Finders Fee Agreement

Finders Fee Agreement

I'm looking for a finders fee agreement that I can use to help a client find a take out loan on a commercial piece of property. I'm approaching both the financial institution as well as the borrower. I want to make sure that I get the agreement up front so when I put the two together that I can count on my fee at the close of the loan.

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assignment of contract

What you need is the assignment of contract form. You will have to lock up the deal first then assign it to the potential buyer. Be careful doing it the way you are describing. Unless you have a real estate liscense you could get into some trouble if things go bad. Of course, this does vary state to state.

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assignment of contract

Is there a better way to go about handling an assignment of contract if you do not have a real estate license. I'm in California.


Doing a Finders Fee

You can receive a finder’s fee. This is often called Bird Dogging. This does have an inherent risk of: What if the investor does not pay me? Really the best answer to this is - Well, if they don't pay you don't work with them any more. If that investor wants more business they will pay.

Wrapping the property up with a contract then assigning the contract gives you far more control and you limit the risk of the buyer running. They have to pay you before they even have a chance to purchase - If you set up the assignment right. You can contact a local Title company to get a copy of an assignment contract.

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