To Fax: 001 916 419 5257
Print
it,
Fill-in, sign and mail or fax this form.
Or scan and attach with email.
On approval
we will co-sign it and fax/send the copy back to you.
East West Developments
Tel: 01 916 419 9591
Fax: 001 916 419 5257
Email: [email protected]
We
have good news for you. Additional
bonus during the first 6 months to
help you, the Agents get started:
Free trip (worth $2,000) to meet the Developers, on making
your first Delhi condohotel sale. (Not valid on
Fractional units or Parking slot sales).
Real
estate agents commission agreement
On the one part, East West Developments,
370 Hawkcrest Circle, Sacramento, CA
95835, USA, also referred here as the Developer or EWD.
On
the other part, as Agent _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Insert your full name.
Company name
(if any) _
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Address
(complete street address. No PO Box number) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ _ _ _ _
_ _ _ _ _ _ _ _
_
_ _ _ _
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
_ _
_ _ _ _ _ _ _ _
Phone
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Mobile _
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
_ _ _ _ _ _ _ _ _ _
Fax
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Email
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
_ _ _ _ _ _ _ _ _ _
Agents Website Address
(if any)
www. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
TERMS
AND CONDITIONS. IT IS
AGREED AS FOLLOWS:
WHERE
AS: East
West Developments is a real estate developer and
marketing company with offices, representatives and
properties around the
World, and is
marketing real estates worldwide through real estate
agents and private individuals.
EWD has many opportunities; And can
help the Agent in many fields. As our registered Agent,
the Agent can have multi streams of income. As defined
below in #1, #2, #3, #4, #5, #6
and #7 :
-
Sale of
Developers own properties.
EWD pays
10%
commission
on the money received by the EWD. EWD
has many developments around the World. And each
development has 300 or more units.
So
for the
Agent there are many opportunities of doing
multiple sales.
Check
link
www.eastwestdevelopments.com/hotpropertyalerts.html
-
Resales and sales of third developer party
properties.
EWD pays
10%
commission
on the money received by the EWD.
Check
link:
http://www.eastwestdevelopments.com/home.html
-
Land & Property purchases & JV deals. EWD pays
commission of 10%
on the money paid.
These
are big deals.
Check
link http://www.eastwestdevelopments.com/purchase.html
-
Sale
of Partnerships and partner deals.
EWD pays commission of
10%
on the money
received. These
are big deals. Check
link:
http://www.eastwestdevelopments.com/partner.html
.
-
Other
business, service and land deals.
Commission to be decided as per the services.
Check
link http://www.eastwestdevelopments.com/purchase4.html
-
Possibility of additional streams of income:
Commission to be decided as per the services.
1. Extra
commission for searching or suggesting suitable
land/lots for our future projects.
2. Extra
commission or fees for suggesting or supervising the
contractors/builders, and construction for our projects.
-
Once the Agent has done a couple of deals with us,
then giving him an exclusivity for his region can be
discussed.
Commissions: EWD will pay, as per the Commissions
structure above on all sales and support provided by the
Agent.
EWD pays
to Agents,
10%
commission only
on the actual money that is received or paid by
the EWD.
EWD
receives money-in on Property sales and on sales of EWD
Partnerships. And EWD pays money-out on Property or land
purchases or JV deals with landowners.
For all the above commissions when
2 or more Agents are working on the same deal, then the
commissions will be split.
This is a commissions only agreement. No other
expenses are paid.
The
Agent is not
entitled to any other remunerations, advance
payments or reimbursements of expenses, if any incurred
by the
Agent for performing his functions under this
Agreement.
All
commissions become due and
applicable when
the Cash/check/payment is exchanged, that is either it is
paid or received by the
EWD.
All Commissions are paid on the actual
amount, that is the
actual
Money that is received or paid by the
developer, EWD on that date. And
all commissions
become
payable within 15 days of the payment
date.
Object
of the Contract: Sale of the Developer�s Real Estates,
and other services by
the agent, without there existing a labor relation of
any type between the both parties.
