REALTOR Referral Program for Auctions
Thank you for considering placing your trust in us to help your clients sell their real estate through the AuctionSOLD method. Auctioneer Brad Parish with Auctions & Co. looks forward to the opportunity to partner with you in selling your client's real estate through this referral program in the spirit of a business partnership for your client's real estate transaction.
Brad believes strong and open partnerships help ensure a win-win relationship. Together we will strive to jointly represent your client as they become our client in selling their real estate to the highest bidder. The AuctionSold method will strive to leverage the best of the free market to draw interested buyers together for the chance to fiercely compete for the opportunity to own this property on the day of the auction.
Let’s talk through the details about how we will work together to get the client’s real estate sold to the highest bidder and about how we will make this such a successful partnership that you will be proud use the AuctionSold method again. Hopefully you will have so much fun that you’ll even tell others about this adventure and its success for years to come!
Here’s the deal…
Brad will pay you five percent (5%) of the successful auction high bid for this property (the “Referral Fee”). This will happen when the client accepts the high bid and enters into a valid purchase agreement and Brad receives fees and/or commission at the closing. Feel free to come to the closing table with us if you want to support your client. Otherwise Brad can simply mail you your referral check to your firm’s Broker.
You know your client best. You have the relationship, and we simply want to support that relationship and make it stronger by using the AuctionSold method only when it makes sense. Therefore, we offer you a Non-Compete Guarantee. We will not solicit any additional real property business from your referred client. We respect the fact that they are ultimately your client. That means any additional real properties that come from this client will be considered a referral from you - forever. If the property doesn’t sell at auction, you will be free to relist the property.
Here’s how it will work…
You will need to provide us with any pertinent information about the property and introduce us to the client. We’ll discuss the seller’s goals and evaluate the property to ensure it’s a good fit for the AuctionSoldTM method. If it’s a go, then we’ll negotiate the terms of the auction and ask the seller to sign the Auction Listing Agreement. Keep in mind, the Auction Listing Agreement will be between Brad and the seller, and it will establish a direct fiduciary relationship for the auction. As such, this new agreement will replace any previous listing agreement that you’ve had with the seller. Therefore, you will need to make sure that you release those agreements as soon as the Auction Listing Agreement is signed.
Next, the real hard work of the auction begins – at no cost to you! Brad and his team will kick into high gear as they start planning the auction, marketing the auction, obtaining a title search and termite letter, setting up public previews of the property, placing signs on property, registering auction prospects, negotiating offers, writing contracts, depositing escrows, and expediting the closing. On auction day, the successful bidder(s) will sign the sales agreement with the seller plus provide the funds for the buyer’s premium, etc. Brad will set the closing to finalize the sale. After closing, you (your firm’s broker) will get paid.
Just a couple of terms & conditions…
The relationship between parties shall always be that of independent contractors. In view of this independent relationship, the Referring Broker shall not enter into any agreements on behalf of Receiving Auctioneer/Broker and shall make no warranty either expressed or implied on behalf of Receiving Auctioneer/Broker.
Any agreement entered into shall begin on the last date signed and shall expires at 11:59 p.m. EST on the 90th day thereafter if an auction agreement is not reached between the Receiving Auctioneer/Broker and the Referred Prospect. If an auction agreement is reached, then this Referral Agreement will automatically extend through the term of the executed auction agreement through any closing date(s). Lead generation for this referral agreement resulted directly from the AuctionSOLD Referral Program with Auctions & Co.
Brad believes strong and open partnerships help ensure a win-win relationship. Together we will strive to jointly represent your client as they become our client in selling their real estate to the highest bidder. The AuctionSold method will strive to leverage the best of the free market to draw interested buyers together for the chance to fiercely compete for the opportunity to own this property on the day of the auction.
Let’s talk through the details about how we will work together to get the client’s real estate sold to the highest bidder and about how we will make this such a successful partnership that you will be proud use the AuctionSold method again. Hopefully you will have so much fun that you’ll even tell others about this adventure and its success for years to come!
Here’s the deal…
Brad will pay you five percent (5%) of the successful auction high bid for this property (the “Referral Fee”). This will happen when the client accepts the high bid and enters into a valid purchase agreement and Brad receives fees and/or commission at the closing. Feel free to come to the closing table with us if you want to support your client. Otherwise Brad can simply mail you your referral check to your firm’s Broker.
You know your client best. You have the relationship, and we simply want to support that relationship and make it stronger by using the AuctionSold method only when it makes sense. Therefore, we offer you a Non-Compete Guarantee. We will not solicit any additional real property business from your referred client. We respect the fact that they are ultimately your client. That means any additional real properties that come from this client will be considered a referral from you - forever. If the property doesn’t sell at auction, you will be free to relist the property.
Here’s how it will work…
You will need to provide us with any pertinent information about the property and introduce us to the client. We’ll discuss the seller’s goals and evaluate the property to ensure it’s a good fit for the AuctionSoldTM method. If it’s a go, then we’ll negotiate the terms of the auction and ask the seller to sign the Auction Listing Agreement. Keep in mind, the Auction Listing Agreement will be between Brad and the seller, and it will establish a direct fiduciary relationship for the auction. As such, this new agreement will replace any previous listing agreement that you’ve had with the seller. Therefore, you will need to make sure that you release those agreements as soon as the Auction Listing Agreement is signed.
Next, the real hard work of the auction begins – at no cost to you! Brad and his team will kick into high gear as they start planning the auction, marketing the auction, obtaining a title search and termite letter, setting up public previews of the property, placing signs on property, registering auction prospects, negotiating offers, writing contracts, depositing escrows, and expediting the closing. On auction day, the successful bidder(s) will sign the sales agreement with the seller plus provide the funds for the buyer’s premium, etc. Brad will set the closing to finalize the sale. After closing, you (your firm’s broker) will get paid.
Just a couple of terms & conditions…
The relationship between parties shall always be that of independent contractors. In view of this independent relationship, the Referring Broker shall not enter into any agreements on behalf of Receiving Auctioneer/Broker and shall make no warranty either expressed or implied on behalf of Receiving Auctioneer/Broker.
Any agreement entered into shall begin on the last date signed and shall expires at 11:59 p.m. EST on the 90th day thereafter if an auction agreement is not reached between the Receiving Auctioneer/Broker and the Referred Prospect. If an auction agreement is reached, then this Referral Agreement will automatically extend through the term of the executed auction agreement through any closing date(s). Lead generation for this referral agreement resulted directly from the AuctionSOLD Referral Program with Auctions & Co.
