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Updated over 10 years ago on . Most recent reply

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232
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95
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Nazz Wang
  • Investor
  • Maui, HI
95
Votes |
232
Posts

Finder's fee

Nazz Wang
  • Investor
  • Maui, HI
Posted
Hi BP family, What do you typically pay for finders fee? A % of purchase or a fixed fee?

Most Popular Reply

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5,028
Posts
2,573
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
2,573
Votes |
5,028
Posts
Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Replied

Equity can go up or down and if they never sell then you never truly get anything. 

If your helping them to buy homes you might want to form an affiliate relationship with a property provider, most likely a turnkey company and work out a " marketing fee " they you will receive for your " marketing " services.  

Make sure to get it in writing and make sure you get paid at time of closing, otherwise you run the risk of not getting paid.

  • Curt Davis

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