Referral agreement, Keyline Finance and Corrimal & Hale

Referral agreement template with a fee table by product

A referral agreement works when it is clear where the referral stops and the advice starts. This one has a real estate agency passing buyers to a mortgage broker for a fee that ranges from $250 to $1,100 by product, attributed for 90 days, paid monthly, and clawed back if the lender claws back first.

Create a document with OneCraft3 A4 pages, editable, then download as a PDF

The document, page by page

Every page as it renders and as it prints, with nothing summarised. Read the wording before you reuse it.

Referral agreement · Keyline Finance and Corrimal & Hale · RA-2027-06Page 1 of 3
Referral agreement · Keyline Finance and Corrimal & Hale · RA-2027-06Page 2 of 3
Referral agreement · Keyline Finance and Corrimal & Hale · RA-2027-06Page 3 of 3
Referral agreement

Made on 5 October 2027 between Keyline Finance Pty Ltd, ABN 88 337 002 419, of 2/14 Flinders Way, Wollongong NSW 2500, called the Broker, which holds an Australian credit licence in its own name, and Corrimal and Hale Property Pty Ltd, ABN 45 119 288 604, called the Referrer.

90 days
Attribution window
Monthly
Paid
$1,100
Highest fee
12 months
Clawback window
1. What each party does
1.1
The Referrer introduces, and stops there
The Referrer passes the Broker the name and contact details of a person who has agreed to be contacted about finance. It does nothing else: it does not compare products, quote a rate, estimate borrowing capacity or help with an application.
1.2
The Broker does the credit work
The Broker assesses the client, recommends products, submits the application and carries every obligation that comes with holding a credit licence. Nothing here makes the Referrer an employee, agent or partner of the Broker.
2. Making a referral
2.1
How it is recorded
A referral is made through the Broker’s online form or by email, with the client’s name, phone number, the purpose and the date consent was given. The Broker logs it and sends back a reference number.
2.2
The 90 day attribution window
A fee is payable if the client applies through the Broker within 90 days of the referral date. Where two referrers introduce the same client the first logged referral is paid, and a client already on the Broker’s books in the previous six months is not a new referral.
3. Fees
3.1
What is paid, by product
The fees below are exclusive of GST and are paid per settled loan, not per application or per referral.
Product
Fee, plus GST
Paid on
Owner occupier home loan
$550
Settlement
Investment loan
$700
Settlement
Refinance of an existing loan
$400
Settlement
Construction loan
$750
First drawdown
Commercial or self managed super fund loan
$1,100
Settlement
Asset and equipment finance
$250
Settlement
3.2
Clawback
If a lender claws back the Broker’s commission because the loan is discharged or refinanced within 12 months of settlement, the referral fee is repaid on the same scale: all of it in the first six months, half in months seven to twelve, set off against the next payment.
4. Payment
4.1
Monthly, by recipient created tax invoice
The Broker pays by the 15th of each month for loans that settled in the previous month, with a statement listing each client, the reference number, the product and the fee. The parties agree the Broker issues recipient created tax invoices for them.
5. Disclosure and privacy
5.1
Telling the client, and consent
Before passing a client’s details the Referrer tells them it will be paid a fee for the introduction, that it is not giving advice about the loan, and that they may go to any broker. The Broker repeats that in its first written contact. The Referrer obtains the client’s consent before sending any details and keeps a record of it, and neither party markets to a referred client without separate consent.
The disclosure is what keeps this a referral
A referrer that starts comparing products or estimating borrowing capacity is doing more than introducing, and a fee for that sits under a different set of rules.
6. Term and general
6.1
Term, notice and exclusivity
This agreement runs until either party ends it on 30 days written notice, and it is not exclusive on either side. Fees for referrals already logged survive the end of it. Neither party may use the other’s name or logo without written approval. This is the whole agreement about referrals and is governed by the law of New South Wales.
For Keyline Finance Pty Ltd
Name
:
Position
:
Date
:
For Corrimal and Hale Property Pty Ltd
Name
:
Position
:
Date
:

Section by section

What each section is for, so you can keep the ones you need and drop the rest.

