Broker Participation Terms & Acknowledgement Note: You do not need to have a broker to buy property at auction.
This form is void unless received via fax or email by BippusUSA.com at 1-888-481-5108 or kburkeen@bippususa.com not later than 4:00 p.m. EST on the last business day prior to the auction date. Auction Date: August 19, 2023 Property Address: 436 Grixdale, Waterford A commission will be paid based on the following schedule to any properly licensed real estate broker whose Buyer/Bidder is the successful purchaser for this property and who completes closing and pays the Total Contract Sale Price for this Property. Payment made to Broker upon closing. 3% of the bid price not including the buyers premium. Broker agrees that if the commission pool is negotiated down in order to confirm the sale, they will accept a proportionate cut. Maximum broker participation shall not exceed 3% of the high bid. Oral registration will not qualify Broker for commission. Agent or Broker MUST attend the auction. Broker agrees that he shall hold harmless and indemnify BippusUSA.com , including its reasonable attorney’s fees, from any and all claims with regard to such commission. State Law requires that Broker/Salesperson disclose that they are principals in a transaction. Brokers acting as principals are not eligible for this commission. No exceptions will be made to the terms of this form. Name of Broker: Name of Company: Name of Sales Assoc.: Broker License # Address: City, State, Zip: Phone #: Fax # Email address: ************************************************************************************************************************************************************************************ Bidder/Buyer Name: Address: City, State, Zip: Phone #: Email address: ************************************************************************************************************************************************************************************ The undersigned buyer/bidder makes an opening bid of $ for the property located at
I agree to the terms set forth herein.
Date:
Broker / Agent Signature
Bidder/Buyer Signature
Received by BippusUSA.com Date
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