Nathan Payne shows how to collect a referral fee on a real estate deal using PayPal invoices and PandaDoc signatures. He splits a $30,000 fee into $20,000 at closing and $10,000 after refinancing, then sends the signed invoice to the title company to process payment.
. But right now, guys, I'm going to show you guys how to get paid on a real estate transaction that you did not wholesale. Again, you do not have to wholesale. All right. So let's go right here. So how do you fill out an invoice to get paid? All right. It's pretty simple. You can just go to Google and go to invoice and get like a little form and fill out. I have PayPal. So it's really easy. I just go to create, go to home, and then I go to where it says invoicing and I create an invoice and I put new customer. Put the guy's name and then I go to the item. So it's going to be a referral fee, $30K, and then we're going to do $20K at close on 12/30/22. And then we're doing $10K, the remaining balance to get paid 2 months from close or when Jason refinances. So pretty simple, nothing crazy on it. Due date, I'm going to put specific date, the 30th for the $20K, and then it states that the remaining balance of $10K to get paid 2 months from closing or when Jason refinances. So then you go here, you go download PDF. So that's what it'll look like. You download it. Then you go to your PDF, your PandaDoc, which is pretty simple. And again, I send this to the buyer to sign. Once he signs it and I sign it, I send it to the title company. And then once the deal closes, the title company will wire me the money.
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