Document background
The Buyer Referral Agreement is essential for businesses operating in the Philippines that want to expand their customer base through structured referral programs. This document is typically used when a company seeks to formalize relationships with individuals or entities who can refer qualified potential buyers, establishing clear guidelines for the referral process and compensation. The agreement ensures compliance with Philippine laws, including the Civil Code, Data Privacy Act, and Consumer Protection laws, while protecting both parties' interests. It covers crucial aspects such as referral qualification criteria, commission structures, payment terms, confidentiality obligations, and data protection requirements. The document is particularly relevant in industries where customer acquisition through referrals is common, such as real estate, financial services, and professional services.
