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An agent received a $1,000 referral fee from a title company for referring his business to them. This fee is:

User Krg
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Final answer:

The referral fee received by the agent is part of their business revenue.

Step-by-step explanation:

The referral fee received by the agent can be considered as part of the business revenue. It is a financial transaction where the agent is compensated for referring their business to the title company. This fee is usually paid based on a percentage of the revenue generated from the referred business or as a fixed amount.

User MasterM
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