Money paid to a person for finding someone interested in selling or buying property. To conduct any negotiations of sale terms, the finder must be a licensed broker or he violates the law. Back to the Top
A sum paid to an individual for finding or establishing the contact that makes a financial transaction possible. For example, a large borrower may pay a finder's fee to an individual who knows of an insurance company that is willing to and does lend funds to the borrower.
A fee charged by an individual or company acting as an intermediary in a transaction.
A fee a person or company charges for service as an intermediary in a transaction.
A fee paid to someone for "finding" either the buyer to purchase or the seller to list a property.
A fee paid to someone who finds a buyer or property for a broker, buyer, etc. The term is sometimes used to attempt to pay a commission to an unlicensed person. Generally, a finder's fee is considered a commission and may only be paid to one who holds a real estate license.
A finder's fee is paid to a mortgage broker for finding a mortgage loan for a prospective borrower.
a fee that is paid to someone who finds a source of financial backing or to someone who brings people together for business purposes; "the agency got a finder's fee when their candidate was hired as the new CEO"
A fee paid by a lender or broker for referring a borrower to a certain lending institution.
A fee or commission paid to a mortgage broker who finds a mortgage loan for a prospective borrower.
A fee agreed to be paid to one person, called a finder, who locates another person, such as a buyer or lender, desired by the party promising to pay the fee. The fee is payable when the deal is consummated. In real estate transactions the finder may introduce the parties, but he may not engage in negotiations unless he holds a real estate broker's or a salesman's license.
A fee or commission paid to a mortgage broker for finding a mortgage loan for a prospective borrower.
Money paid for producing a buyer or seller.
A fee or commission paid to a broker for obtaining a mortgage loan for a client or for referring a mortgage loan to a broker. It may also refer to a commission paid to a broker for locating a property.
Enter the fee paid to someone who brings a borrower to a lender. If this fee is paid by the borrower, it is always included in the finance charge.
A fee or commission paid to a mortgage broker for finding home mortgage loans for a prospective borrower.
A fee paid to someone for producing a buyer to purchase or a seller to list property; also called a referral fee.
Commission paid to a mortgage broker for placing a mortgage with a specific institution.
An agent's (as opposed to agency) fee for finding employment or a contract for a writer. The fee is usually 10-15% of the total billed to the employer and is paid either by the employer or the writer. [See Agent; Agency/Broker; Payroll Service Agency.
A fee in any amount that is paid to someone.
A payment made by one party to another for locating a prospect. This payment is often used in the financing of real estate when a mortgage banker locates a lender willing to loan money to a borrower. In addition, in most states real estate brokers may legally split a real estate sales commission with another broker who was partly responsible for bringing about the sale. However, an unlicensed person may not legally accept a finder's fee from a real estate broker since by doing so the unlicensed person is brokering real estate without a license and is thus in violation of licensing law. The term is also known as a referral fee.
Money paid to someone other than a real estate broker who locates suitable property or a purchaser for a property. Illegal or limited in most states.
A fee typically paid to a person for introducing the agent to a potential client or for introducing the parties to a transaction.
A sum paid for producing a buyer or seller.
A fee or commission paid by a lender to a mortgage professional for referring a mortgage loan.
a charge that students searching for a home are sometimes required to pay to a licensed real estate broker. This will vary by agent.
A fee paid to someone who acts as an intermediary for a client in a transaction.
A fee paid to someone who initiates a business transaction between principals.
Finder's Fee is an American film. It was directed by Jeff Probst from his original screenplay. The story is based on an actual event that occurred to Probst.
A finder's fee is the compensation given to an intermediary in a business transaction. Usually, there is a casual relationship between the one party and the intermediary (the finder), another relationship between the finder and the second party, and the two parties of the transaction would not have met if it weren't for the work of the finder.
