Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago, 07/24/2017
How to successfully go through with a Finders Fee
Good morning, I'm new to BP and investing as well. I've been networking and recently came across someone who recently decided they want to sell their home(FSBO). It's an off market deal so I would like to take advantage of the opportunity. With comps in the area for more than double the asking price, I see there's an opportunity to make some cash that I can use to find the next deal.
How can I get a piece of the pie? Would this be similar to a finders fee? Is it illegal? Should I work with a realtor to broker the deal? Are there any RE agents who specializes in the West Philadelphia market