Legal Question in Real Estate Law in California

can an individual living in the builder's new neighborhood recieve a finder's fee from the builder of new homes in Sacramento, CA for referring others to buy?


Asked on 12/01/09, 10:42 am

2 Answers from Attorneys
Melvin C. Belli The Belli Law Firm

If they agree to it you can. However make sure you get any such agreement in writing and keep track of your referrals.

Good luck.

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Answered on 12/06/09, 12:32 pm
Bryan Whipple Bryan R. R. Whipple, Attorney at Law

It is legal for a person not holding a real estate license to receive a finder's fee, so long as the services rendered for the fee do not include any activity or involvement for which a broker's license is required. The forbidden activities would include advertising, solicitation of offers, and negotiating any pricing or other deal terms.

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Answered on 12/06/09, 12:44 pm


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