say I was overwhelmed by the response. Most people offered 30% but some offered 25% referral fee. No big deal there. I wasn't sure who to go with but then one member made several very useful comments on one of my blog entries. Well I'm going with her and learned something important through this. If you are going to ask for business in this market you must go above and beyond and find creative ways to help your referral base build their businesses.
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