New Client Registration
On a new home construction purchase for the above client, Sposen Signature Homes (SSH) will pay the below referenced broker a three (3 %) commission of the base price of the house, less any site prep costs/allowances, permit and impact fees and non-profitable allowances. Non profitable allowances to include, but not limited to: seawall, dock and/or well and septic system. SSH will pay an additional 1% commission on any upgrades buyer may choose at time of contract. On any inventory home purchases SSH will pay the commission outlined in the MLS. You must accompany your client on their first visit to the SSH office. SSH expects and appreciates your support in building client confidence and trust in SSH. Payment of said commission shall be paid to the active, licensed broker at the time of the execution of the construction contract. On cash and externally funded construction contracts, the commission will be paid in full at initial funding providing the initial deposit released to SSH is 20% or more. If the initial deposit released to SSH is below 20%, then commission will be paid 1/2 at funding and 1/2 when SSH receives the draw upon completion of slab. If a bonus is due, the bonus will be paid at the slab draw. On internally funded construction contracts, any commissions and/or bonuses will be paid upon the funding of the construction contract, which happens upon the completion of the home.