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PIR Real Estate Agent Referral Program

Padre Island Rentals appreciates the relationships of real estate professionals with vacation rental homeowners. For that reason, Padre Island Rentals is offering a commission to real estate agents who refer owners into our vacation rental program.

How to Earn a Referral Commission

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  1. Come ask us for a proforma. Your commission will be based on the Projected Rental Revenue we anticipate we can generate. If a vacation home owner has interest in placing their property in a vacation rental program we will generate a proforma, based on our extensive experience, indicating what the gross rental revenue can be for the property.
  2. Provide us the owner contact information. We will use your name when contacting the owner. Negotiations will begin to enter into a rental agreement with the owner.
  3. Get paid a Commission. Forty-five days after the owner’s property goes live on our website we write a check for two-percent (2%) of the Projected Rental Revenue for the property referred to Padre Island Rentals.

Important Terms and Conditions

  • The commission amount is based on the estimated Projected Rental Revenue we anticipate for the property for a period of one year.
  • A two-percent (2%) commission will be paid to the agent’s broker up to a maximum of $2,000.
  • A commission check will be issued to the agent’s broker 45 days after the property goes live on PIRentals.com.
  • Our Projected Rental Revenue may be adjusted based due to the condition of the vacation home and the owner’s unwillingness to improve the property, excessive personal use of the property by the owner, or other determining factor.
  • If a property is already in the Padre Island Rentals rental program and changes owners, we will pay a maximum $1,000 commission to a real estate agent if the new owner remains in our rental program.
  • If an owner terminates the rental agreement with Padre Island Rentals within 45 days of the vacation home being on our website, no commission will be payable.
  • A W-9 must be submitted to Padre Island Rentals prior to a commission check being issued to the agent’s broker.