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An example of a finder's fee is a mortgage company looking to sell its old computer system. If someone connects the company with a potential buyer for the computers, that person could receive a finder's fee.
A finder's fee is a commission paid to a person who identified for, brought to the attention of, or facilitated a business transaction between interested parties.
Finder's fee agreement template The template should include crucial details such as the scope of work, duration of the agreement, payment terms and conditions, and responsibilities of each party involved. It is important to ensure that this agreement adheres to legal requirements in your state or country.
A referral or finder's agreement to be entered into by a seller of goods or service provider to pay a referral fee, also called a finder's fee, to anybody who makes an introduction or discovers an opportunity that results in a sale.