How much does a broker referral actually pay
This is the sector with the highest share passed on, because the broker's own fee is already a percentage. Here is the full calculation, from the loan amount through to what the referrer receives.
Run the numbers with your own figures
The starting values are an example to show the mechanism, not a market average. Replace them with yours, the calculation updates itself.
The ranges actually observed
These are the ranges from our commission grid, word for word. Nothing forces you to follow them, they only say what is commonly practised.
| Case | Observed range |
|---|---|
| Credit and insurance brokerage | 20 to 40 % of the commission received |
Who pays what, plainly
You want to refer
0 €The referrer account is free, and it stays free. You track your referrals and your commissions without ever paying anything.
Create a free accountYou want to receive referrals
49,90 €The business pays for the tool. 49.90 € excl. VAT per month for an independent, no commitment, 15 day money back guarantee.
Ask a question on WhatsAppWhat justifies the commission, on the business side: tracking about 10,000 customers for almost three years, researchers measured that a referred customer is on average at least 16 % more valuable than a comparable customer acquired otherwise (Schmitt, Skiera and Van den Bulte, Journal of Marketing, 2011). On the referrer's side, recommending is not neutral either: at a cellular operator, customers who had referred someone saw their defection rate fall from 19 % to 7 % within a year (Garnefeld, Eggert, Helm and Tax, Journal of Marketing, 2013).
Frequently asked questions
Brokerage is regulated, can a referral still be paid?
A simple introduction remains possible, but credit and insurance intermediation is regulated, and depending on what the referrer actually does they may fall under a registered status. Check this with your compliance function BEFORE setting a commission, not after.
Why are the rates higher than elsewhere?
Because the basis is already a commission, not revenue. 30 % of a 1 % commission on a loan is not 30 % of the loan. The calculator above shows that immediately.
Is a written agreement needed?
Yes, more so than elsewhere. It fixes the rate, the basis and the payment moment, and it documents the referrer's exact role, which matters a great deal in a supervised sector.
What if the case falls through?
The usual practice is that nothing is owed until the commission is actually collected. Write it down, it is the point that causes the most friction.