{"id":151,"date":"2022-02-09T05:18:33","date_gmt":"2022-02-09T05:18:33","guid":{"rendered":"https:\/\/referralcloud.co\/blog\/?p=151"},"modified":"2022-02-21T06:18:09","modified_gmt":"2022-02-21T06:18:09","slug":"referralcloud-review","status":"publish","type":"post","link":"https:\/\/referralcloud.co\/blog\/referralcloud-review\/","title":{"rendered":"My Experience with ReferralCloud"},"content":{"rendered":"\n

Note from the Co-Founders<\/a>. An agent who used the ReferralCloud platform<\/a> to place a referral asked if she could share her experience and have it posted as a blog post. We agreed and below is her unedited ReferralCloud review submission. <\/p>\n\n\n\n

ReferralCloud agent Review<\/h2>\n\n\n\n

The client was moving out of state to Ohio and I had listed his house for sale.  The house was very nice and it was going to sell quickly.  I had sold several homes for this client, he was very nice, and I was sorry to see him move away, not to mention that this was going to be out last transaction together.  Client relationships take time to cultivate and we treasure them, but when the client moves away, a lot of times, that source of business dissipates.  Yes, I would refer him to an agent in Ohio and receive a referral fee, but let\u2019s face it, the odds of that agent having a client to refer to me in my market, was not great.  <\/p>\n\n\n\n

As expected, the house I listed for my client generated multiple offers.  In chatting with one of the buyer\u2019s agents, he mentioned that his client was a referral he received through ReferralCloud.  He explained that he had referred a client to an agent in another market through the ReferralCloud platform and that an unrelated agent in a different market referred a client to him as a \u201creward\u201d for having sent his referral though the ReferralCloud platform.  <\/p>\n\n\n\n

The agent explained the process to me and I was super excited.\u00a0 I would receive the 25% referral fee for the client I was referring who would be purchasing in Ohio and receive another client on top of the 25% referral.\u00a0 Best of all, there was no fee to join ReferralCloud and no subscription fee. The only fee is a referral fee paid at closing<\/a>.<\/p>\n\n\n\n

My first thought was brilliant!  Not only can I refer this seller though the ReferralCloud platform and receive my 25% referral fee on his purchase in Ohio, but I will receive a referral client back!  This is awesome!  This is like receiving a 25% referral fee for my client\u2019s purchase, and being sent a \u201creplacement\u201d client.  <\/p>\n\n\n\n

My client accepted an offer and I joined ReferralCloud.  I was able to view agents in ReferralCloud, select one that I thought would be a good fit for my client, placed my client\u2019s information in ReferralCloud and he was assigned to the agent I selected.  The platform can also select the receiving agent for you if you can\u2019t find or select an agent for your client.  The agent was prompt in responding to me, was very knowledgeable about the market, connected with my client, and the hunt for my client\u2019s new home had begun.  It was very nice to see updates in the portal from the agent in Ohio regarding the home search, and later about the progress of the transaction.  The portal was a nice way for us to communicate and keep everything about this transaction in one place easily accessible to both of us.  My escrow with my client closed and soon after that, the escrow in Ohio also closed.  The 25% referral fee was sent to me promptly and I now have a happy client because our sale was smooth and with my help, his relocation purchase in Ohio was also a good experience.  <\/p>\n\n\n\n

As I look back on this transaction, using ReferralCloud has increased my client funnel.  My client is happy and will continue to send me referrals here and connect me with his sphere of influence that required the services of a great Realtor anywhere because he knows I have a network of great agents throughout the country ready to provide exceptional service.  This means that I will be able to send place referral clients in the ReferralCloud platform beyond my current client base.  The agent in Ohio is happy and is likely to choose me as a recipient of her referrals in my market, plus ReferralCloud will reward me with a referral that becomes available in my market for using the ReferralCloud platform.  <\/p>\n\n\n\n

Agents are constantly bombarded with lead generation sources that are expensive, and the leads a lot of times are assigned to multiple agents.  ReferralCloud is different since there is no cost to join or a recurring costs, plus these are not cold leads \u2014 these are agent to agent referrals which have a high closing ratio since they are vetted by the agent sending the referral through the ReferralCloud platform and they are assigned to a SINGLE agent not multiple agents.  I\u2019m glad I used ReferralCloud for my client referral and I will continue to do so as a way to grow my business with quality client referrals.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

