Bird dogs

[Alexis S.]

I want to make a CL ad for bird dogs. Is there a certain way I should word it? I don't want to say anything that would seem like Im doing anything illegal. I am still learning. Is there any good articles on how to get bird dogs on your team and the interview process? 

[Joseph King]

To start off, you are not doing anything illegal. In your ad  state that you're looking for motivated people to help assist you in finding deals. Give them your criteria and if you close on the property  pay them a fee (usually $500). 

[David Stone]

Another thing you could try is to make a business card or something with your info and give it to people who are in the areas you are looking to invest.  I have been checking out properties and the neighbor comes over and tells me about more houses where the owner may want to sell.  They get a card.  I hand them out to the mail carriers, ice cream van, or whoever is driving areas and would like to make an extra $500.  

[Alexis S.]

Thank you both for the tips!

[Jake Knight]

Originally posted by @Joseph King:

To start off, you are not doing anything illegal. In your ad  state that you're looking for motivated people to help assist you in finding deals. Give them your criteria and if you close on the property  pay them a fee (usually $500). 

 Been wondering, how can the bird dogs follow up to see if any of their leads get converted to a closed deal? I want to start placing ads for bird dogs soon and I'm not sure how to answer that question. 

[Joseph King]

So I've been a bird dog and it's just simply following up with the buyer via email or phone. But it's on the buyer to notify the bid dog that they closed on the deal.  @Jake Knight

[Jake Knight]

I see. thanks, @Joseph King

[Alexis S.]

For me I plan to send each bird dog an agreement of services. I keep my word even if I didnt have a contract. They should know a deal closed when they receive their money.

[Matt Pritchard]

@Joseph King Thanks for all the great advice on here.  I was searching for more info on bird dogs and you really gave some good info.  

I am curious about the payment side of things. When an investor pays a bird dog, is it typically a check from the investor prior to close (but after the offer is accepted) or following the closing?

[Alexis S.]

from my understanding they get paid at closing and you also give them a 1099. I could be wrong i have yet to pay a bird dog fee