Trust Circle Referral is a distinctive platform designed specifically for trusted professionals and service providers. It facilitates the creation of a personal referral network comprised of certified experts in various fields. This network allows you to refer business or receive referrals, earning commissions upon successful transactions. The platform features a user-friendly app for efficient management and tracking of referrals and commissions.
Within the Trust Circle Referral app, trusted professionals and service providers can efficiently manage referrals and commission settings:
Real Estate Professionals, Lawyers, and Mortgage Brokers:
• These licensed professionals can send referrals within their network and set their commission rates for each referral.
• They can receive commissions from other licensed professionals but cannot pay commissions to non-licensed individuals in their field.
Other Professions and Trade Professionals:
• In fields where commissions are allowed, the receiving professional sets their commission rate when they create their profile.
• These rates can be adjusted based on their current workload. For example, a professional who is less busy can offer a higher commission to attract more referrals, while a busier professional might offer a lower commission.
Referral Process:
• Referrals can be directed to a specific professional for a personalized approach or broadcast to the entire community for quicker engagement.
• The app tracks all referrals and their statuses, ensuring efficient management and transparency.
Future Features:
• A new feature for auctioning referral leads in a candle-style English Auction format is under development, providing more dynamic opportunities for professionals to engage with potential clients.
By offering a flexible and transparent platform, Trust Circle Referral empowers professionals to optimize their networking and referral processes, ultimately enhancing their business growth.
Commissions are earned by successfully referring clients within the network. The commission rate is awarded upon the transaction's closure.
Trust Circle Referral is now available for everyone, including trusted professionals, service providers, and clients. It enables users to leverage their professional networks for referral-based commissions. Join our community today and experience the benefits of a trusted, comprehensive referral platform designed for a wide range of industries. Future releases will include additional features to enhance the referral process and expand opportunities for all users.
You can join Trust Circle Referral by receiving an invitation from an existing member or by downloading the app from the Google Play Store or Apple App Store. Once downloaded, create an account and follow the straightforward onboarding instructions to verify your credentials and start building your referral network immediately.
The app categorizes referrals as active, pending, closed or failed. The receiving party to a referral will be notifying the originating party when a referral activity warrants an updated. In addition the originating party can easily ask for an update in the app. This makes it easy to manage the referral process and keep track of the status of each referral.
There is no cap on the number of referrals you can make or the commissions you can earn. However, each referral must be exclusive to one recipient to maintain fairness and efficiency in securing the job.
Your earning potential is directly linked to the commission rates set by your referral network and the transaction values, with no predefined limit.
Earning Commissions
For real estate transactions, commissions are distributed upon the completion of a referral transaction. Payments are typically handled by a settlement agent or title company, in line with industry standards.
For other trades and professionals, commissions are managed through our third-party payment partner, Stripe. To receive commissions, simply link your bank account with Stripe, ensuring secure and timely payments upon the completion of a referral transaction.
Currently, the service is limited to the USA, with plans for future expansion to other regions.
This is one of the features that make our app relevant and unique as when you create your profile you define your work territory you service and will not receive referrals that are out of your territory with that said it is very important that you clearly define your territory by area you want to service, it can be done by city, country or entire state.
No, you do not need to create another profile. The app allows you to add multiple states to your existing profile. After creating your initial profile, you can go to the settings and add additional states where you are licensed to serve. This ensures that you can manage all your licenses and serve clients across different states from a single profile.
Your account dashboard provides comprehensive tracking of your referral activities and commission earnings, including the status of ongoing and completed referrals.
The time it takes for a referral to be confirmed can vary, it could be confirmed immediately. However, if you broadcast the referral to multiple companies in the area, it increases your chances for a quicker response. In general, the confirmation time can be affected by various factors, including the number of individuals or companies that work in the area and their current workload.
You can invite friends to join Trust Circle Referrals by sharing your unique referral link with them. You can share the link via email, social media, text, or other platforms.
You are welcome to use your referral link on multiple platforms to share with your network. However, we encourage you to only invite people that you trust and have worked with to help us build a community of trusted sources. By focusing on referrals from people we know and trust, we can create a more reliable and efficient referral network. We appreciate your support in helping us create a trusted community.
If your friend doesn't sign up using your referral link, they will not be added to your contact list on Trust Circle Referral. However, they can still sign up for the app directly by downloading it from the app stores or though someone else.
It's important to note that even if your friend signs up directly or through someone else, you can still add them to your contacts on the Trust Circle Referral app, as long as you know and trust them. This way, you can easily refer them leads or receive leads from them.
