www.SellMyHouse.com and our Affiliate Network invites broker participation at our auctions. In most cases our properties are listed on the MLS and we encourage you to bring an offer if possible prior to an auction. Coop fees are described on each MLS listing per local MLS rules. If however you have a client who is the winning bidder at one of our auctions, our local Affiliate will pay your brokerage company a one and a half percent (1.5%) commission, based on the winning bid price, not the total purchase price. Please note that there is a difference between the Coop fee offered on the MLS and our Broker Coop fee paid at auction. To qualify you must register your buyer prior to the auction, the transaction must close, and be licensed to act as a Broker/Agent with your state. To qualify for a commission and become a Registered Broker or Agent, you must:
1. Send in a Broker Participation form if your client registers online as a bidder.
2. Inspect the property with your client prior to the auction.
3. Register with the listing agent and attend the on-site auction.
4. Execute all necessary paperwork on behalf of your client if your client’s offer is accepted.
Please note that your client will be expected to follow all procedures as described on this website for buying at auction including pre-registration, pre-approval letters, and cash fund requirements.
There are no exceptions to the broker participation rules. No employee or agent of SellMyHouseAuction.com is empowered to modify or change any provision of the Broker Participation Program.