Preferred Realtor Organization

A fee based on the high bid may be paid to an Agent's Broker whose registered Client purchases property in strict accordance with the terms of the sale agreement. To qualify for a cooperation fee, the following requirements must be met with no exceptions:

• The Agent/Broker must identify below the potential purchaser (Client) at least 24 hours prior to the auction date. If a legal entity is the Client, the principals must be disclosed. No referral fee will be paid to an agent representing him/herself.
  
  
• The Agent or Broker must personally attend the auction with the Client and present a copy of the Confirmation Email of this registration at time of bidder registration. If the Agent or Broker does not present this confirmation at registration a referral fee will not be paid.
  
  
• The Agent/Broker should fully disclose in writing to the Client at first contact their status as either a Buyer's Agent/Broker or Transaction Broker and the associated responsibilities and legal ramifications either relationship entails for both the Agent/Broker and Client. The Agent/Broker shall indemnify and hold harmless Williams & Williams and the Seller from any liability arising from its conduct relative to the transaction and sale, and hereby agrees to submit any claims the Agent/Broker may assert to binding arbitration per the Contract of Sale between Buyer and Seller, incorporated by reference herein. Agent/Broker hereby represents and warrants without limitation to Williams & Williams and the seller it is a duly licensed Agent or Broker in the State in which the property to be sold is located, and is in full compliance with all laws, rules and regulations regarding a real estate licensee. No referral fee will be paid if the Client, who subsequently enters into a purchase agreement, does not close in strict accordance with the written terms thereof. In all events Williams & Williams shall have the sole authority and right to revoke this offer of compensation and/or determine if and when a referral fee shall be paid.