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Updated over 7 years ago,

John Payne's profile image
John Payne's profile image
John Payne
  • Real Estate Broker
  • from Colorado Springs, CO
  • Member since Aug 31, 2013
  • Posts 28
  • Votes 10
  • Experience 16 Yrs
  • Investments 1
Connect

User Stats

28
Posts
10
Votes
John Payne's profile image
John Payne's profile image
John Payne
  • Real Estate Broker
  • from Colorado Springs, CO
  • Member since Aug 31, 2013
  • Posts 28
  • Votes 10
  • Experience 16 Yrs
  • Investments 1
Connect
John Payne
  • Real Estate Broker
  • Colorado Springs, CO
10
Votes |
28
Posts
Tax, SDIRAs & Cost Segregation

FSBO looking to give referral fee

John Payne
  • Real Estate Broker
  • Colorado Springs, CO
Posted

If I'm conducting a FSBO transaction (I'm not an agent), and I post a craigslist or Facebook ad to pay $500 to anyone (who is not an agent) who can refer a qualified candidate to purchase (rent, lease option, etc) the property while being contingent on the deal closing paid in/out of escrow...am I, the referral person, or the buyer in violation of the law?

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