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Initial
Prospect Registrations. Prior
to your customers/clients first visit
to any Olthof Homes community you
may submit a faxed Broker Registration
Form to Olthof Homes, register online
at olthofhomes.com in the REALTOR
® section or you may accompany your customer/client
to our Sales Center on the first visit
and complete the Guest Registration
Card and Broker Registration Form
on site. Broker/Agent is required
to view the models/community for which
they are registering their customers/clients.
Please note that signatures/ online
broker registration from you as well
as the Authorized Olthof Homes representative
are required to validate registration.
Registration of customers/clients
must occur on or before their first
visit to any Olthof Homes community.
Registration of the customer/client
by Olthof Homes at any community up to 180 days prior
to Broker Registration voids the possibility
of earning a commission.
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Registration
Period.
Prospect registrations are valid for
180 days from the date on the Broker
Registration Form.
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Return Visits. You
are always welcome to accompany your
prospects on return visits for a preview
of our homes. However, if you are
unable to attend with your customers/clients
on subsequent visits, please ask them
to call in advance for an appointment
to assure that the Olthof Homes Representative
will be available.
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Commissions. A commission
will be paid to the registered and
procuring broker with a current registration
upon closing and funding. In the event
a closing does not occur, for any
reason whatsoever, no commission will
be paid. Commissions are based on
2.5% of the base purchase price, (commissions
are not paid on options and upgrades,
i.e. sunroom, screen porch, lot premium,
etc.). If more than one broker registers
the same prospect, the commission
will be paid to the “Procuring
Broker” as defined by GNIAR
® rules & regulations with
a current registration.
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Contracts and Closings.
Our staff will handle all aspects
of contract administration and closing
for each customer/client. This requires
that we use our standard agreements
to properly represent our homes as
well as the community association. Please not, according to Indiana license law,
you or a licensed representative of your office must attend the closing.
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Broker Previews.
Arrangements can be made for Participating
Sales Agents and Brokers to preview
any model in our community. Interested
offices should contact the Sales Center
to schedule a date and time.
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Program Changes.
Since the Participating Broker Program
is subject to change from time to
time without written notice, you are
encouraged to obtain a copy of the
latest Participating Broker Program
Policy available in our Sales Center
or on our website at olthofhomes.com.
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Follow Up.
Our new home consultants will be contacting you for feedback concerning your client's visit to our
community. If we are unable to reach you within 48 hours, we will contact your client directly and
give our best effort to sell them a home, for which you will earn a commission.
