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General (main property discussion here) - Finders fees

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Luke Rafferty
Fri 13 Oct 2006
11:02
1 posts

Hi,

Recently I've come across several people who want to sell their property privately, for speed, to avoid fees etc. I know of some likely buyers and wanted to 'sell the deal' to these investors. I'm not sure how much of a finders fee to charge. I was hoping for 1000, does this sound reasonable?

thanks Luke

tom harwood
Sun 15 Oct 2006
16:58
386 posts

£1k seems reasonable if it is a researched deal.

tom

Dave Graham
Thu 16 Nov 2006
00:19
29 posts

....how's about you write into the contract that you get 1.5% on completion, sound very fair to me.

ed
Thu 16 Nov 2006
11:14
13 posts

Can I just say that i get really angry with all these people that want something for nothing.

I have recently bought my first three properties. I paid RW PROPERTIES a small fee of £400, and they have been invaluable. The lady I dealt with knows all there is to know. I would much rather pay her £400 and save myself from loosing shed loads of thousands because I got it wrong or listened to free advise usually from people who've no more than a couple of properties themselves.

I bought one property through this company and two through others but all the way through i was helped and made to look at things realistically. I wasn't pushed into taking anything through them, i was and continue to be given brilliant advise, about all my investments which seems to work so far, irrespective of where i get the properties or the mortgages from.

I would advise anyone to speak to them. I'm not going to say give me your details and i will put you in touch, because to be honest there is no prize for me!!!

I just think people ought to contact them.

Sorry I went on a bit

Ed

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Forum:General (main property discussion here)
Subject:Finders fees
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