Compensation of Broker. The Managing Dealer shall pay the Broker, as compensation for all services to be rendered by the Broker hereunder, a commission equal to 7.0% on sales of Shares by such Broker, as set forth in Exhibit A hereto, subject to reduction as specified in this Section 2 and the Prospectus. The Managing Dealer, in its sole discretion, may reallow to the Broker, from its marketing support and due diligence expense reimbursement fee, up to an additional 0.5% on sales of Shares by such Broker, based on such factors as the number of Shares sold by the Broker, the assistance of the Broker in marketing the Offering, and bona fide due diligence expenses incurred by the Broker. Such commission rates shall remain in effect during the full term of this Agreement unless otherwise changed by a written agreement between the parties hereto. A sale of Shares shall be deemed to be completed only after the Company receives a properly completed subscription agreement for Shares from the Broker evidencing the fact that the investor had received a final Prospectus for a period of not less than five (5) full business days, together with payment of the full purchase price of each purchased Share from a buyer who satisfies each of the terms and conditions of the Registration Statement and Prospectus, and only after such subscription agreement has been accepted in writing by the Company. Such compensation shall be payable to the Broker by the Managing Dealer after such acceptance of the subscription agreement; provided, however, that compensation or commissions shall not be paid by the Managing Dealer: (i) other than from funds received as compensation or commissions from the Company for the sale of its Shares; (ii) until any and all compensation or commissions payable by the Company to the Managing Dealer have been received by the Managing Dealer; and (iii) if the commission payable to any broker-dealer or salesman exceeds the amount allowed by any regulatory agency. The Broker shall not reallow any commissions to non-NASD members. The Company (and the Managing Dealer) may pay reduced commissions or may eliminate commissions on certain sales of Shares, including the reduction or elimination of commissions in accordance with the following paragraph of this Section 2. Any such reduction or elimination of commissions will not, however, change the net proceeds to the Company.
Compensation of Broker. Broker shall be compensated in the following manner: (check only those that apply)
a. Buyer shall pay Broker a retainer fee of $ due and payable upon execution of this Agreement, which amount shall be applied towards Broker’s compensation upon closing on a transaction in which Buyer acquires Property. In all other circumstances, the payment shall be considered as a non-refundable retainer fee earned by the Broker.
b. Buyer shall pay the Broker, at closing, an amount equal to $ or % of the gross selling/lease price. Buyer shall receive a credit towards the payment of Broker’s compensation in an amount equal to any payment made to the Broker by any other Broker or the Seller.
c. By acceptance of the amount of compensation offered by a Listing Broker or the Seller.
d. Other: Unless otherwise specified above, the compensation is due and payable upon Closing. The compensation shall apply to any purchase agreements executed during the term of this Agreement, or during any extension of this Agreement. The compensation will also apply to purchase agreements executed within days (or 90 days if left blank) after the expiration or other termination of this Agreement, if the property acquired was presented to Buyer through the services of Broker. If Seller fails to close with no fault on the part of Buyer, the compensation shall be waived. If the transaction does not close due to a breach of the Contract of Sale by the Buyer, the compensation shall NOT be waived and shall become immediately due and payable.
Compensation of Broker. Xxxxxx’s fee for services rendered is not fixed, controlled or recommended by law, the MLS or any person not a party to this agreement. In consideration for the services to be performed under the agreement, Xxxxx agrees to pay Xxxxxx as follows (check as applicable):
Compensation of Broker. In consideration of the services performed by Broker under the terms of this Agreement, Buyer agrees to pay Broker the following fee(s): (Initial all applicable sections.)