Yes, Trust Circle Referral does have a rating system for companies and individuals, but it's designed to be reliable and accurate. In order to rate a company or individual on the app, you must have used their services through Trust Circle Referral. This ensures that all ratings are based on real experiences and helps maintain the integrity of the rating system. We believe this approach helps users make informed decisions and fosters a trusted community of reliable businesses and individuals.
If you encounter any issues with a referral or commission, we encourage you to contact us as soon as possible. You can email us at support@trustcirclereferrals.com and our team will work to resolve the issue and assist you in any way we can. We take all concerns seriously and will do our best to ensure that all issues are resolved promptly and fairly. Please don't hesitate to reach out to us if you have any questions or concerns.
It's important to maintain a high level of professionalism and ethical behavior when using the Trust Circle Referral app. If we receive multiple complaints or negative reviews about your performance, we may need to remove your access to the app. This is to ensure that we maintain a community of reliable and trustworthy businesses and individuals. We encourage all users to act with integrity and respect when making referrals or working with other members of the community. If you have any questions about the app's guidelines or policies, please feel free to contact us for clarification.
No, your profile is not public by default. It is only visible to those you have added to your network or those who have accepted your invitation to be in theirs. However, if you want to make your profile public, you can do so by completing ID verification and a background check. This option allows you to be visible to a broader audience within the Trust Circle Referral community, enhancing your visibility and referral opportunities.
Note: If you are a licensed realtor, mortgage broker, or lawyer, your profile is automatically public.
Trust Circle Referral takes several measures to ensure the security and fairness of the referral process:
For General Referrals: If the recipient fails to make the agreed-upon payment, we protect your referral by suspending their account or garnishing any pending referral fees they may have.
For Realtors, Lawyers, and Title Companies: There is a legally enforceable referral agreement signed within the app. This agreement ensures that all parties are legally bound to fulfill their obligations, providing an additional layer of security and trust in the referral process.
Auctions will be a future release but here is how it works. This auction is a type of English Auction that uses a candle-style format. Before the auction begins, Trust Circle Referral will announce the start time and a specific time range for when the auction will end. The auction will start with a minimum starting price, and in order to start bidding, users must place a bid that is equal to or greater than the minimum starting price.
Once the auction starts, users may place bids, and the high bid will be displayed on the Auction Details page. It's important to note that users may not withdraw their bids, so once a bid is placed, it cannot be retracted.
If a user wishes to place a new bid while a bid is outstanding, they must enter an amount that is equal to or greater than the current high bid plus the bid increment. This will ensure that the new bid is higher than the current high bid and will be the new highest bid.
The auction will remain open until the end of the specified time range, and Trust Circle Referral will use a candle auction format to prevent bid-sniping. This means that the auction will be extended if a bid is placed within a certain amount of time before the auction is set to end, to allow other bidders to counter the highest bid.
Once the auction ends, the top bidder will be notified and will need to sign an addendum indicating the winning percentage. It's important to note that the winning bidder's broker will also need to sign the addendum. Once the addendum is signed, all client information will be transferred to the winning bidder.
Overall, this auction is a fair and transparent way to determine the highest bidder and ensure that the referral is transferred to the bidder who is willing to pay the most. The use of a candle-style format and bid increments also ensures that the auction process is structured and prevents any potential last-minute sniping.
The referral network on Trust Circle Referral offers both private and public options to ensure flexibility and security for our users. Private Referral Network: In the private network, your connections are secure and visible only to you. This ensures that your referrals and network remain confidential and protected within your personal circle. Public Referral Network: For those who wish to expand their visibility, there is an option to go public. To do this, individuals you onboard must verify their ID, complete a background check (if they will be performing services at a residential address), and upload the appropriate licensing and insurance if applicable for their trade. Going public allows them to be visible to the broader Trust Circle Referral community, increasing their opportunities for receiving referrals.
We are currently vetting third-party partners for ID verification and background checks. Generally, the process involves:
Initiate Verification: Begin the process within the app.
Submit Information: Provide required personal information and documents.
Background Check: Our third-party partner will conduct a comprehensive background check.
Approval: Once completed, your profile will be updated.
This process ensures all professionals and service providers on the platform are thoroughly vetted and trustworthy.
Yes, you can change your commission rates as needed. However, if a deal is pending with your old commission rate, you must honor the original rate for that transaction. This ensures fairness and consistency in the referral process.
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