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Updated over 6 years ago,
Would you pay 50% finders fee on a hot deal?
Curious to get some feedback.
If you got you a very hot, very motivated, high equity seller lead appointment that wasn't on market or on anyone elses radar, with a high potential for great margins.... What would you pay? Up to 50% of profit? Seems like a lot of work on the other investors end... but once again these are deals they would have no chance of getting otherwise.
I can find appointments like these all day. Or if that's too high I'm thinking of starting by contacting some veteran investors in my area and saying, "If you go and close them, I'll send you this Cash Offer appointment, that you wouldn't have got otherwise, if you flip it or hold it and rent it I get flat fee $4500. If you list it (for agent investors) I get 25% finders fee.
Just out of curiosity would you go for a deal like that? Why or why not? Thank you!