Updated about 9 years ago on . Most recent reply
Typical Fees
Just wondering what are the typical fees that wholesalers and/or bird dogs charge their cash buyers? I am from the Hudson Valley, NY but any advice would be helpful! Thank you!
Most Popular Reply
Be very careful using the term "Bird-Dog." As I understand it, this is when a buyer is brought to a seller on a property. However, you need a RE License to bring buyers to a seller.
Wholesaling is different because you are contracting for yourself to buy the property, then selling your stake in that contract to a third party in exchange for a small fee.
I know it seems like semantics, but I think it is an important distinction to make as you can get into trouble for "bird-dogging" without a license.