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Agent Representation Form
Agent First Name
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Agent Last Name
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Agent Phone Number
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Area Code
Phone Number
Agent Email Address
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Name of Brokerage
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Address of Brokerage
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Real Estate License Number
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Auction Property Information
Auction Property Address
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Bidder First Name
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Bidder Last Name
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Bidder Phone Number
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Bidder Email Address
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Terms for Acknowledgement
I have read, signed, and agree to be bound by, these Terms and Conditions of Participation for the Auction Sale of the above Property.
A commission of 20% of the 10% Buyer's Premium charged or 20% of any negotiated commission will be paid to any properly licensed real estate agent/broker whose Buyer/Bidder is the successful purchaser for this property, and who actually closes and pays the total Contract Price and Closing Costs for this property.
It is understood and agreed that the real estate agent's commission structure will be based on the stated terms and conditions of sale.
Commission is contingent upon, and will ONLY be paid if Realtor Representation form is received by the auction company no later than 5 PM EST on the day before the auction, no exceptions.
Real estate agent agrees that Real estate agent will not claim any exceptions to the foregoing procedures.
Agent agrees that if the commission is reduced due to negotiations, the commission to the broker shall be 20% of total commission earned.
Real estate agent agrees that real estate agent's commission will be due upon closing of the purchase and will be paid directly from Mountain Valley Auction Group's Escrow account.
Registered real estate agent must accompany their buyer/bidder to the property for at least one visit.
Real estate agent shall not be entitled to said commission on account of any sale to an entity of which (or any affiliate of which) the real estate agent is a principal, employee, or affiliate, or immediate family member.
Real estate agent agrees that he/she shall hold harmless and indemnify Mountain Valley Auction Group, including its reasonable attorney’s fees, from any and all claims with regard to such commission.
By checking this box, I acknowledge that I have read and understood the Broker Acknowledgment above.
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I agree.
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