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CHIP CARPENTER REAL ESTATE AND AUCTION CO. ***FOR LICENSED REAL ESTATE AGENTS ONLY*** 1. The licensee must be actively licensed in the state in which the auction takes place. No commission will be shared with a non-licensed individual or firm. 2. The participating licensee must register his/her prospective bidder, on this approved form prior to the prospective bidder’s inspecting the property or making contact concerning the auction through Chip Carpenter Real Estate and Auction Co. 3. The participating licensee must attend all viewings of property and the Auction with the prospective bidder and follow through to closing, to share a commission. 4. The participating licensee must register the prospective bidder at least 48 hours prior to the auction. 5. No commission will be paid to any participating licensee acting as a principal and buying the property for his/her own benefit. 6. The participating licensee acknowledges receipt of this agreement and of Auction Bidder Package. 7. This agreement must include a signed Agency Disclosure Form showing participating licensee as a buyer-broker. No Sub-Agency Disclosure Forms will be accepted. 8. Chip Carpenter Real Estate and Auction Co. agrees to pay a 2% co-op fee to participating Real Estate Brokerage if all terms of this agreement are met. Property Identification:_____________________________________________________ Auction Date:____________________________________________________________
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____________________________ Real Estate Company:______________________________________________________ Telephone:____________________ Fax: __________________________ This agreement accepted by Chip Carpenter Real Estate and Auction Co. this _________ Day of _________________________, 2006. |