A method and system for creating, managing and procuring future real estate agreements. The present method and system facilitate payment of a referral fee to a real estate service provider, such as a developer or builder, based on a future real estate agreement. The system and method may be embodied in a computer system, e, g., Future Realty System 200. The future Realty System 200 allows electronic records describing the future real estate agreements to be created and stored in a relational database, e.g., Future Realty Database 210. The Future Realty System 200 and Database 210 are adapted to receive and monitor information regarding proposed, pending and closed real estate transactions to determine when an obligation under a future real estate agreement becomes due.