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Updated over 3 years ago, 04/09/2021
Advice for Bird Dogging - Finders Fee
Funny situation I am in but I'm running with it. A relative in my family is selling a property in Massachusetts and it has a shared driveway with another lot/house. Both my relative and the other property owner want to sell and I have recently connected with an agent who has a lot of Buyers/developers interested in the property. This will be an off market deal and I don't have a prior relationship with this agent, but he seems to be a straight shooter.
I am curious as to the best way to navigate this deal while solidifying a finders fee for bringing a 2.4 mil deal together and bringing it to this agent who will be representing both Buyer and Seller.
I am not an agent, just a MF investor who is just starting out. I would love to explore the wholesaling side of REI but am focusing on MF buy and holds at the moment.
It is a great opportunity in my mind to learn a bit about the ins and outs of wholesaling but want to get everyones opinion.
Kind Regards,
-RT