Compensation of Broker. Except as may be provided in the “Plan of Distribution” section of the Prospectus, which may be amended and supplemented from time to time:
Compensation of Broker. In consideration of the services to be performed by Broker, Buyer agrees to compensate Broker in any of the following ways:
a) If the property is subject to a listing agreement through a Multiple Listing Service or otherwise, the fee will be the amount equal to the co-operating Broker’s payout as listed in the MLS, or a minimum of %, or $ plus applicable sales tax of the selling price. Buyer agrees to pay to Broker any difference between the amount received from the listing company and the stated minimum.
b) If the property is not subject to a Listing Agreement, Buyer agrees to pay Broker a fee plus applicable sales tax as follows: For Sale by Owner % of selling price or $ For Sale by Auction % of selling price or $ For Sale by Builder % of selling price or $ Broker shall first seek to obtain this fee from the seller. If the fee cannot be obtained through the seller, Buyer will be responsible for such fee stated above. This compensation shall apply to transactions made, for which Buyer enters into a contract during the original term of this Agency Agreement, or during any extension of such original or extended term, and shall also apply to transactions for which Buyer enters into a contract within days after the end of this Agreement which Broker has shown to Buyer during the term of this Agreement. If Buyer enters into an Exclusive Agreement with another broker after expiration or mutual written termination of this agreement, this agreement shall be null and void in its entirety.
Compensation of Broker. In consideration of the services to be rendered by Xxxxxx, Owner shall pay Broker each month any and all of the following forms of compensation as may be applicable as they become due: • TENANT IDENTIFICATION AND PLACEMENT: percent ( %) of first full month's rent. If owner finds the tenant, that fee will be reduced to 25%. Any Tenant identified by the Owner will still be subject to CrossView Property Management’s tenant approval process. If the tenant and their lease are already in place, there will be no Tenant Identification and Placement Fee paid to Broker. Please note that the Management Fee will not be collected in the same month that the Tenant Placement Fee is collected. • FOR MANAGEMENT: percent ( %) of gross monthly rents collected. CrossView Property Management shall deduct its management fee from any liquidated damages collected on the early lease terminations. • LEASE RENEWAL WITH CURRENT TENANT: If after the initial term, the lease is renewed additional consideration will be dollars ($ ) If after the initial term of the lease the tenant chooses and owner agrees to allow month to month (MTM) tenancy, only the management fee will apply.
Compensation of Broker. Brokerage Firm’s fee for services rendered is not set by law and is fully negotiable. Broker may not receive compensation for brokerage services provided to Buyer from any source that exceeds the amount agreed upon herein or in a subsequent written agreement between Xxxxxx and Buyer. In consideration for the services to be performed under the agreement, Xxxxx agrees to pay Xxxxxx as follows (check as applicable):
Compensation of Broker. In consideration of the services to be performed by the BROKER, BUYER agrees the BROKER may be compensated in any of the following ways:
a. If the business/property is subject to a listing agreement with the BROKER, the seller shall pay all fees paid to the BROKER.
b. If the business/property is subject to a listing agreement with a co-operating broker through the MLS or otherwise, the fee will be the amount equal to the co-operating brokers payout as listed in the MLS, provided that in no case shall that amount be less than 5% of the selling price. BUYER agrees to pay BROKER any difference between the amount received and the stated minimum.
c. If the business/property is subject to a listing agreement listed by another Brokerage Firm and that Brokerage Firm is not a co-operating broker BUYER will compensate BROKER 5% of the selling price (or $5,000 minimum fee, whichever is greater).
d. If the business/property is not subject to a listing agreement, such as for sale by owner, BUYER agrees that the BROKER will be paid a fee of 10% of the selling price (or $10,000 minimum fee, whichever is greater). BROKER shall first seek to obtain this fee through the transaction and paid by the seller. If the fee cannot be obtained through the seller, the BUYER agrees to pay the fee stated above.
e. Consultation and Business Valuations will be performed at the hourly rate of Two Hundred Fifty Dollars ($250.00) per hour and will be billed on a bi-weekly basis, to be paid within Thirty (30) days of billing. Fees from Consultation and Business Valuations performed for the business that is purchased will be credited towards the commission due.
Compensation of Broker. In consideration of the services to be performed by the Broker, Buyer agrees to pay Broker a brokerage fee (check one or more of the following):
