OfflineI recently started looking for a good "finder's fee" agreement, aka "bird-dog" one. I couldn't find anything on this site, so I started asking around. Many people sent me in different directions.
Well, after a loooooooong search on the internet, I found 3-4 agreements. I printed them out, combined them, changed them around to suit me better and, here it is!!!
Enjoy! I figured since most of us are looking to do the same thing, you guys can use it too. Let me know what you guys think. Does it sound like a good agreement? Keep in mind, it is 4 pages, so keep reading LOL I tried to protect myself from as much as possible.
Yuri
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-- TIME IS A TERRIBLE THING TO WASTE, SO STOP WASTING IT --
File Attachments
bird dog.doc (28 KB)
Thanks Yuri. I got it! Appreciated
The race isn't given to the swift, but to those who'll endure to the end.
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Hope it helps!
Yuri
-- TIME IS A TERRIBLE THING TO WASTE, SO STOP WASTING IT --
Thanks for the bird-dog agreement and for taking the time to post it here.
Kara
Yuri77. I appreciate you sharing this with us.
Lea
SPR Property Solutions, LLC
Thank you for taking the time of the bird dog post me and thousands other also thanks you.
Bob
A Giant you're welcome. I figured if I am looking for one, then everyone else is.
Yuri
-- TIME IS A TERRIBLE THING TO WASTE, SO STOP WASTING IT --
Thanks Yuri for sharing this bird dog agreement with us. This is one great thing about being part of the DG family. Everyone is just so unselfish to share and willing to help.
Theresa
Yuri, thanks for sharing the "bird Dog" document. "It is only in sharing/giving that we receive." God Bless.
Sandra
"You can never get to the top, if you are not willing to climb. Do not look at the difficulty of the climb, only anticipate the view from the top."
"Can't even walk without you holding my hand." (Song)
"Is anything too hard for the Lord ..." Genesis 19:14
"In all things, wait on the Lord."
"Think not of your own deliverance, but trust in God who will give in abundance."
"When you are down to nothing, God is up to something." Unknown
"Our lives begin to end, the day we become silent about those things that really matters." Dr. Martin Luther King Jr.
You are right. There is a lot of information here that you can collect from everyone.
Good luck.
Yuri
-- TIME IS A TERRIBLE THING TO WASTE, SO STOP WASTING IT --
Long time no speak! How have you been? I see you and Lubertha are on the roll.
Good luck!
Yuri
-- TIME IS A TERRIBLE THING TO WASTE, SO STOP WASTING IT --
Thanks. Just what I needed.
I'm pretty much just getting started in Real Estate, and this helps a lot. 
Thanks Yuri!
I am still kinda iffy what the difference is between Bird Dogging and Assignments. Can you let me know if I have it right?
From my understanding the differences are (in a nut shell):
Bird Dogging
- You already have a buyer lined up.
- Buyer agrees to give a small percentage of the selling price to you as a finders fee.
- You do not mess with any contracts (except the one with the Buyer), you simply just find a good deal for the Buyer.
Assignments
- Have a large Buyers List ready to go.
- Find a great deal.
- Lock it up under an Agreement to Purchase contract.
--- Make an escape clause in case you cant find a buyer.
--- Put "and/or assigns" after your name.
- Start advertising the property to your buyers list with $5,000-$15,000 more than what you locked it up for.
- Once you find a buyer, fill out an Assignment of Contract with the Buyer.
- Walk away with a $5,000-$15,000 check at closing.
Also, don't just limit your ads to your buyers list. The more ways you try to sell it, the more success you will have.
Please correct me if I am wrong, I am just trying to figure out the difference. If I am right, you should be making more money with Assignments since you name your own price.
Dominic
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Thanks Yuri I am just starting out so this will help .
Thanks again Kevin