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COMPENSATION Carolina
United Realty is compensated in two ways: 1st, even if you sign a representation agreement with us, it would not cost you anything in the typical transaction. It is customary for the listing broker of “for lease” or “for sale” property we present to you or show you to share their real estate fee with us, at closing. If a transaction is not completed no fee is due, unless otherwise agreed. A real estate commission is a marketing and advertising expense paid by the real estate Owner or Seller, through their listing Broker. We maintain a fiduciary duty to our Clients, but we are compensated by the listing agents of properties that we present to you. The compensation is a (%) percent of the total value of the transaction. We are not sub-agents of the Listing Broker nor the Seller. With your cooperation and Acknowledgement to the Landlord letter, that we represent you in your real estate matters, as a broker, the typical transaction will not cause additional cost to your lease or sales transaction.
2nd, we can agree to be compensated by our clients for specific work or in place of a listing broker compensating us. If a Client prefers to compensate us rather than allowing us to receive the typical compensdation arrangement from a listing broker, we would request from the listing broker that our portion of the listing fee be deducted from the total transaction so that there is no additional cost to you.
Whether you hire us or contact a listing Broker on your own,
the real estate fee will always be part of the transaction. The listing agent
does not discount his fee because you called them direct without
representation. The listing agent always represents the Landlord or Seller,
so since a real estate fee is available for your agent, Corporate America Real Estate, Inc., why not
formally hire us to represent you and get the benefit of representation, full
market knowledge and experience in completing a successful transaction. |
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REAL ESTATE SERVICES Carolina
United Realty We define below how we are compensated, our fiduciary responsibility to you and the difference between Tenant Representation and legal Representation. |
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TENANT REPRESENTATION AND
LEGAL REPRESENTATION Tenant Representation is not Legal Representation. We advise you to hire a corporate or real estate attorney to review all matters, who we will assist and coordinate a transaction with. Some clients have real estate experience and forgo using an attorney, but do so at their own risk of any new laws that may effect a transaction. We also advise that you consult with a tax specialist to determine any impact or identify tax savings in structuring a lease or sale agreement. While we can provide some general guidance in a transaction, we do not hold ourselves out to be practicing law or providing tax advice. The client is responsible for verifying information to their own satisfaction. As a Tenant Representative, we are not authorized to bind you to any legal agreements. Tenant Representation means that we represent your firm in locating real estate space for lease or a facility or land for purchase. We provide real estate market knowledge to put you on a level playing field with listing brokers and the Seller or Landlord, so that you can achieve the best terms, leasing rate or purchase price. We then communicate the business terms to your legal advisor. We are allowed to complete pre-printed forms that include the business terms, and to provide your legal advisor with a draft of the business terms of a proposed transaction. We provide advice to guide you and your legal representative in preparing documents or negotiating terms in a lease agreement or purchase agreement. Together, your team of experts will guide you to a successful transaction and provide value to your business operation. |
