Real Estate Agent Agreement

This agreement, entered in to between Creative Property Solutions of the Southeast, LLC (CPS herein) with a mail

address of PO Box 2226, Kings Mountain NC 28086

and email of Link@linkervin.com and

, (Agent) with an email address of

example@example.com

Address

And a mail/physical address of

Street Address Line 2

City

State

Zip

Phone

Fax

email address of

example@example.com

Signed

Date

This agreement details the compensation associated for submitting a successful house seller to CPS by said agent.

Definition of successful house seller- A successful seller means a seller submitted by the agent and CPS agreed to buy the house on a lease purchase agreement, owner finance or an Assign Back Option THEN marketed the property, placed a tenant buyer and collected down payment.

Once the down payment is collected and verified (bank or certified funds) the agent’s share of the initial is considered earned and will be distributed via preferred acceptable method (check, PayPal etc)

Additional trailing down payments to follow as earned on a schedule determined prior to Tenant Buyer signing. Down payments are almost exclusively 10% minimum of which said agent earns 20% of total down payment up to a maximum of $15,000 and based on profit in the deal.

For example, purchase price $300,000, contracted price to tenant buyer $340,000 with $50,000 down the agent share would be 20% of $40,000 DEAL PROFIT ($8,000) not the total down of $50,000 ($10,000 Documentation will be available to substantiate reduction.

*IMPORTANT*

In the event a tenant buyer fails to progress through the plan at any point, the agents previously earned monies remain the agents earnings. There are NO CHARGEBACKS. ADDITIONALLY, when a new tenant buyer is placed said agent will AGAIN earn 20% of the initial down payment from the new tenant buyer and be on the schedule to earn on the trailing down payments as well.

If the same agent also refers the tenant buyer they will receive an additional 5% making a total of 25% of the down payment (subject to the same deal profit limit and total maximum limits of $15,000.)

Financial Disclaimer: All monies distributed will match the W9 on file associated with this agreement. If you do not have a W9 to complete visit https://www.irs.gov/pub/irs-pdf/fw9.pdf

CPS Southeast in no way offers any input on what should happen inside any real estate agency. Compensation splits, shares and adjustments are the responsibility of and fall under the purview of each agent/agency/brokerage to determine.

This agreement assumes the party listed above and signed below has the authority to act in their own best interest.

Further, CPS in no way encourages agents to act outside of typical brokerage policy and CPS accepts no liability for said actions of agent/broker or response by agency/brokerage.

If our plan or compensation in any way deviates from you or your brokerage model do not participate. If you have any concerns regarding this position please consult with your broker/owner.

Further, if your brokerage would like to participate we will gladly accomodate that as well.

With their signature, agent agrees they understand the policies and pay plan outlined above.

Signature to accept:

Signature

Please verify that you are human*

Name

First NameLast Name

Print Name

Date

Counties (States) you represent:

Complete this form and a W9 and return via:

Fax 1(800)317-3563

Email: Lervin@CPSSoutheast.com

example@example.com

Mail: CPS Southeast, PO Box 2226, Kings Mountain, NC 28086