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FOR
REAL ESTATE AGENTS/BROKERS
Refer
a Listing | Represent a Buyer | Participation Form
We welcome the opportunity to work with cooperating real estate agents acting as either a Seller's Agent or Buyer's Agent.
Refer a Listing
An
auction is a powerful selling method
that can benefit both you and your clients! A
real estate agent or broker can a
3% referral fee by referring their listing to us. We would be happy
to meet with you and your client to discuss a potential auction.
Some characteristics of good auction properties:
- investment/rental, income producing
- unique or historical
- has been on the market and needs a "boost" of interest
- sellers are in a time-sensitive situation and need a fast "as is" sale (purchased another home, relocating, financial issues)
Responsibilities of Referring Agent/Broker:
- Help seller analyze his/her needs, the property, and market to determine if a good auction situation exists
- Refer seller to professional real estate auction company
- If a negotiated sale listing agreement exists, cancel the previous listing to be superseded by an auction contract
- Send notice to MLS stating that the property will be sold at public auction
- Collect referral fee from auction company when the property closes
(some information from www.realtor.org)
Next > (Represent a Buyer)
