What is real estate bird-dogging? What is a REI Bird-dog?Find out all the answers you need with our
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In nature, a bird-dog sniffs out, hunts down, and points to that which the hunter desires. A real estate investor bird-dog, in similar fashion, hunts down what the investor desires. As a bird-dog you are hunting for a property for a real estate investor to buy. The investor pays the bird-dog for his or her finds. Bird-dogs make from $500-thousands of dollars per find!
How does this work?
Real Estate Investors would prefer to just buy a property without having to find a seller. So they have bird-dogs do it for them. They pay you a percentage of the sale of the house as a finders fee. If you're thinking that is a lot of money for an investor to give as a fee, you are not thinking like an investor. To an investor, their time is their most important asset, not a tiny portion of a sale. You will not make less than 500 dollars per find and you can easily make thousands on just one find!
How do you become a REI (real estate investor) bird-dog?