BROKER PARTICIPATION GUIDELINES

Up to two and one-half percent commission paid on real estate.
A commission will be paid to the properly licensed broker/agent whose client purchases and closes on the real estate.

To qualify for a two and one-half percent commission, the Broker/Agent must:

1.     Attend all visits to subject property with prospective buyer(s).

2.     Attend auction, register with prospective buyer(s), assist in the bidding process,
and sign the Auction Real Estate Contract if their client is the winning  bidder. 

 3.     Buyer's opening bid must be at least 75% of final accepted high bid.
Example: If confirmed high bid is $100,000,
buyer's opening bid would have to have been at least $75,000.  

(Commissions to be paid only upon closing. 
A Broker/Agent cannot act as a principal and a broker on the same transaction.)