Common Contracts
1 similar Broker Participation Agreement contracts
Broker Participation AgreementBroker Participation Agreement • February 22nd, 2022 • Florida
The Brokerage firm named below shall receive 2% percent of the High Bid amount or if commission is negotiated, (20%) of the net commission received by American Heritage Auctioneers, LLC. (hereinafter as AHA). Net commission is defined as the amount of commission after any expense(s) relating to the sale have been deducted. These expenses include but are not limited to: any advertising paid by AHA, auction day personnel, etc. The remainder is considered the “net commission”. Commissions will be distributed by AHA only after the closing and only after AHA has received their commission.
