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Updated 5 months ago on . Most recent reply

Deepak Advani's profile image
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Deepak Advani
  • Lender
  • from Riverview, Florida
  • Member since Mar 10, 2015
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Deepak Advani's profile image
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Deepak Advani
  • Lender
  • from Riverview, Florida
  • Member since Mar 10, 2015
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Deepak Advani
  • Lender
  • Riverview, FL
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Wholesaling

Is Finders Fee Legal ?

Deepak Advani
  • Lender
  • Riverview, FL
Posted

over the period of time , we have observed that Individuals or entity get paid finders fee / consulting fee specially on commercial transactions .

I would like some feedback.

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John Thedford's profile image
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John Thedford
  • #5 Wholesaling Contributor
  • Real Estate Broker
  • from Naples, FL
  • Member since Feb 7, 2013
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John Thedford's profile image
John Thedford's profile image
John Thedford
  • #5 Wholesaling Contributor
  • Real Estate Broker
  • from Naples, FL
  • Member since Feb 7, 2013
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Replied

@Kevin Phu if you pay a company for a list of REO's etc that is legal. Paying anyone on a transaction basis requires that person receiving the compensation be licensed.

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