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Sophie Lavet has started 2 posts and replied 6 times.

Thank you all for the responses! I really appreciate it

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Follow up question here - how were they legally allowed to pay me out a portion of the acquisition fee?

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Thanks Ray!

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I am in North Jersey/NYC area.

I know there are assignment/referral fees for these kind of transactions. I just want to make sure everything is legal.

I am just unsure if my business partner and I would be able to work out a fee paid to us by the investment company - or if we would need a commercial broker involved?

Thanks!

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Hi everyone

I am new to real estate and I recently was hired by a real estate investment firm part time unpaid to help them find off market multi-unit properties. If I was to find them a property and the deal was to go through I would get a portion of the acquisition cost. I no longer work with them due to the fact that I still work a full time job, but I am thinking of venturing out on my own. I have a sales background and wanted to reach out to property owners and then deliver potential off market listings to real estate investors in my area. Only problem is I am unsure of the legal parameters here as I am not technically working for an investor and I am not technically an agent or broker. Would I still be able to be paid an acquisition fee. Thanks in advance for the help!

0 Votes

Hi everyone

I am new to real estate and I recently was hired by a real estate investment firm part time unpaid to help them find off market multi-unit properties. If I was to find them a property and the deal was to go through I would get a portion of the acquisition cost. I no longer work with them due to the fact that I still work a full time job, but I am thinking of venturing out on my own. I have a sales background and wanted to reach out to property owners and then deliver potential off market listings to real estate investors in my area. Only problem is I am unsure of the legal parameters here as I am not technically working for an investor and I am not technically an agent or broker. Would I still be able to be paid an acquisition fee. Thanks in advance for the help!

0 Votes