Is it illegal to birddog or recieve a finders fee in california? I dont know, and I do not want to be doing anything illegal.
Thank you so much for the help!
Sincerely,
Joe
Finders fees are legal in California as long as you don’t cross over into licensed activity.
The only other law that comes into play is often times in a finders fee situation may be in violation of RESPA so you need to google the federal act and read it to see if it applies to what you want to do.
As a matter of reality, I never heard of anyone being nailed for bird dogging and finders fees.
I pay people birddog/finder fees here in California.
As far as I know there is nothing illegal about paying someone as long as that person does not cross over to what would be considered licensed real estate activity.
No that’s not illegal in California. But don’t represent yourself as an agent to avoid legal issues. If you are interested in other part of business get a licence.