As I look back on this transaction, using ReferralCloud has increased my client funnel<\/p>\n","protected":false},"author":1,"featured_media":152,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[4],"tags":[],"yoast_head":"\nMy Experience with ReferralCloud - ReferralCloud<\/title>\n<meta name=\"description\" content=\"This is my experience with ReferralCloud. 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Opcity is a real estate agent lead generation platform that is designed to give leads to real estate agents. It charges 30-35% as a referral fee and has a very low closing rate. Agents that have used the platform have lamented\u2026","rel":"","context":"In "Blog"","img":{"alt_text":"Opcity vs ReferralCloud","src":"https:\/\/i2.wp.com\/referralcloud.co\/blog\/wp-content\/uploads\/2022\/02\/opcity-vs-referralcloud.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":297,"url":"https:\/\/referralcloud.co\/blog\/how-does-referralcloud-work\/","url_meta":{"origin":151,"position":1},"title":"How Does ReferralCloud Work?","date":"June 8, 2022","format":false,"excerpt":"ReferralCloud Flywheel How Does ReferralCloud Work? ReferralCloud is an agent-to-agent referral coordinator.\u00a0 We simplify the process for agents passing referrals to each other, keeping them aware during the process, and also making sure that the agent that gave the referral gets paid.\u00a0 Agents get paid 25% at closing when they\u2026","rel":"","context":"In "Blog"","img":{"alt_text":"how does referralcloud work","src":"https:\/\/i0.wp.com\/referralcloud.co\/blog\/wp-content\/uploads\/2022\/06\/how-does-referralcloud-work.png?fit=940%2C788&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":190,"url":"https:\/\/referralcloud.co\/blog\/opcity-vs-referralcloud\/","url_meta":{"origin":151,"position":2},"title":"Opcity vs ReferralCloud","date":"February 18, 2022","format":false,"excerpt":"Opcity vs ReferralCloud A comparison of Opcity vs ReferralCloud. Opcity is a Realtor.com owned lead generation company for real estate. ReferralCloud is a real estate agent powered referral coordination network. While both appear to do the same thing, give clients to real estate agents for a referral fee, there are\u2026","rel":"","context":"In "Blog"","img":{"alt_text":"Opcity vs ReferralCloud","src":"https:\/\/i2.wp.com\/referralcloud.co\/blog\/wp-content\/uploads\/2022\/02\/opcity-vs-referralcloud.png?fit=940%2C788&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":132,"url":"https:\/\/referralcloud.co\/blog\/how-to-get-more-real-estate-referrals\/","url_meta":{"origin":151,"position":3},"title":"How to get More Real Estate Referrals","date":"May 24, 2021","format":false,"excerpt":"Real Estate Referrals are a two way street. Real estate agents benefit from both inbound and outbound referrals.\u00a0 With inbound referrals, agents get to help a client buy or sell a house and usually shares some of that commission with the referral agent.\u00a0 The outbound referring agent usually gets a\u2026","rel":"","context":"In "Blog"","img":{"alt_text":"Real Estate Referrals","src":"https:\/\/i1.wp.com\/referralcloud.co\/blog\/wp-content\/uploads\/2022\/02\/Real-estate-referrals.png?fit=1200%2C628&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":169,"url":"https:\/\/referralcloud.co\/blog\/zillow-flex-vs-referralcloud-2022\/","url_meta":{"origin":151,"position":4},"title":"Zillow Flex vs ReferralCloud | 2022","date":"February 16, 2022","format":false,"excerpt":"Zillow Flex is a program that is part of the Zillow Premier Agent program. It has many differences from Zillow Premier Agent since Zillow Flex is a \"pay at closing\" referral program while Zillow Premier Agent is paid leads up front per zip code with no referral fee at the\u2026","rel":"","context":"In "Blog"","img":{"alt_text":"Zillow Flex vs ReferralCloud","src":"https:\/\/i0.wp.com\/referralcloud.co\/blog\/wp-content\/uploads\/2022\/02\/Screen-Shot-2022-02-16-at-11.51.00-AM.png?fit=836%2C536&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":112,"url":"https:\/\/referralcloud.co\/blog\/managing-referrals-with-referralcloud\/","url_meta":{"origin":151,"position":5},"title":"Managing Referrals with ReferralCloud","date":"May 3, 2021","format":false,"excerpt":"Accepting a new inbound referral Accepting a new inbound referral within the ReferralCloud backend is very easy. If you've forgotten your password there is a forgot password link. First you'll have to login to your agent portal like below: Logging into ReferralCloud agent portal Once you have logged in you\u2026","rel":"","context":"In "Blog"","img":{"alt_text":"Get more inbound referrals","src":"https:\/\/i1.wp.com\/referralcloud.co\/blog\/wp-content\/uploads\/2021\/05\/Screen-Shot-2021-05-03-at-5.47.13-AM.png?fit=948%2C672&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/referralcloud.co\/blog\/wp-json\/wp\/v2\/posts\/151"}],"collection":[{"href":"https:\/\/referralcloud.co\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/referralcloud.co\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/referralcloud.co\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/referralcloud.co\/blog\/wp-json\/wp\/v2\/comments?post=151"}],"version-history":[{"count":2,"href":"https:\/\/referralcloud.co\/blog\/wp-json\/wp\/v2\/posts\/151\/revisions"}],"predecessor-version":[{"id":217,"href":"https:\/\/referralcloud.co\/blog\/wp-json\/wp\/v2\/posts\/151\/revisions\/217"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/referralcloud.co\/blog\/wp-json\/wp\/v2\/media\/152"}],"wp:attachment":[{"href":"https:\/\/referralcloud.co\/blog\/wp-json\/wp\/v2\/media?parent=151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/referralcloud.co\/blog\/wp-json\/wp\/v2\/categories?post=151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/referralcloud.co\/blog\/wp-json\/wp\/v2\/tags?post=151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}