The five-line financing handoff
- Client decision and geography, using the client's own neutral criteria.
- Budget language exactly as the client stated it: price, total monthly housing target, or unresolved.
- Lender status: not chosen, conversation started, preapproval reported, or written estimate available.
- Known cost questions: escrow, mortgage insurance, dues, insurance, taxes, or assessments—not answers invented by the referring agent.
- Consent, next owner, and date.
Share the status, not the file
A note can say “client reports a current Loan Estimate and wants to compare total housing cost.” It usually should not attach a preapproval, Loan Estimate, tax return, bank statement, government ID, or account details without client authorization and an approved secure channel.
Example
Weak: “Great rate, ready to buy in Vegas.”
Useful: “With client consent: Nevada purchase; detached home; total monthly housing target is the decision constraint; current lender estimate reported; dues and insurance unresolved; receiving agent calls Tuesday; lender owns loan terms; referring agent checks contact Wednesday.”
FAQ
Should the referring agent quote the client’s rate?
Share only client-authorized context needed for the handoff, label the source, and avoid presenting it as a current offer or recommendation. The lender owns loan terms and qualification.
Should a Loan Estimate be emailed with the referral?
Not by default. Share only what the client authorized and use an approved secure channel when a sensitive document is genuinely required.
When is the handoff complete?
After the receiving agent confirms contact, scope, and the next real-estate action—not when the introduction is sent.
Primary sources and limits
General brokerage education only. Referral duties, privacy, license status, agency, compensation, and professional scope are fact-specific and may require broker or counsel review.
Build the right handoff
Start with consent, role clarity, and a named next owner.
Request a scope conversationInactive vs. referral status · Referral status and Form 505 · All briefs
