Newbie..fresh from the farm
I am so new, I have not done any bird-dogging or flipping as yet, but am still going at it..and I have a question relating to 2 properties I have located. From an investors board, 2 potential buyers were listed who could be interested in the houses, one to buy and one to lease option from the sellers. My question is what do I do now? How do I structure anything so that I can get money? I am leaning towards bird-dog fees..What do I say to buyers and/or sellers to let them know my status, where I stand and I expect someone to pay me? Help!!![ Edited by Maude on Date 04/18/2003 ]
go get the properties under control first make sure you have a deal (a good deal, we could help you with the numbers) under contract and the buyers will come.....trust me...
yes, contract is step #1 ... once you have that, you can write up an assignment contract and determine your fee in there. Depending on the property value, the fees vary from $2500 to $6,000. You have to make sure theat the buyer will profit enough to want to give you the fee you are asking.