QUICK QUESTION

[PHIL Gibson]

Does anyone have a fee agreement that they use that they would be willing to share.

I have been doing multiple deals with a buyer and its time consuming and not efficient to have him sign a new referral contract for every deal I bring him. I was wondering if there is a fee agreement where the literature states "every deal I bring you, I will get a referral fee of 2%" something along those lines.

[J Scott]

Originally posted by PHIL Gibson:

Thanks for the quick reply. I completely understand walking the line on this one. The literature has to refer to compensation as a consulting fee/services rather than a % and or commission.

A judge isn't going to care what you call it. Your relationship with the principals and the details of the deal are what's going to determine if what you're doing is legal or illegal, not how you name the fee.