| Have you considered the lucrative opportunity | | | | successful completion of a sale. |
| infinder`s fees? You could become a | | | | After obtaining a properly executed written |
| professionalfinder and earn a fortune from this | | | | contract (whichmay be a simple one page letter |
| alone. | | | | agreement), inform the personby written |
| Alternatively, you could supplement your | | | | correspondence (sent by registered mail) about |
| presentincome with finder`s fees. | | | | thebuyer. Keep all copies of correspondence and |
| A finder is someone who finds something for | | | | other writtendocumentation in case it becomes |
| aperson or business. The amount paid for | | | | necessary to enforce yourrights later. Proper |
| thisservice is called a finder`s fee. | | | | documentation should help you to avoidany |
| What is the difference between a finder and | | | | misunderstandings. |
| abroker or commissioned salesperson? | | | | Just as the business that sells something pays its |
| A broker or commissioned salesperson gets paid | | | | salesstaff, likewise the seller generally pays the |
| apercentage of the sale made. Usually, such | | | | finder`s fee. |
| personacts as an agent for the owner of the | | | | The seller is the one that makes a profit from |
| goods orservices sold. He becomes actively | | | | the sale andso usually is the one that pays |
| engaged withthe sales process, supplying | | | | commissions or finder`s fees. |
| information tofacilitate the sale, negotiates the | | | | However, if a buyer is particularly anxious to buy |
| contract,arranges financing, and completes paper | | | | something,he might offer a finder`s fee. |
| work. | | | | Therefore, it is possibleto collect such fees from |
| On the other hand, a finder simply introduces a | | | | either the seller or the buyer. |
| buyerto a seller for a fee. He does not become | | | | It is possible to find finder`s fees opportunities |
| involvedin the sales process and is not an agent | | | | offeredin magazines, newspapers, and |
| acting onbehalf of the seller. | | | | newsletters. You can findadditional opportunities by |
| The best areas to earn finder`s fees are those | | | | doing your own research. Useyour contacts, |
| inwhich you already have expertise and interest. | | | | reference and phone books at the library,the |
| For example, if you are an expert on airplanes | | | | Internet, persons you know (or don`t know) who |
| and haveconnections in the aviation industry, you | | | | might havethe information you need, as well as |
| could earnfinder`s fees finding suitable planes for | | | | other sources to find whatis needed. |
| those needingthem. | | | | For example, if someone tells you they can`t find |
| You can earn finder`s fees in many areas | | | | a pilot withan airplane outfitted with geophysical |
| includingequipment (used or new), equipment | | | | survey equipment,have you considered talking to |
| leasing, findinglocations for franchises or vending, | | | | airport employees, pilots,business acquaintances, |
| scarce materials,commodities, financing, et cetera. | | | | exploration companies and manufacturers? |
| Connections are the inventory of a finder. You | | | | Make sure that all your communications and |
| are beingpaid to find something of value by | | | | dealings |
| someone who doesn`t knowwhere (or doesn`t | | | | (telephone, correspondence, letterheads, |
| have the time) to find it. Your knowledgeof | | | | contracts, et cetera)reflect the professional |
| where and who to get something from is | | | | nature of your business. |
| invaluableinformation that people are willing to pay | | | | You must be willing to do the necessary legwork |
| for. | | | | and researchrequired to earn your finder`s fee. As |
| Protect yourself with written contracts. Also, | | | | well, you must projecta business-like, professional |
| document allefforts you have made to earn your | | | | image and protect yourself withwritten contracts |
| finder`s fee. | | | | and other documentation. Above all, you |
| Before you introduce a buyer to a seller, have | | | | mustfollow through and diligently apply what you |
| the selleracknowledge in writing that they have | | | | have learned. Inthat way, you, too, will become a |
| agreed to pay you afinder`s fee of so much upon | | | | highly paid professional finder. |