When can a finder's fee be paid?

State law may determine when a finder's fee can be paid in certain transactions, including those that involve the purchase or sale of real estate. A finder's fee is money paid to someone for helping facilitate a transaction. This is a general definition; specific definitions of finder's fee can vary by industry.

What is a finder in real estate?

Finders are professionals who discover individuals who want to buy or sell the property. These fees occur through collaboration with licensed real estate professionals and brokers. Those within the real estate profession maintain continuous relationships with their clients and agents.

Is finder free?

Finder is free to use, and always will be! We don’t sell your information to marketers, or harass you with annoying phone calls. Plus, we don't mark up prices or apply additional fees. We’re on your side!

What is the difference between a finder and a referral professional?

Referral professionals differ from finders because they help negotiate deals and sell properties. The fee of finders also varies from that of referral agents because referral fee percentages are standardized. This occurs because referral agents work with active agents and industry contacts.