Bird Dog fee
I closed on a deal last week that I got from a REIA meeting. The girl did not pitch it to me, but brought it up in conversation. She works for a real estate data company as she learns about REI. Her boss is a broker and he took over connecting me for the transaction. He did NOT represent either party in the transaction. He is representing the sellers as they buy their next property. I basically solved the problem of making the old home with debt go away.
My question is about giving a bird dog fee. I feel like the girl deserves it as she is who truly brought the deal to me. I'ts a longer term deal. The typical bird dog fee around here is $500-$1,000.
Who do you think deserves the bird dog fee(s) & how much...?