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REALTOR BROKER POLICY The Following Guidelines Outline the Highland Homes Realtor/Broker Policy. Guideline One: Highland Homes pays a 3°% commission at dosing to the Real Estate Brokerage Office. Commission is paid based on total sales price not including closing costs and pools financed. Should a buyer default subsequent to the execution of the contract, no commission will be paid to the referring Broker or Realtor. On Construction Perm financing, all of the Realtor commission will be paid at the upfront CP closing. On End loan financing, the Realtor commission will be paid at the end after the home is built and closing takes place. Highland Homes does not pay any fees other than the commission shown in this agreement, and any agreement between the Buyer and Realtor for the Buyer to pay additional fees must be handled outside the closing and not shown on the HUD-1 Settlement Statement. We are currently offering a bonus incentive on executed not Purchase and Sales Agreements signed 01101/14-12/31114. Bonuses paid in order of closing and will be paid at closing or in the month of closing. • 1 st Sale: No Bonus • 2nd Sale: $500 Bonus • 3rd Sale: $1,000 Bonus • 4th and Subsequent Sales: $1,500 Bonus (per sale) Guideline Two: The referring Brokerage Office Realtor must register their customer with Highland Homes prior to the initial buyer visit or by personally escorting their customer to the Highland Homes community. Registration can be via telephone, email, or by using the Buyer Pre -Registration Form on the Highland Homes website. In the event the referring Broker or Realtor signing the registration form terminates his/her employment and joins another office prior to approval or closing, the commission shall be payable to the Brokerage Office designated on the registration form. If a customer states they were not referred by a Realtor, no commission will be paid. Guideline Three: The registration shall be effective for a period of three months (90 days) from the date of registration. Upon the expiration of the registration period, no referral, Brokerage Office commissions or compensation will be paid in connection with any transaction which is consummated with a customer who had previously registered. To extend the registration protection, the Broker or Realtor must re -register using any of the above stated methods. If the 90 day registration protection period expires, and the customer is registered by another Realtor, the most recent Brokerage Office Realtor will be recognized and that Brokerage Office will receive the earned commission should a sale take place. Guideline Four: All Buyers must belong to the Real Estate Brokerage office without question. However, no offers to purchase, deposit receipts, or contracts of sale shall be presented to or accepted by Highland Homes unless the same are on Highland Homes forms provided and prepared by a Highland Homes representative. (Any exception must be approved by the Highland Homes corporate office.) The Realtor must be a State of Florida licensed Realtor and part of a State of Florida Real Estate Brokerage Office. Once a sales contract is signed and accepted by Highland Homes, an electronic copy will be sent to you. Any questions regarding the status or progress of a sale pending must be handled through a Highland Homes Sales Counselor. Highland Homes will assist In converting your prospect into a buyer. Highland Homes Sales Counselors are real estate professionals trained in new home sales. Whether your customer prefers an existing new home or a new home to be built, we are available to be of assistance to you. Highland Homes will work with you in converting your prospect to a buyer from demonstration to follow-up and right up through closing. All parties are In agreement with the policy for the following registered buyer: Bu er s : Raymond L. Givhan Jr. and Victoria Givhan Buyer Address: 1723 Lamancha Dr. Lawrenceville, GA 30044 Buyer Home Phone: 678-985-2092 Buyer Work Phone: Buyer Cell Phone: 678-343-5605 Buyer Email Co -Buyers Name Victoria Givhan Co -Buyers Home Telephone Co -Buyers Work Telephone [Buyer Cell Phone: Date of Buyer's initial visit: ]August 13, 2014 Realtors Name: Christopher J. Henry Realtor Company Si nature Realtor Assoc. Broker Name: Realtor Phone: 813-917-1523 Realtor Office Phone 813-689-3115 Realtor Other Phone: BUYER: 1( AI%4 / c UYER: / /� DATE: / I Rayrhrboncdl L Givh Jr. 'ctoria Givhan / REALTO DATE: / Christopher J. CGC 058560 VER 01/09 BUYER'S INITIALS 10 / Raymond L. Givhan Jr. & Victoria Givhan