finders fee

finders fee

can some one explain how a finders fee works.thanks

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Do it.

This just caught my eye.

Use it if you can. go to google and search "real estate finders fee agreement"

I just did the search and it brought up a few.

but more importantly you need a non circumvent agreement.

again just search and you will get it.

Good luck

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If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125


Finders Fee

Thanks Eric for your input on the way to find a contract to make sure we are covered when we refer a property to our buyers. I just wanted to add to Eric's input about how the finders fee works.
A finders fee is negotiated between you and your buyer. You can give them a flat rate or you can determine a percentage of the profit that your buyer will make. (1% - 3%)
Its very important that both you and your buyer know what your fees are going to be and get it written down with in your contract.
Example: If you charge 5k on every deal you find, then you would state the address of the property and your fee of 5k in the non circumvent contract. There is no doubt about the amount you will get paid.

__________________

If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125


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