Revised 12/19/20111.72

REALTOR REFERRAL PROGRAM

K&D will pay Realtors a referral fee/commission for referring a new resident to any one of our conventional communities with a signed and approved 12 month lease. This referral program applies to all realtors. The following guidelines will be required for the realtor to follow to be eligible to receive the referral fee/commission.

  • The Realtor must be present with the prospective resident. They will not be permitted to send us a prospect with their business card. The realtor must bring the prospect to the community. If a prospect visits your community and indicates they are being represented by a realtor, follow through with touring the prospect and leasing them the suite. Make a note on the guest card that the realtor was not present. If the realtor attempts to collect their commission, we will have the documented guest card.
  • When the Realtor brings a prospect to your community, attach their business card to the guest card. This will be imperative for us to confirm the commission payment. Once the prospect moves in and becomes a resident, place the guest card in the resident’s file. The Realtors have been instructed to invoice your community and reference the new resident’s name, address, suite number, monthly rent amount, and move-in date. Once you receive the invoice, make sure the name is the same as the realtor that brought you the new resident. The referral will only be paid to the same realtor. Confirm the information on the invoice is correct, then email a copy of the invoice to Cheri Ashcraft () to ensure prompt payment. Make a copy of the guest card with the realtor’s card attached and send to your Accounts Receivable Specialist.

This exclusive program is for 12 month leases only:

ALL PROPERTIES

  • Bonus = $600
  • Agent must be present at initial visit and present card with real estate company indicated
  • Realtors are eligible to be paid $600.00 in commission. The new resident must sign a one-year lease. This referral program is not applicable for a 6 month or 9 month lease.