Finders fee contract with seller??

[Barton Louie]

Question for all you wholesellers!!

In the bayarea I have been having a lot of sellers not wanting to sign the purchase and sale or assignment contracts. They keep insisting that they sell directly to the buyer and will pay us a 10k finder fee. However, without any contracts signed this will not go well. This Bad news waiting to happen and also this is not how I want to do this business!

How do I go about this and should I have the seller sign a finder fee contract instead? What should I do!? Need help.

[Wayne Brooks]

Well, then you are Clearly violating the licensing laws....if you care.