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Madimel
Joined: 06 Feb 2008
Posts: 163
Location: Scottsdale, Arizona
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 Posted: Tue May 05, 2009 11:23 am Post subject: Standard Practice in the trade? |
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| A builder informed me my old company wanted 6% of their fees in return for referrals of new projects. The fee would amount to around $240k! I was shocked to hear that practice still exists, especially in Arizona. I brought this subject to other builders and all of them told me it is very common especially for architects and real estate agents to request a finder's fee from builders. Have anyone else have this experience? |
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stairs
Joined: 08 Mar 2009
Posts: 11
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| Posted: Tue Mar 02, 2010 10:27 am Post subject: Flooring |
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A builder informed me my old company wanted 6% of their fees in return for referrals of new projects.
Who referrred whom?
I guess nothing is free in life.
The reality is everyoe whats something for a favors , you miegt be able to negotiate the %6 .
From the legal point maybe since there is quite a sum involved you might talk to a layer and see if this is ok. This is not very competitive , maybe client can sue someone.
Good luck.
http://www.davincifloors.com/portfolio.htm
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Eco Friendly Design Hawaii |
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