All Topics / Legal & Accounting / bird dogging – NSW

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  • Profile photo of Goode1Goode1
    Member
    @goode1
    Join Date: 2004
    Post Count: 3

    Do you need a Buyers Licence in NSW to receive a spotter’s fee? I’ve spoken to numerous solicitors (who aren’t sure). I even rang the Department of Fair Trading (I’m not sure but I suppose you do). Is there anyone who has had a more definite answer and who is carrying it out?
    [wacko]

    Goode1

    Profile photo of MiniMogul

    Hi there!!!

    Of course you don’t need a licence to get a ‘spotter’s fee’ – provided you are not breaking the law.(and whatever ‘spotter’s fee’ might ‘legally’ mean is probably anyone’s guess!)

    This means you might not be able to operate as a buyer’s agent, or do anything as agent – but you may be able to ….

    a) get, and onsell, an option on a property
    b) charge a client for research
    c) charge a client for ‘property consultation’
    d) charge the client for the contact information of a vendor, so that they may directly sign up the deal in their name – i.e. you verbally or theoretically negotiate the deal. Of course you need a vendor you can trust!
    e) flip
    f) flick
    g) start a dating agency, where lonely vendors can meet their true loves – a purchaser – and charge for your ‘dating service’

    ok starting to kid around, but you get the picture. And BTW, feel free to put Fair Trading NSW on to me!

    cheers-
    Mini

    joy to the world

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024

    Mini

    Sorry to put a dampner on your last post but in Qld starting a dating agency now requires a license.

    Everyhting else on your list sounded fine.

    Cheers Richard
    richard at fhog.com.au
    http://www.fhog.com.au

    There is no such thing as a problem.
    Just a solution waiting to be found

    Richard Taylor | Australia's leading private lender

    Profile photo of MiniMogul

    Oops! Really! well best I immediately cancel the late-night tv advertising campaign then…hehe

    joy to the world

Viewing 4 posts - 1 through 4 (of 4 total)

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