Referral Fees

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Jun 11, 2006 7:13 pm

I am a real estate agent and am thinking about an FA career. Does anyone know if there are any rules about accepting referral fees from other real estate agents as long as the FA has a real estate license himself? As a real estate agent it is legal and common, but what I'm wondering is there some sort of conflict of interest rules or something like that? Perhaps it would be OK as long as it was disclosed? Would the wirehouses have any prohibitions against it? Thanks in advance for your thoughts...