Seller Agree to Pay Finder Fee

Hi Everybody,

I am new to this business. I have found one invester who want to sell his house and agree to pay me finder fee. I will really appreicate if anybody explain me and guide me what next i need to do to make it happen.

Thanks

Best Regards to All.

Arif

That’s easy…find him a buyer! Follow up and make sure you get paid when it closes. Wouldn’t hurt to get your finders fee in writing in the form of a simple agreement.

I second that advice, too. You need to get it in writing from the seller, which would either be an assignment of contract, or a consult fee agreement. How much is he willing to give for a finders fee?

DataComm,

Here’s what you need to do:

  1. Get an flex option agreement for a negotiated price, the lower the better of course. This will give you the ability to market the property legally.
  2. Market the property to your buyers list, if you don’t have a buyers list post it on Craigs List, Backpage & Kijiji using Hotpads or Postlets. Post bandit signs around a 1 mile radius of the property. Place an ad in the local news paper.
  3. Secure the buyer, make sure you add this clause to your contract “Contract Subject to Marketable Title”
  4. Secure a Purchase Contract with the seller for the agreed amount.
  5. Bring both contracts to escrow.
  6. Collect your check.

Hope this helps!

Good Luck!
Sean

Get it under contract!! FIND a BUYER / INVESTOR and assign it to them for an assignment fee… That’s only one tactic. My special report is Free & will outline how to do this step by step. Good Luck!