REFERRAL REWARDS PROGRAM

Program Guidelines

  • To be a sponsoring agent, you must be affiliated with Sotheby’s International Realty, Inc., Equestrian Sotheby’s International Realty or Martha Turner Sotheby’s International Realty in good standing.
  • Identify, recruit and register new independent sales associates for the opportunity to earn unlimited referral fee commission.
  • An eligible recruit for this program is a licensed real estate sales associate who has not, at any time within the six (6) month period preceding his or her affiliation date with a Sotheby’s International Realty office, been licensed and affiliated with, or employed by either (i) any franchisee of the Sotheby’s International Realty® brand; (ii) any franchisee of an Anywhere Real Estate Inc. brand (e.g., CENTURY 21, Coldwell Banker Realty, Better Homes & Gardens Real Estate, ERA, or Corcoran) including, but not limited to, any brokerage operated by Anywhere Advisors LLC; or (iii) any real estate brokerage office operated by Compass, Inc. or its subsidiaries and affiliated entities and/or their franchisees.
  • Referral Rewards earnings will be equal to 2% of the recruited sales associate’s gross commission income (GCI) per year on transactions that close during the two-year period following the recruited sales associate’s date of association. Beginning in the third year, the sponsoring sales associate will earn the equivalent of 1% of the recruited sales associate’s GCI on all closed deals until either sales associate is no longer associated with a participating Anywhere Advisors company (Sotheby’s International Realty, Inc., Corcoran, Coldwell Banker Realty, or Coldwell Banker Commercial) for any reason.
  • The sponsoring (or co-sponsoring*) sales associate must complete and sign the registration form identifying the recruited sales associate and submit to the office manager or staff. Office manager/staff should immediately forward to the destination office/manager.
    • *In the event an agent is referred by two sponsoring sales associates, the two sponsoring sales associates will split the referral commission. Both sponsoring agents need to complete the referral paperwork, and the recruited sales associate needs to acknowledge both sponsoring sales associates when completing the authorization form with the manager.
  • Form/registration submission:
    • Step 1: The destination branch manager will complete and sign the registration form.
    • Step 2: The destination branch manager will have the recruited sales associate sign the registration form.
    • Step 3: The destination branch office/staff shall submit the completed form to sothebyslicensing@anywhere.re.
    • Step 4: Referral registration form must be submitted to sothebyslicensing@anywhere.re by the date that the recruited sales associate affiliates with the company.
  • There is no limit to the number of sales associates the sponsoring sales associate can recruit through this program.
  • Recruits onto teams are eligible. See the FAQ’s team-related section for more information.
  • Employees who receive W2 earnings for 20 or more hours of work per week (regardless of licensure status) are not eligible to participate in the Referral Rewards program.
  • Employees who receive W2 earnings for less than 20 hours of work per week may be eligible for the Referral Rewards program if their job responsibilities do not include recruiting activities.
  • Recruited sales associates who transfer to referral-only status will be removed from the program and the sponsoring sales associate will no longer be eligible to receive the Referral Rewards program benefit for that individual.
  • Referral fee commissions paid to the sponsoring sales associate do not count toward level earnings or awards but do count toward IRS 1099 earnings.
  • This program terminates when one of the sales associates (sponsoring or recruited) is no longer associated with a participating Anywhere Brands/Anywhere Advisors company for any reason. Referral Rewards cannot be transferred to another sales associate under any circumstance. In the event a co-sponsoring sales associate disassociates, the remaining sponsor will continue to receive their own portion of the rewards (the remaining sponsor will not receive the disassociated sponsor’s portion of the rewards).
  • All self-generated and company-generated business conducted by the recruited sales associate will be eligible for Referral Rewards unless there is a referral fee due to another source. This includes the recruited sales associate’s GCI earned on sales and leasing transactions.
  • Sponsoring sales associates must be enrolled in direct deposit in order to receive Referral Rewards payments.
  • Questions about the program or eligibility should be directed to the office manager or your local ICR representative.

We’re here to help answer your questions.

Questions regarding the Sales Associate Referral Rewards program can be directed to the local office manager.