Question - JV agreement with mortgage brokers

I haven’t Mortgage Broker that is bringing me clients and they typically charge their 1% on top of our fee. But we have a multimillion double clothes. He’s bringing to the table and doesn’t want to charge the client, which is his friend one percent on top of our fee and would like to have a referral fee from me instead. And I’m totally fine with that.

My question is on the JV agreement, would you specify that the referral fee is only provided if he is not charging his Mortgage Broker fee to the client?

And a separate question is how would you do your referral fee with somebody like this? Would you still provide them a referral fee even if they’re charging the client they’re one percent Mortgage Broker fee?

If you have a DV agreement with the Mortgage Broker and are open to sharing how you put that document together with me, I greatly appreciate it!

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Question - JV agreement with mortgage brokers