Sub Fee Agreement
Note: I assume I need confidentiality and confidentiality clauses in subcommittee and joint venture agreements, regardless of what I chose to use, and in both cases, whether I opted for both. Is that the only benefit of both a joint venture and a subcommittee agreement? I suggest you get a consul from a lawyer with experience in real estate licensing law. You could be examined or investigated your relationship with respect to your contract assigned to a buyer who would be brought in by the licensed broker. Will state regulators question your intention to represent a buyer or seller in the negotiations? How do you separate yourself from representation at a trial? In other words, they are considered exempt from the requirements of a licensee. . I would consider using a master fee contract between the buyer and the seller`s agent/broker to pay the commission/commission (3-6%) to insure. But how do the others of us put „intermediaries” (i.e. Me, wholesaler and buyer agent) are sure that we are protected in the agreement as a „glue” that brings everything together? Thank you for your response. Just to be clear, I wouldn`t really represent the buyer or seller, so I don`t think I can really be considered „buy” or „negotiate” in any way. I would only associate the final buyer with the seller through a network of contacts.
1. A single-use common agreement specific to the agreement between the seller`s agent/broker, myself, the wholesaler and the buyer`s representative, which stipulates that all fees collected by the seller/broker at the time of the agreement must be paid equally (or regardless of what is the division) between all parties; OR I studied the use of Master Fee Agreements for use in large wholesale/investment transactions. If I choose Option 2, should I always look for a JV agreement? If not, why? Good advice to contact a legal representative. It is always a good idea to go to a lawyer first. What are the most commonly used contracts when multiple parties are involved in the transaction? That`s 1. Seller. 2. Agent/broker seller. 3. Me.
4. Wholesalers 5. Buyer`s representative 6. Buyer, etc., etc. The real estate agent means EVERY person, WHO, FOR COMPENSATION OR VALUABLE CONSIDERATION , sold or sold or offers for sale, purchase or purchase of offers, or negotiates the purchase or sale or exchange of real estate, including units or interest in condominiums, cooperative interests, a time-sharing program, even if they are renting, renting or renting, or renting or offering property. THERE MUST BE A LICENSE.