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Updated about 9 years ago on . Most recent reply

No way to birddog in Texas?
So from the research I've been doing it seems that being a birddog in Texas is illegal. I'm a newbie and was hoping to give this route a try as it seems to be a great entryway into REI investing.
Any other Texans who can confirm that birddogging is a no/no? I know wholesaling is an option and I'm definitely open to that, but being a birddog made sense as a better way to begin.
Most Popular Reply

As long as the person you are birddogging for is not a real estate licensee, it shouldn't be a problem.
Under Texas real estate law, licensees are not allowed to pay consideration for referrals, defined as anything of value, to someone who is not a real estate licensee. But a real estate licensee would know that. And that rule doesn't apply to someone who is not a real estate licensee. (Many wholesalers and flippers are not licensed by TREC).
The bigger question to me is why would you want to do that? As a birddogger you'll make a couple of hundred bucks, maybe $500 tops, IF the person you're birddogging for actually closes on a property you bring to their attention.
If, in the course of your daily activities, you happen to come across a property that you think may be of interest to an investor, that's one thing. But I certainly wouldn't go out of my way to birddog for anyone. You'll be spinning your wheels for very little money.