Understanding Referral Programs

Referral programs in property management can provide significant benefits when structured ethically and transparently. Specific companies, like Citizen Home Solutions, offer rebates or revenue shares for referrals made by property managers, which can enhance both service offerings and revenue streams. These programs are not only legally acceptable but also beneficial for establishing a collaborative network among service providers. It's essential, however, for property managers to disclose these arrangements within their management agreements to maintain trust with their clients.