# Finder's fee
**URL:** https://www.mineralrightsforum.com/t/finders-fee/26149
**Category:** General Mineral Rights Discussion
**Created:** [December 30, 2017, 9:07pm UTC](https://www.mineralrightsforum.com/t/finders-fee/26149 "2017-12-30T21:07:23Z")
**Posts on this page:** 9
**Page:** 1
### Author:  [@D\_Scott\_Elliott](https://www.mineralrightsforum.com/u/D_Scott_Elliott)
#### Post date: [December 30, 2017, 9:07pm UTC](https://www.mineralrightsforum.com/t/finders-fee/26149/1 "2017-12-30T21:07:23Z")
I would like to know if there is a generally accepted fee or customary finder’s fee calculation based on the value of a (NPRI) royalty property sale, paid by the buyer to the finder.
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### Author:  [@Buddy\_Cotten](https://www.mineralrightsforum.com/u/Buddy_Cotten)
#### Post date: [December 31, 2017, 8:08am UTC](https://www.mineralrightsforum.com/t/finders-fee/26149/2 "2017-12-31T08:08:05Z")
It is totally negotiable. Most that I have been involved with have a sliding scale finder’s fee.
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### Author:  [@D\_Scott\_Elliott](https://www.mineralrightsforum.com/u/D_Scott_Elliott)
#### Post date: [December 31, 2017, 3:20pm UTC](https://www.mineralrightsforum.com/t/finders-fee/26149/3 "2017-12-31T15:20:53Z")
Thanks. I also noticed a thread on the forum that mentioned a law limiting finder’s fees to \< 10% in Texas.
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### Author:  [@Yvonne\_McMahon](https://www.mineralrightsforum.com/u/Yvonne_McMahon)
#### Post date: [December 31, 2017, 5:36pm UTC](https://www.mineralrightsforum.com/t/finders-fee/26149/4 "2017-12-31T17:36:14Z")
Define the “sliding scale”? Dependent on the lease bonus? Royalty?
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### Author:  [@Charles\_Emery\_Tooke\_III](https://www.mineralrightsforum.com/u/Charles_Emery_Tooke_III)
#### Post date: [December 31, 2017, 8:06pm UTC](https://www.mineralrightsforum.com/t/finders-fee/26149/5 "2017-12-31T20:06:06Z")
Try the Lehman Brothers’ Scale as a place to begin.
[https://en.wikipedia.org/wiki/Lehman\_Formula](https://en.wikipedia.org/wiki/Lehman_Formula)
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### Author:  [@Charles\_Cunningham](https://www.mineralrightsforum.com/u/Charles_Cunningham)
#### Post date: [January 1, 2018, 1:42am UTC](https://www.mineralrightsforum.com/t/finders-fee/26149/6 "2018-01-01T01:42:43Z")
The Lehman Brother’s Scale is outdated. I would say anywhere between 5 to 15% would be fair with the 15% number being used on anything sale under $10,000.00.
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### Author:  [@Buddy\_Cotten](https://www.mineralrightsforum.com/u/Buddy_Cotten)
#### Post date: [January 1, 2018, 5:18am UTC](https://www.mineralrightsforum.com/t/finders-fee/26149/7 "2018-01-01T05:18:34Z")
Dear Ms. McMahon,
The proper answer is both (Total bonus received and royalty rate).
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### Author:  [@Buddy\_Cotten](https://www.mineralrightsforum.com/u/Buddy_Cotten)
#### Post date: [January 1, 2018, 5:21am UTC](https://www.mineralrightsforum.com/t/finders-fee/26149/8 "2018-01-01T05:21:55Z")
Dear Mr. Elliott,
An example could be where one brought over 5000 acres to a buyer and the commission (not finders fee) was $50 per acre. The bonus amount was $400 per acre. No overriding royalty was kept.
I am betting that the 10% fee that you are referring to is the finders fee for those who locate missing heirs who have money held by the State.
I have also negotiated royalty sales with a commission of 1.5% of the sales price and 5% of the royalty purchased, payable either in kind or in cash.
It’s a negotiation.
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### Author:  [@Kenny\_DuBose](https://www.mineralrightsforum.com/u/Kenny_DuBose)
#### Post date: [September 8, 2019, 2:47pm UTC](https://www.mineralrightsforum.com/t/finders-fee/26149/9 "2019-09-08T14:47:26Z")