Parties and summary
Both ABNs, the credit licence, and a stats strip with the window, fee ceiling and clawback.
1. What each party does
Where the introduction stops, and who carries the credit licence obligations.
2. Making a referral
How a referral is recorded and confirmed, and the 90 day attribution rule.
3. Fees
A table of seven products with the fee and the trigger, and the clawback scale.
4. Payment
Monthly settlement by the 15th, with a statement and a recipient created tax invoice.
5. Disclosure and privacy
What the client is told before details move, consent, and a callout on why it matters.
6. Term and general
Thirty days notice, no exclusivity, surviving fees and governing law.

Clauses in this document

How to adapt this agreement

For a referral into a service with no licensing overlay, such as a designer sending work to a printer, cut the disclosure clause back to a single sentence and keep the attribution rule, because that is the part that still causes arguments. For a two way arrangement, write both directions into one document with separate fee tables, rather than signing two agreements that can drift apart. For a revenue share rather than a flat fee, add a reporting obligation and an audit right, since the referrer is now relying on numbers it cannot see.

Which law the terms follow

The agreement is governed by the law of New South Wales and is written for Australian credit referrals. The broker holds the credit licence and carries the obligations that come with it, while the referrer limits itself to an introduction and a disclosure, which is what keeps it out of credit assistance. Fees are quoted exclusive of GST, paid by recipient created tax invoice, and consent is handled under the Australian Privacy Principles.

What makes this document work

The fee table prices seven products, including the one worth nothing

From $250 for asset finance to $1,100 for a commercial or self managed super fund loan, each with the trigger written beside it, and a construction loan paid on first drawdown rather than settlement. Fees are quoted exclusive of GST and per settled loan, not per application.

Attribution is a rule, not a conversation

A fee is payable if the client applies within 90 days of the referral. Two referrers introducing the same client are settled by whichever referral was logged first, and a client already on the broker's books in the previous six months is not new. Every one of those is a real argument.

Clawback mirrors the lender, so nobody carries it alone

If the lender claws back the broker's commission inside 12 months, the referral fee is repaid on the same scale: all of it in the first six months, half in months seven to twelve, set off against the next monthly payment rather than invoiced separately.

Questions people ask

What is a referral agreement?

A contract setting out how one business introduces customers to another and what it is paid for doing so. It records how a referral is made and logged, how long the introduction is credited for, what triggers the fee, when it is paid, and what the referrer must tell the customer.

How is a referral fee usually calculated?

Either as a flat fee per converted referral or as a share of the revenue it produces. This agreement uses a flat fee that varies by product, from $250 to $1,100 plus GST, paid per settled loan. A flat fee avoids the referrer needing visibility of the broker's own commission.

What is a referral attribution window?

The period in which a customer's business is still credited to the introduction. Here it is 90 days from the referral date to the date the client applies. Without a window, a referrer can claim a fee on a customer who came back years later for reasons that had nothing to do with the introduction.

Does a referrer have to tell the customer about the fee?

Under this agreement, yes, before any details are passed. The referrer says that it will be paid a fee, that it is not giving advice about the loan, and that the client may go to any broker. The broker repeats the disclosure in its first written contact, so the record exists twice.

What is a recipient created tax invoice?

An arrangement where the buyer of the service issues the tax invoice instead of the seller. It suits referral fees because the broker knows which loans settled and when. The parties agree to it in clause 4.1, and the monthly statement doubles as the record of what each fee relates to.

Build your own in about a minute

The button below opens the generator with this use case already described. Change the wording to match your own, generate, then edit anything you like.

Make my referral agreement template with a fee table by product

Other document examples

Want the steps in the builder? Read Create a document with AI, then Every document component and when to use it. For everything this generator can do, see the document maker.

Sources

Written and checked by the OneCraft team. Last checked .