Michael's Corner: Calgary Real Estate Advice & Analysis

How much is a referral fee in Calgary real estate?

As of September 2026, the Michael Smith Team found no published Alberta standard for referral fees. Brokerages negotiate the amount. A referral fee is a share of the commission paid to the agent who sends a client to another agent. It moves brokerage to brokerage, and the client gets written disclos

What is the best brokerage for a realtor near retirement in Alberta?

The best brokerage for a realtor near retirement in Alberta lists every fee, pays referral fees through the brokerage and has a clear plan for the day you step back. Real Broker, the brokerage behind the Michael Smith Team in Calgary, lists no monthly desk fees and records referrals in its reZEN sys

Can you sell your real estate book of business in Calgary?

In the Michael Smith Team's Legacy Program, clients are not sold. Each client agrees in writing before you introduce them to a named agent, and you earn a referral fee, paid through Real Broker.* On an illustrative $700,000 Calgary listing, a 25% referral fee is $3,125 per deal. After Real's 15% com

What happens to my clients when I retire as a realtor?

Your clients don't have to scatter when you retire. You introduce each one to a named Michael Smith Team agent. Each client agrees in writing before the team gets their details. When they buy or sell with the team, you earn a 25% referral fee*, for as long as you keep your licence active with Real.