How Much Should A Bird Dog Get Paid?

How much should a bird dog get paid?

What should they do in order to be paid that fee?

If they bring a property under contract to a buyer what would be the appropriate price then?

How should an agreement be outlined to protect the bird dog’s right to receive compensation?

Comments(3)

  • jeff1200228th November, 2003

    Your question really depends on a few things.
    Are you just generating leads?
    Are you pre-qualifying the sellers?
    Are you setting appointments?
    What does it stipulate in the contract between you and the person you're bird-dogging for?

    You will probably have a different relationship with different buyers that you work with. If I an presented with an appointment to sit down with a pre-qualified seller, that has a property that fits my investment criteria, I'd be willing to pay more that if I were presented with a Phone Number and a name.

    The value of the property -vs- the price it can be acquired for can also have an effect on the price I'd be willing to pay.

    In my market, about $1,000 is tops. If I buy the property, and it was a good lead with an appointment..

  • InActive_Account28th November, 2003

    Thank you for the feedback. I want to organize a "bird dog group" in Chicago. I want to make a fair compensation structure and pool the efforts of individuals to create a much larger resource. Any suggestions would be appreciated.

  • jonesoe3028th November, 2003

    Look into John $Cash$ Locke's Big Bucks Bird-Dogging E-Book. It's a great reference on bird-dogging.

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