All Topics / Help Needed! / Finder’s Fees

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  • Profile photo of VojinvVojinv
    Member
    @vojinv
    Join Date: 2004
    Post Count: 2

    Hi I was wondering if anyone could help explain to me how you go about charging finder’s fees?

    By that I mean, when you find a great deal, how do you “lock it in”? How do you know that the person you tell about it isn’t just going to do it without paying you for telling them?
    And when you actually get a deal, where do you advertise it?

    I appreciate the help, I’m really keen to get a few finder’s fees deals going as soon as possible.
    Cheers and all the best,
    Vojin

    Profile photo of catacata
    Participant
    @cata
    Join Date: 2005
    Post Count: 559

    Why don’t you put an option on the property?
    Not sure where to advertize though, maybe in a forum on a website like this one.

    CATA
    Asset Protection Specialist
    [email protected]

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781

    No advertising here Cata.

    You might also need to check what qualifications and licences you need to hold before you start selling real estate deals to the public.

    Perhaps newspaper advertising is the way? If you can source a high yield property then a classified ad in a Sydney paper might find investors that have given up finding a decent yield in their own area?

    Good luck to you,

    Simon Macks
    Finance Broker
    [email protected]
    0425 228 985

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

    Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88

    We have just discovered this one “finder’s fees”
    When we worlk into a builder to choose a new house plan to go with a new Home devalopment we are starting.
    We tell the rep we are Finding our selfs and they give us there finder’s fee $1,

    Just my 2cts
    Regards

    http://www.owner.com.au

    Profile photo of catacata
    Participant
    @cata
    Join Date: 2005
    Post Count: 559
    Quote:
    Originally posted by Mortgage Hunter:

    No advertising here Cata.

    Sorry Mortgage Hunter. I was not suggesting to advertise here, but maybe there is another site simmilar to this one which allows advertising.

    Sorry for the misunderstanding.

    CATA
    Asset Protection Specialist
    [email protected]

Viewing 5 posts - 1 through 5 (of 5 total)

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