Peter Conti and Jerry Norton's $10,000 FINDER'S FEES!

[Lokesh W.]

Hi,

My realtor wanted to enroll into this program of Peter Conti and Jerry Norton where they would offer a $10,000 finder's fee for finding properties for rehab. While I had posted a question about their Residential Backflip program and did not get a good feedback, I wanted to post this for my realtor, who is curious about the program.

In this finrder's fee program, we have to buy some prodcuts from them for $1000, which will list some criteria about the properties and pay $7 a month to stay in the program. Once we find a property, they will rehab and resell it. We get a finder's fee equivalent to realtor's commissions.

Anyone tried this system (or someone you know tried this program)?? PLease provide feedback...

Thanks

[James Gefke]

Hi Lokesh,

I really can't comment on that program specifically but don't really understand why one should have to pay someone else money to find them deals. Seems kind of backwards to me.

Most likely their program will give some formula on how to evaluate properties and they can simply reject deals you bring them if they don't like them. You can find out plenty of similar info on this forum for free.

I am an investor in Milwaukee and I will gladly pay you a finder's fee of $10,000 if you negotiate a good enough deal that leaves enough spread for that to occur.

As an added bonus I won't even charge you a $1000 up front and a monthly fee for you to bring deals to me:)

Feel free to PM me if you want to talk sometime.

Good luck!