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Updated over 8 years ago,
Wholesaling finder
Dear BP members. First I would like to thank all the members, organizers, developers and contributors that bettering this "Gold Mind" named @BiggerPockets. Kudos to @Joshua Dorkin and @Brandon Turner that make the Podcast better and better episode after episode.
I am trying to bring a potential buyer to a deal that I got from another wholesaler. I just don't know how to create a contract between the potential buyer and myself, to get a fee for my service. I have contacted the wholesaler and he said that I should add my fee to the purchase price.
Do I need to have a contract with my potential buyer?
If so, what kind of contract?
What's the average fee that one can charge in CA (California, Los Angeles county) for finding an off-market deal?
And, are there any legal issues, grey zones in transaction as such?
Thank you for taking the time to read and respond!