A Finder Fee Contract is a legally binding agreement between two parties wherein one party (the ‘finder’) agrees to identify potential buyers or sellers of a specific type of property, and the other party (the ‘client’) agrees to pay the finder a fee for their services. The finder’s fee compensates the finder for their time and effort in locating the buyer or seller and facilitating the transaction. Finder fee contracts help ensure that both parties are committed to completing the transaction and that each gets what they want out of the deal. By having an official contract in place, all members involved are held accountable and don’t have to worry about being taken advantage of by the other party.