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 actually closes and pays the Total Contract Sale Price for this property.TWO PERCENT (2%) commission, on the High Bid, will be paid on any pre-auction written opening bid of at least Seventy Percent (70%) of the high bid. The Broker Registration Form is below. IF AN OPENING BID IS NOT WRITTEN ON THE BROKER PARTICIPATION FORM OR DOES NOT EQUAL AT LEAST SEVENTY PERCENT (70%) OF THE HIGH BID, THEN ONLY A ONE PERCENT (1%) COMMISSION, on the High Bid, WILL BE PAID TO THE BROKER. THE MAXIMUM BROKER PARTICIPATION WILL NOT EXCEED (2%) OF THE HIGH BID.
We will not contact your buyer without your permission.
TO EARN THE FOREGOING APPLICABLE COMMISSION:
No broker will be recognized on a prospect who has previously contacted Seller or Manning & Co., or has been previously contacted by Seller or Manning & Co. A complete registration file on all prospects will be maintained. All registrations accepted by Jerome J. Manning & Co., Inc. will be acknowledged via e-mail and in writing at the auction registration desk. There can be NO EXCEPTIONS to this procedure. No oral registrations will be accepted.
An affidavit stating that neither broker, nor any of his employees or agents, nor any member of their immediate family, is a principal, will be required to be signed at auction.