Bird Dog Consulting Agreement

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Real estate bird dogs find property leads for us investors.  Without a doubt, a good bird dog can become the investor’s best friend.

Here’s a free Bird Dog Consulting Agreement that you can download to protect both you, the investor and you new best friend, the bird dog.

 

Remember, this is a sample agreement only.  If you decide to use this, or a similar agreement, make sure that you have your real estate attorney give it a once over!

What’s your experience with bird dogs?  Use them?  Or no?  I’d love to hear your thoughts and comments on the use of bird dogs below.

And, as always, thanks for reading BillOnBusiness.net.

 

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5 Comments

  1. Sharon Vornholt says:
    November 28, 2012 at 5:00 PM

    Hey Bill – I love the form. From looking at it, I would think that this gets rid of the whole discussion on whether or not birddogs can operate legally since they are “consultants”.

    Re: the percentages. Are you talking about packages of properties?

  2. Bill says:
    November 28, 2012 at 11:46 PM

    Glad you like the form Sharon. You’re talking about the percentages in 3(b), right? This means that if a Consultant introduces the investor to a realtor and the investor uses the realtor in a transaction the consultant would be paid 0.5% of the net proceeds of the deal for the first 5 properties closed with that realtor. For properties 6 – 10 the fee goes to 1.0% of net proceeds, and so forth. The way the contract reads, if there was a package of 6 properties in a realtor deal the consultant would be paid 0.5% on 5 properties and 1.0% on the 6th. Does that help? 🙂

  3. sherril says:
    November 1, 2019 at 3:35 PM

    hi Im looking for the Master Lease Option Agreement. They are elusive or ?

  4. Bill says:
    November 1, 2019 at 3:48 PM

    I responded to your email 🙂

  5. Scott Svendsen says:
    July 24, 2021 at 1:20 PM

    Hi Bill. About 3 years ago myself and Ron Stephens attended a seminar in Nashville out by the airport. I started looking on Loop Net and talked to a few realtors and did a couple of LOIntent. My job took up 5 days per week and just couldn’t continue.

    Now I work 3 1/2 days per week and want to get involved again. Advice? What would you suggest I do to get brought up to speed again?? Thanks Bill!!!

    Scott Svendsen. 408-835-9403
    docscotts959@gmail.com 5274 Cribari Corner San Jose CA 95135