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Tax, SDIRAs & Cost Segregation

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Miriam Gaddis
  • Real Estate Investor
  • Jacksonville, FL
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Attorney says Birddogs are illegal!

Miriam Gaddis
  • Real Estate Investor
  • Jacksonville, FL
Posted Aug 3 2008, 10:47

Please help. I am an investor and I advertised for help from birddogs, and offered a finder's fee for them to look for FSBOs and represent me. I was sent a cease and desist letter from an Attorney with the Northeast Florida MLS siting Florida Statute 475. The statute deals with real estate brokers, sales associates, schools, and appraisers. He insists that birddogs are doing a realtors job and need a LICENSE, and says I am aiding and abetting if I keep this ad on my website or pay the finder's fee. What gives? Is he siting the wrong law? What law can I site that says birddogging is an exception, or SOMETHING. Anyone know the law out there?

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