How to calculate my referral fee?

How to calculate my referral fee?

I recently brought a buyer and a seller together for this major transaction in the excess of $15000000.00, I received a NCND from my buyer,the seller has not given me any thing in writing that how I am to get paid for bringing this person who bought this property, my buyer however will not and has not gone behind me and contacted the seller, what is a percentage of compensation and how is it calculated, do I charge let's say 1% of the purchase price to the seller? how do I write this up?

any help is appreciated

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You need

to have the seller execute a bird dog agreement that states you are getting your 1% for simply the introduction of a possible buyer.

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Always Looking to Acquire Houses | Always Looking to Amaze Investors


Kathy

If it's a commercial you can ask for 10% if it's an assignment deal for birddog it would be less.....

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John A


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