Broker's Fee

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January 1, 1 5 min read Definitions

Finder's Fee Real Estate Transaction Facilitation Commission Broker's Fee Property Transactions Real Estate Regulations Transaction Brokerage

A finder's fee refers to money paid to an individual who identifies or connects a buyer and seller or lender and borrower, facilitating a transaction. While finder's fees are permissible in certain jurisdictions under specific conditions, they cannot be substantial and get mistaken for a broker's commission.