BROKER PARTICIPATION & FORM

Auction

July 24 2010 at 10 AM

114 Tanbridge Rd., Wilmington, NC 28405

1994 sq. ft., 3 bedrooms, 2 ½ baths, partially enclosed 2 car garage on large .463 acre lot built in 1969. 

Brown & Kennedy Construction Co. Inc. (Macon Douglas Brown Broker) will pay a referral fee in the amount of two percent (2%) of the final high bid price received to any actively licensed North Carolina Real Estate Broker whose registered client buys the above referenced property.  The buyer must close on the transaction and take title to the property. 

The registration must be made by U.S. Mail, hand delivery, or fax to Brown & Kennedy Construction Inc., 209 W. Broad St, Beulaville, NC 28518, FAX:  910-298-4470 and received no later than Friday, July 23, 2008 at 5PM on the attached form.  Forms received after this date and time will not be accepted.

The broker must accompany the client at the auction and co-register with the client on auction day, sign off on the purchase contract as referring broker, and attend the closing with the client.

A referral fee will not be paid on any client who has contacted us directly or received mail from our direct mailing or e-mail list prior to our receiving a registration form.  No fee will be paid until Brown & Kennedy Construction Co. Inc. has received the commission that is due it on the transaction.  Agents acting as principles or on behalf of family members, other licensed real estate agents, or who represent prospects that have had prior contact with seller or Auction Company is not eligible for fee. Any broker or salesperson that purchases property for their own use or resale directly or indirectly will not receive fee.  Only one registered bidder per agent per auction. 

Brown & Kennedy Construction Co. Inc. & Auction Company of Wilmington represent the seller in the sale of these properties. Buyer’s agent must provide Buyer Agency Agreement

Buyer’s Name:              _____________________________________________

                                       (Please Print)

Registering Agent:         ____________________________________________

                                    (Please Print)

Agent License #            ____________________________________________

Firm Name:                   ____________________________________________

Address:                       ____________________________________________

____________________________________________

Telephone:        _____________________________         Fax:      ________________________

Date:                _____________________________         Time:    ________________________

Federal Tax ID # or Social Security #:      ______________________________

____________________________________(SEAL)

Registering Agent’s Signature