ANN ARBOR BUILDERS, INC. BUILDER/BROKER COOPERATIVE GUIDELINES
Ann Arbor Builders, Inc. values the assistance of real estate professionals. In order to assure a smooth working relationship with you and your clients and to guarantee your commission, we have outlined the following registration criteria:
1. For a client to be properly registered and in order to earn a commission, the broker or associate must initiate the first contact and accompany the client to the site, office or otherwise mutually convenient location for the first meeting.
2. Registration after a client has contacted us will not be accepted.
3. The client must not be currently registered with us.
4. Clients may be registered by completing and submitting the form below, receipt of which we will acknowledge, or by emailing a request for a registration form.
5. Telephone registration will not be accepted.
6. The broker or associate will be protected for a period of 60 days after initial registration and may be re-registered with approval of Purchaser.
7. We have no control over clients changing agents. Should the Purchaser return with another agent during the registration period, we will register both agents and notify both that the Purchaser has been registered by two agents. Should a sale result, the broker or agent who is the procuring cause of the sale will be paid the commission. The brokers shall resolve any dispute arising among brokers as to the commission. In no event shall Builder be liable to pay a commission to more than one brokerage company.
8. The Purchaser must execute a Building Agreement provided by Ann Arbor Builders, Inc.
9. The selling broker’s commission is 3% of the base price up to $300,000 and graduated on the balance. Base price is contract price less allowances. Commission is not paid on allowances in the Building Agreement or on change orders made after the Building Agreement is executed. Commission may vary on specific projects. Confirm with Builder.
We appreciate your giving us the opportunity to build a new home for your clients and we look forward to working with you!