if a real estate agent acting as intermediary and not representing either party can he collect a finder fee.

if a real estate agent acting as intermediary and not representing either party can he collect a finder fee without engaging his RE license or his broker in California.
In General Area - Asked by Ahmed S. - Apr 7, 2010
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Answer(s)

Michael T.
Broker/Agent
Chicago, IL

If you were a procuring cause for the buyer and seller to complete a deal then you may be able to collect. The main thing is that you need to have one of the parties agree to pay you the fee. Get it in writing!

Apr 8, 2010
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Michal B.
Broker/Agent
Miami Beach, FL

No you cannot collect the fee directly. You can collect your commission as transaction broker and as Michael T. suggested - Get it in writing! but the said commission must go through your broker.

Apr 8, 2010
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Cutting Edge R.
Broker/Agent
Decatur, IL

Make sure you get both parties to sign a "no Agency" agreement stating you are not representing either of them- either of them can pay you a finders fee, but it must go through your broker, and be in writing. You could also simply charge them a paperwork fee and handle the contract for them. I have had no agency forms signed and charged fees to assist with the paperwork.

Apr 13, 2010
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