Editing 1course Real Estate (section)

==== Getting Paid as a Bird Dog ====
Earning money as a bird dog requires clear agreements and effective negotiation. Here’s how to ensure you get paid:

# '''Negotiating Fees:'''
#* '''Standard Fees:''' Understand the standard bird dog fees in your market, which typically range from $500 to $5,000, depending on the deal size and complexity.
#* '''Fee Structure:''' Negotiate a fee structure with your investors before presenting deals. Some investors prefer a flat fee, while others may offer a percentage of the profit.
# '''Structuring Payment Agreements:'''
#* '''Written Agreements:''' Always have a written agreement outlining the terms of your fee, including when and how you’ll be paid.
#* '''Payment Triggers:''' Specify the conditions under which you’ll be paid, such as upon the investor closing the deal or upon the sale of the property.
# '''Ensuring Timely Payment:'''
#* '''Professionalism:''' Maintain a professional relationship with your investors to build trust and ensure timely payment.
#* '''Regular Follow-Up:''' Follow up on payments as needed and keep detailed records of all deals and agreements.