Posted by JohnK(Ca) on April 01, 1999 at 23:14:04:
Mark,
There was a discussion about finders fees just this past week I believe. You can ck. the archives to see what comes up. As I see it it is ok to pay a “bird dog” fee to some one who finds a potential deal for you however they can’t enforce collection of it. There didn’t seem to be a clear consensus on this.
I will pay a referral fee.
JohnK(CA)
Re: ??Finder’s Fees in Calif.?? - Posted by Bill K. (AZ)
Posted by Bill K. (AZ) on April 01, 1999 at 23:39:33:
Mark,
John is correct. What I got from the recent discussion is that it it OK to PAY finder’s fees; however, only licensed agents can actually win a judgment to COLLECT a finder’s fee.
I, too, will advertise for “bird dogs” and pay finder’s fees.