Business Referrer Agreement

This agreement defines the terms of collaboration between THE AGENT and THE REFERRER within the framework of a client referral program for real estate transactions in Dubai.

THE REFERRER agrees to identify and present to THE AGENT potential clients (hereinafter "Leads") interested in buying, selling, or renting real estate properties.

• Qualified Lead: Contact of a person genuinely interested in a real estate transaction, with complete and accurate contact details, defined budget, and short/medium-term project (0-6 months).
• Successful Transaction: Signing of a sale contract (Title Deed) or rental contract (Tenancy Contract) following a referred Lead.
• Commission: Payment made to THE REFERRER upon a Successful Transaction.

THE REFERRER agrees to:

• Refer only Qualified Leads with accurate information
• Never present themselves as a real estate agent or representative of THE AGENT
• Comply with RERA (Real Estate Regulatory Agency) regulations
• Not engage in real estate brokerage activities without a license
• Maintain confidentiality of information received
• Guarantee the exclusivity of each Lead referred
• Not directly contact property owners or developers

THE AGENT agrees to:

• Provide professional follow-up of all referred Leads
• Inform THE REFERRER of case progress via the platform
• Calculate and pay Commissions according to defined terms
• Maintain transparency regarding transactions
• Provide secure access to the management platform

Total commission on real estate transaction:

• Agency: 50%
• Agent: 50%

Distribution of Agent's share:

• Referrer: 20% of Agent's share
• Agent: 80% of Agent's share

Commission rates by transaction type:

• Sales: 2% of sale price
  • Referrer Commission = 0.2% of sale price
• Rentals: 5% of annual rent
  • Referrer Commission = 0.5% of annual rent

Concrete examples:

• Villa sale at 5,000,000 AED → Referrer Commission: 10,000 AED
• Apartment rental at 150,000 AED/year → Referrer Commission: 750 AED

Payment timeline:

• Sales: Within 45 days following Title Deed signing and receipt of funds by THE AGENT
• Rentals: Within 14 days following Tenancy Contract signing and receipt of commission by THE AGENT

Payment method:

• Bank transfer (details provided by THE REFERRER)
• Or any other method agreed between parties

Payment conditions:

• Commission is due only if the transaction is finalized
• No Commission in case of transaction cancellation
• THE REFERRER must provide complete banking details

THE AGENT provides THE REFERRER with a secure web platform allowing to:

• Add new Leads
• Track progress of each Lead in real-time
• View Commission history
• Access personal statistics

THE REFERRER agrees to maintain confidentiality of their login credentials.

Duration: This agreement is concluded for an indefinite period from the date of signature.

Termination:

• Either party may terminate the agreement with 30 days notice by email
• Immediate termination in case of serious breach of obligations
• Leads referred before termination remain valid for Commission calculation

THE REFERRER agrees to:

• Not disclose confidential information received
• Not use information for purposes other than this agreement
• Not transfer platform access to third parties

This obligation remains valid after the end of the agreement.

THE REFERRER exercises their activity in complete independence. There is no subordination relationship between THE AGENT and THE REFERRER. THE REFERRER is not an employee of THE AGENT and acts independently.

THE REFERRER is solely responsible for:

• The accuracy of information they communicate
• Their declarations to tax authorities
• Compliance with RERA legislation

THE AGENT cannot be held liable for THE REFERRER's actions toward clients or third parties.

Personal data collected is used solely for management of the referral program. THE REFERRER has the right to access, rectify, and delete their data in accordance with GDPR.

This agreement is governed by the law of the United Arab Emirates. Any dispute shall be submitted to the exclusive jurisdiction of the courts of Dubai.