Patent ID: 6314404
Filing Date: 2001-11-06
Classification: G06Q

Abstract:
A method for managing real estate brokerage referrals by a broker for residential real estate rentals by a potential tenant comprising:(a) generating geographically categorized real estate listings for review on a potential tenant's computer data processor by the potential tenant from a database of the generated real estate listings on a broker computer system;(b) presenting the listings to the potential tenant on a potential tenant computer data processor for review and selection by the potential tenant of a desired apartment complex within a geographical location;(c) generating on the broker computer system by the potential tenant inserting the potential tenant's name on an individual online brokerage referral fee agreement specific to the potential tenant and specific to the desired apartment complex and specific to the broker who is not the potential tenant for future acceptance by an agent for the desired apartment complex;(d) accessing the online brokerage referral fee agreement by the potential tenant on the potential tenant's computer data processor for which there is no other interaction between the potential tenant and the broker for creation and execution of the online brokerage referral fee agreement;(e) delivering by the potential tenant to the agent for the desired apartment complex the brokerage referral fee agreement for acceptance by the agent for the desired apartment;(f) signing the referral fee agreement by the agent and returning to the broker and a referral fee identified in the referral fee agreement is paid by the agent to the broker when the potential tenant signs a real estate lease for a rental unit; and(g) the broker providing the potential tenant with a previously promised inducement benefit package after the potential tenant signs the real estate lease.