Referral Program
Welcome to the Cosmo Referral Program (the "Program"). These Terms & Conditions ("Terms") govern your participation in the Program. By referring clients to Cosmo ("Referrals"), you agree to comply with these Terms.
1) Referral Rewards
Referral Partners are eligible to receive a reward of $2000, which can be provided in one of the following ways:
- A pre-paid Mastercard
- Direct payment via invoice to Cosmo
Existing Cosmo Owners will receive a $500 credit on their disbursement.
2) Successful Referral Criteria
A "Successful Referral" is defined as a referred property owner who:
- Signs up with Cosmo
- Completes their first booking, which is defined as a guest checking out after a confirmed stay
3) Payment Terms
Referral Partners can choose to receive their reward via:
- A pre-paid Mastercard
- Direct payment by invoicing Cosmo within 90 days of the referred owner completing their first booking
Owners will receive a $500 credit on their disbursement after 90 days of the referred owner completing their first booking.
4) Fast-Track Bonus & Standard Payout (For Referral Partners Only)
Fast-Track Bonus (If Client Signs Up & Is Ready to Go Live Within 7 Days)
- If the referred client signs up and is fully onboarded within 7 days, we will fast-track 25% of the commission ($500) for payment 30 days after onboarding
- The remaining 75% ($1500) will be paid after 90 days, provided the client remains active
Standard Payout (If Client Takes Longer Than 7 Days to Go Live)
- If the referred client takes longer than 7 days to sign up and be ready to go live, the full commission ($2000) will be paid after 90 days, provided the client remains active
5) Eligibility Requirements
To participate in the Program, the following conditions must be met:
- The Program is limited to existing Referral Owners, Real Estate Professionals and Property Buyers within Australia
- Fast-Track Bonus & Standard payout is restricted to Referral Partners only
- Self-referrals (referring your own property) are not eligible for rewards
- The referred owner must be new to Cosmo
- Referral Partners must be registered in the Program before making a referral
No rewards will be issued if:
- The referred owner fails to complete onboarding
- The referred owner does not receive a completed booking
- The referred owner's calendar must remain 100% open for the first 90 days
- If the referred owner cancels or becomes inactive before 90 days, no further payments will be made
6) Program Terms & Conditions
- Cosmo reserves the right to modify, suspend, or terminate the Program at any time
- All referral activities are subject to review and investigation
- Cosmo may adjust referral rewards at its discretion to ensure fair distribution
- These Terms are subject to change without prior notice
- A 12-month non-compete agreement applies to all Referral Partners
By participating in the Cosmo Referral Program, you acknowledge and agree to these Terms & Conditions.
Last updated: 20 February 2025