Something that can get in the weeds and tricky is a finder.<\/p>\n
First, finder’s fee aren’t always the most kosher way to do things for every deal.<\/p>\n
A business transaction is different from a real estate deal. Sometimes they go together in a deal and you must check off boxes.<\/p>\n
A real estate deal has to go through proper protocols and chains, meaning brokers co-broke the deal with proper agreements in place that indicate a referral fee, and the state where the property is located controls the proper broker that is entitled to receive the funds from the deal.<\/p>\n
Other types of transactions might be okay or might be more complex requiring other licenses to sell securities.<\/p>\n
But, in layman’s terms finder’s fees are acceptable in many scenarios, and frankly, most large deals do not come about without several intermediaries making connections.<\/p>\n
A $300m real estate deal usually happens with a broker having a contacts who has a contact who has a contact that gets the full amount in for a JV partnership or an outright buyout.<\/p>\n
Rarely does a broker who secures the listing get the actual buyer to fund the entire deal too.<\/p>\n
We do engage other firms to work with us on deals and typically that results in a finder’s fee of some sorts.<\/p>\n
If we do so there are a few ways this goes down.<\/p>\n
One way is for a basic agreement where it is a co-broker agreement.\u00a0If the person is a real estate agent, then it becomes a whole lot simpler to do a business sale or real estate deal with a finder who is licensed in that state. If they are not a real estate agent, then that is where it can get trickier, because every state has its own rules. It doesn’t mean you can’t get paid through the form of a consulting fee but you need to discuss with an attorney what the appropriate thing is.<\/p>\n
Another way<\/p>\n
If you want to work together on a deal, we would love to see what you are working on and see how we can help you . Reach out to us.<\/p>\n
Phone – (800) 773-1523<\/p>\n
Email – acquisitions@Jarbly.com<\/p>\n","protected":false},"excerpt":{"rendered":"
Something that can get in the weeds and tricky is a finder. First, finder’s fee aren’t always the most kosher way to do things for every deal. A business transaction is different from a real estate deal. Sometimes they go together in a deal and you must check off boxes. A real estate deal has […]<\/p>\n","protected":false},"author":1,"featured_media":4224,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36,286],"tags":[439,437,433,438,435,434,436],"class_list":["post-4124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-acquisitions","category-acquisitions-sell-side","tag-are-finders-allowed-to-get-a-finders-fee-in-an-acquisition","tag-can-a-finder-get-a-fee-in-ma","tag-finders-fees-ma","tag-how-do-i-get-a-finders-fee-in-ma","tag-ma-commission-fee","tag-ma-finder-fee","tag-procuring-a-sale-in-ma"],"yoast_head":"\n