Typical Fees

[Ashlee Fazio]

Just wondering what are the typical fees that wholesalers and/or bird dogs charge their cash buyers? I am from the Hudson Valley, NY but any advice would be helpful! Thank you!

[Will McGuire]

Be very careful using the term "Bird-Dog." As I understand it, this is when a buyer is brought to a seller on a property. However, you need a RE License to bring buyers to a seller.

Wholesaling is different because you are contracting for yourself to buy the property, then selling your stake in that contract to a third party in exchange for a small fee.

I know it seems like semantics, but I think it is an important distinction to make as you can get into trouble for "bird-dogging" without a license.