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Updated 7 months ago on . Most recent reply

User Stats

8
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Fred Haas
2
Votes |
8
Posts

Compensation for a deal?

Fred Haas
Posted

I can easily find deals. I have over 40 years of land development experience as an engineer so I can assess property pretty quickly.

Anyway, someone came to me with a couple of off-market properties. They were too big for what I am doing so I passed them on to another friend. The people who are selling are interested in being a part of a JV on the development, and my friend found someone who is interested in the property. The next step would be to get these folks together so they can talk. When I contacted the person who originally sent me the property, she asked "how do we get paid on this?" We, being she and I. I thought that was a good question so I am asking you all.

Does anyone have a good idea as to how we get paid for setting this up and what structure needs to be in place for that to happen?

Thanks!

  • Fred Haas
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