The properties and other business deals available
for marketing are posted on the developer�s website
www.eastwestdevelopments.com
Agents
are very important to EWD. We need the full services,
help and advice of our agents. The Agent commissions are
assured and factored in all EWD deal finalization
prices.
The
Agent will be kept in the loop of all correspondence,
negotiations and meetings and his full help & support is
needed for successfully closing each deal.
All payments from buyers or clients for our business and
properties must be made in the name of EAST WEST
DEVELOPMENTS only. The Agent may not accept payments
directly in his name or in his company name for our
properties and business deals.
The agent has no authority, without written permission to enter into Agreements
or
legal commitments on behalf
of the EWD
directly with any client or parties.
Reporting:
The developer undertakes to keep the
Agent
in the email correspondence loop of all correspondence
with customers, and to report to the Agent the progress of
each lead supplied as it progresses.
Payments:
The commissions are paid to the
Agent within 15 days of the
Payment date. In
case of delay a Late charge at the rate of 10% per annum
will be paid by EWD, calculated from the due date till
the payment date.
Commissions adjustment in case of Cancellations &
Refunds:
Sometimes
the Sale/Purchase is cancelled and the money is refunded
back.
If that sale is thru an Agent. Then the
Agent commissions on that particular deal
are also cancelled, and the Agent will refund back
to the EWD or to his client any commissions received in
that respect.
It is projected that such refunds and
cancellations are likely to be less than 1-2%.
Promotion:
For promoting and selling the developer properties and
business, the Agents will have to do so at its own
costs, and will need to find his customer base himself.
All our properties and business sale info is on the
website. The best for the Agent would be to copy and
paste or print the key pages, study all the info, get
any clarifications if needed and then start and promote
to his friends, customers, and client base or
by developing his own
web site.
Agent may use any marketing method, such as Advertising,
Board, Display, Booths at Property shows, Thru the
Internet, Listing on Property websites, blogs, Emailing
etc. The Agent will market the properties professionally
at all times and will notify EWD of any advance changes
applicable to the sale.
Duration of the
Agreement:
The present contract will be effective
from the date of signature to this agreement and shall
have a duration of 1 year and will be automatically renewable every year, save where the parties to the contract agree to
terminate the same with mutual consent.
However any party can cancel and
terminate this agreement anytime by giving a 7-day�s
notice to the other party.
This Agreement
Renewable will be
as per the latest Agent form (this form) published on
our website.
Termination: If the Agent becomes inactive and does not
correspond or present or forwards any new business or
leads to EWD for a period of 12 months, then this
Agreement is automatically terminated. The Agent is
considered dead for business. After the termination or
expiry of this Agreement, the
Agent will not receive any commission on any new funds received
from the Agent's existing clients and customers. The Agent only gets commission on funds
received from customers before the termination or expiry
date. The Agent however, will retain and keep all commissions
already paid to him till that date.
Confidentiality: The
terms of this agreement, and the details of the
properties offered are confidential between the
parties and neither of the contracting parties may
divulge the contents without consent in writing to any
other party.
Both parties agree to be bound by all the above terms and
conditions on the date.
Signed below on behalf of East West Developments:
Signed by Marketing
Director
Date:
Company Seal
Signed below on behalf of the Agent:
( )
Please list my contact info on your website.
That
way the Clients will recognize me as your official
representative, and
I can expect to get many new enquires from your website
itself. Usually only one representative is listed for
each country, unless the volume of business from that
country justifies splitting the country in different
states. The listing may be removed if the
Agent becomes inactive or stops sending new sales, or is
unable to satisfy clients or if clients complain about
his services.
( )
I have a website. And will also publish your
Property info on my website.
Agent's Signature:
Date:
Agents, Please attach a
copy of your business card, or proof of Agent or Broker
registration.
Please note: A facsimile copy or electronic copy
of this Form shall constitute a legal and binding
agreement. |
