Kickback

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January 1, 1 6 min read Definitions

Kickback Referral Fees Real Estate Agents Mortgage Lenders RESPA Real Estate Law Ethics Financial Incentives

Kickbacks are fees or rebates paid to an agent or other participant in a transaction as an incentive to refer customers to a particular vendor, without any actual service provided to the customer besides the referral. These practices are often illegal and can jeopardize the integrity of the real estate transaction.