Common use of BROKER PARTICIPATION Clause in Contracts

BROKER PARTICIPATION. The Seller will pay a two percent (2.0%) commission at closing, based on the final bid price, to the qualified Real Estate Broker/Agent representing Winning Bidders and who properly registered their clients for the Auction and participated in the Auction with their clients. Each Broker must register and execute with Client by filling out the Broker/Agent Registration form provided by PEAC; available at xxx.XxxxxxxxXxxxxxx.xxx. In order to receive the full 2.0% commission, the Broker Registration Form must be submitted before the deadline of NoonPT on December 8th and the transaction closes. Participating Brokers are responsible for inspecting the Property being purchased by their client in advance of the Auction, and must accompany their client through the entire process of executing the Purchase Contract and opening escrow. If the participating Broker does not sign the Purchase Contract at the Auction at the same time as their client, then it shall not be entitled to a commission from the Seller.

Appears in 1 contract

Samples: Sealed Bid Auction Agreement

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BROKER PARTICIPATION. The Seller will pay a two percent and one half (2.02.5%) commission at closing, based on the final bid price, to the qualified Real Estate Broker/Agent representing Winning Bidders and who properly registered their clients for the Auction and participated in the Auction with their clients. Each Broker must register and execute with Client by filling out the Broker/Agent Registration form provided by PEAC; available at xxx.XxxxxxxxXxxxxxx.xxx. In order to receive the full 2.02.5% commission, the Broker Registration Form must be submitted before the deadline of NoonPT on December 8th August 20th by 5pm PT and the transaction closes. Participating Brokers are responsible for inspecting the Property being purchased by their client in advance of the Auction, and must accompany their client through the entire process of executing the Purchase Contract and opening escrow. If the participating Broker does not sign the Purchase Contract at the Auction at the same time as their client, then it shall not be entitled to a commission from the Seller.

Appears in 1 contract

Samples: Sealed Bid Auction Agreement

BROKER PARTICIPATION. The Seller will pay a two percent and one half (2.02.5%) commission at closing, based on the final bid price, to the qualified Real Estate Broker/Agent representing Winning Bidders and who properly registered their clients for the Auction and participated in the Auction with their clients. Each Broker must register and execute with Client by filling out the Broker/Agent Registration form provided by PEAC; available at xxx.XxxxxxxxXxxxxxx.xxx. In order to receive the full 2.02.5% commission, the Broker Registration Form must be submitted before the deadline of NoonPT on December 8th June 15th Noon PT and the transaction closes. Participating Brokers are responsible for inspecting the Property being purchased by their client in advance of the Auction, and must accompany their client through the entire process of executing the Purchase Contract and opening escrow. If the participating Broker does not sign the Purchase Contract at the Auction at the same time as their client, then it shall not be entitled to a commission from the Seller.

Appears in 1 contract

Samples: Sealed Bid Auction Agreement

BROKER PARTICIPATION. The Seller will pay a two percent and one half (2.02.5%) commission at closing, based on the final bid price, to the qualified Real Estate Broker/Agent representing Winning Bidders and who properly registered their clients for the Auction and participated in the Auction with their clients. Each Broker must register and execute with Client by filling out the Broker/Agent Registration form provided by PEAC; available at xxx.XxxxxxxxXxxxxxx.xxx. In order to receive the full 2.02.5% commission, the Broker Registration Form must be submitted before the deadline of November 13th NoonPT on December 8th and the transaction closes. Participating Brokers are responsible for inspecting the Property being purchased by their client in advance of the Auction, and must accompany their client through the entire process of executing the Purchase Contract and opening escrow. If the participating Broker does not sign the Purchase Contract at the Auction at the same time as their client, then it shall not be entitled to a commission from the Seller.

Appears in 1 contract

Samples: Sealed Bid Auction Agreement

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BROKER PARTICIPATION. The Seller will pay a two percent and one half (2.02.5%) commission at closing, based on the final bid price, to the qualified Real Estate Broker/Agent representing Winning Bidders and who properly registered their clients for the Auction and participated in the Auction with their clients. Each Broker must register and execute with Client by filling out the Broker/Agent Registration form provided by PEAC; available at xxx.XxxxxxxxXxxxxxx.xxx. In order to receive the full 2.02.5% commission, the Broker Registration Form must be submitted before the deadline of NoonPT on December 8th April 22nd Noon PST and the transaction closes. Participating Brokers are responsible for inspecting the Property being purchased by their client in advance of the Auction, and must accompany supervise their client through the entire process of executing the Purchase Contract and opening escrow. If the participating Broker does not sign the Purchase Contract at the Auction at the same time as their client, then it shall not be entitled to a commission from the Seller.

Appears in 1 contract

Samples: Sealed Bid Auction Agreement

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