Definition
Freelance scouts who hunt for investment properties and tip off investors in exchange for a finder's fee. They're essentially real estate informants who get paid to sniff out deals before they hit the MLS.
Example Usage
I've got a network of birddogs all over the city texting me about distressed properties before the owners even think about listing.
Origin
Borrowed from hunting terminology, where bird dogs flush out game for hunters
Fun Fact
Some states require birddogs to hold a real estate license, while others consider it a legal gray area—making it the speakeasy of property scouting.
Source: Real estate investor community slang
Related Terms
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