REALTOR® REFERRAL PROGRAM – NEW HOME SALES
Thank you for introducing your client to a Satterfield Builders home. Our sales team is committed to providing a clear, professional, and seamless building experience from initial contact through closing.
To be eligible for a referral commission, the referring agent must properly register their client in accordance with the policies outlined below.
Eligibility Requirements
The referring agent must be a licensed real estate agent in good standing in the State of Idaho.
The client must be an arm’s-length buyer (not the agent, a member of the agent’s household, or an immediate family member).
Referral commissions are calculated solely on the base purchase price of the home. Seller concessions, options, and upgrades are excluded from commission calculations.
Client Registration Policy
To qualify for a referral commission, all of the following conditions must be met:
The client must be registered by the agent prior to any contact with Satterfield Builders, including but not limited to model home visits, phone calls, emails, texts, or online inquiries.
Registration must be fully completed and submitted to a Satterfield Builders sales representative.
If a client visits a model home or otherwise contacts Satterfield Builders before being registered by an agent, no referral commission will be paid if the client later purchases a home.
Approved registrations will be honored for a period of sixty (60) days from the date of registration to avoid any misunderstanding regarding compensation.
Contracts and Sales Process
All contracts for new homes that are not move-in ready nor listed on the MLS will be prepared and issued exclusively by the Satterfield Builders sales team.
Referral fee amounts may vary depending on whether the home is a custom build or an existing or in-process inventory home.
The applicable referral fee will be determined no later than the execution of the purchase agreement.
Payment of Referral Commissions
Referral commissions will be paid at the close of escrow to the Designated Broker listed on the approved client registration.
Agent Acknowledgment
By registering a client, the referring agent acknowledges that any compensation owed to the agent by the buyer is governed solely by the buyer-agent agreement and that Satterfield Builders’ referral commission, if any, is discretionary and subject to compliance with this policy.
Client Registration Form
