Do referrals count toward the $5M production minimum? March 20, 2024 13:39 Updated Yes. Referrals are based on production (referring a client to another agent to buy/sell a home) and therefore count. Related articles Can I start a team if our production is below $5M? Elite Agent Program Can I split my commission payments to two bank accounts? Can I run a production report for members of my team? How much does it cost to be a Referral-Only Agent at Real?