Referral Fee Policy

π Overview
At Texas Corporate Homes (TCH), referrals are valued and rewarded. When you refer a property owner who successfully join TCH, you may be eligible to receive a referral fee as outlined below.
π΅ One-Time Referral Fee
When a new property owner is added to TCHβtypically 30β45 days after their initial applicationβTCH will complete the following steps:
-
Confirm the Referrer
TCH will verify who referred the property owner.
-
Collect Referrer Details
Contact and payment information will be requested.
-
Issue Payment
A $500 or $1,000 one-time referral fee will be paid within 30 days after the property is fully installed and marketable by TCH.
π One-Time Referral Fee Notes
- The $500 referral fee is paid once per property owner, not per property, unless the referrer is the ownerβs real estate agent.
- If a real estate agent refers a client, the agent may earn a $1,000 referral fee per property that the client owns and enrolls with TCH.
π Annual Agent / Client Referral Fee
Texas Corporate Homes also offers an annual referral fee for real estate agents whose referred clients remain active at TCH.
π Annual Referral Fee Details
- Amount: $500 per year
- Eligibility: Applies to referred properties that remain enrolled at TCH
- Payment Timing: Paid 6 months into each renewal year
β Why the 6-Month Timing?
- Some property owners may renew and later decide to sell
- Renewal dates may vary if owners delay the renewal process
π Program Term Context
- The standard term of the TCH management agreement is 12 months
- The annual referral fee is intended to:
- Thank agents for continued support
- Help offset potential lost leasing commissions that may not be earned through traditional long-term leasing
π Summary
- One-Time Referral Fee: $500 or $1,000 (based on referrer type)
- Annual Referral Fee (Agents): $500 per renewal year, paid at 6 months
All referral fees are subject to the terms outlined above and apply only to properties actively enrolled and marketable within Texas Corporate Homes.