Referral fee
A referral fee, sometimes called a finder's fee is a payment made to a person or entity who facilitates a deal, that is links up a potential customer with a provider. Such fees act as incentives for facilitators or agents to act as a third party in setting up initial contact points, and can range from the purchase of buildings, as in effect estate agents, to builders and skilled professionals carrying out work for a client. The term is described in the RICS 'Residential retrofit standard: RICS Professional Standard UK', published as a 1st edition in March 2024, simply as 'An amount of money that is paid by one organisation to another for being recommended to a client or customer.'
[edit] Related articles on Designing Buildings
- Ancillary uses of buildings.
- Architect's fees.
- Architectural fees.
- Architectural styles.
- Building.
- Nineteenth century building types.
- Non-domestic building.
- PAS 2035.
- PAS 2038:2021 Retrofitting non-domestic buildings for improved energy efficiency.
- Planning fees.
- Premises.
- Refurbishment.
- Renovation.
- Renovation v refurbishment v retrofit.
- Retrofit and traditional approaches to comfort.
- Retrofit coordinator.
- The history of buildings.
- Types of building.
- Types of construction.
- Types of development.
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