Policy and Requirements

Referral Fee:

• 3% referral fee
• Payable to individuals who are licensed by the Texas Real Estate Commission as real estate sales professionals
• Final dollar amount based upon the retail price listed on the community price sheet at the time the contract is written or the final dollar amount listed on the earnest money agreement (excluding any seller paid financing contribution); whichever is less
• Referral fee paid by the title company upon closing and funding

Agents must meet one of the following criteria in order to be paid a referral fee:

Agent, prospective purchaser and Michael David Homes sales counselor are present at the first visit to a model home, inventory home, home under construction or home site offered for sale by Michael David Homes.  Prospective purchaser must be “new” to Michael David Homes and have had no prior contact, communication or relationship of any kind with a Michael David Homes sales counselor or employee in any community.  Agent is the “procuring cause.”

OR...

Agent makes a phone call to a Michael David Homes sales counselor prior to the prospective purchaser’s first visit and “pre-registers” a prospective purchaser with Michael David Homes.  Prospective purchaser must be “new” to Michael David Homes and have had no prior contact, communication or relationship of any kind with a Michael David Homes sales counselor or employee in any community.  Agent is the “procuring cause.”

OR...

Agent sends an e-mail to a Michael David Homes sales counselor or to This e-mail address is being protected from spambots. You need JavaScript enabled to view it prior to the prospective purchaser’s first visit and “pre-registers” a prospective purchaser with Michael David Homes.  Prospective purchaser must be “new” to Michael David Homes and have had no prior contact, communication or relationship of any kind with a Michael David Homes sales counselor or employee in any community.  Agent is the “procuring cause.”

OR...

Agent sends a text message to a Michael David Homes sales counselor prior to the prospective purchaser’s first visit and “pre-registers” a prospective purchaser with Michael David Homes.  Prospective purchaser must be “new” to Michael David Homes and have had no prior contact, communication or relationship of any kind with a Michael David Homes sales counselor or employee in any community.  Agent is the “procuring cause.”

Agents will NOT be paid referral fees for the following situations and scenarios:

Agent considers himself/herself to be the “Agent of record” for a prospective purchaser, but the Agent has not met one of the above listed criteria.  Agent is not the “procuring cause.”

Prospective purchaser is considered by the Agent to be “working with an agent”, but the Agent has not met one of the above listed criteria.  Agent is not the “procuring cause.”

Prospective purchaser (at some point in the transaction) offers an Agents’ business card or states that they are “working with an agent”, but the Agent has not met one of the above listed criteria.  Agent is not the “procuring cause.”

We are delighted when we have the opportunity to pay referral fees to Agents.  Everyone at Michael David Homes is proud of the tremendous relationship we have with our Agent partners and our growing reputation within the real estate community. We appreciate the individual Agents who are so vital to our success.

Michael David Homes sales counselors are instructed to ask the following question when they first meet a prospective purchaser:

"How did you find us?"

Currently...

over 70% of our sales include an Agent referral fee -- a statistic we are very proud of…