Real Estate Consulting Agreement

Real Estate Consulting Agreement
This Agreement made this _______ day of __________________ 20____, is by and between
_____________________, Investor, of ________________________________________ and _________________________,
Consultant, of _____________________________________________. In this Agreement, the parties who are contracting to
receive services shall be referred to as the “Company” and the party who will be providing the services shall be referred to as the
"Consultant".
The Company desires to have services provided by the Consultant. Therefore, the parties agree as follows:
1. DESCRIPTION OF SERVICES. Beginning on _______________20____, the Consultant will
provide the following services (collectively, the "Services"): a real estate locator, referral and contact service.
2. PERFORMANCE OF SERVICES. The manner in which the Services are to be performed and the specific hours to be worked
by the Consultant shall be determined by the Consultant. The Company will rely on the Consultant to work as many hours as
may be reasonably necessary to fulfill the Consultant’s obligations under this Agreement.
3. PAYMENT. The Company will pay to the Consultant a fee in the following two circumstances:
(a) Property Leads. When the Consultant introduces a property to the Company and there is no real estate agent or Realtor
already listing the property for sale, and the Company then purchases the property, the sum of $500.00 (“the Fee”) will be paid to
the Consultant. The Consultant understands and agrees that the Fee will be paid to Consultant at the time of closing on the said
property to a third party. The Consultant understands that every effort will be made by the Company to close on the property in a
timely manner.
(b) Realtor Leads. When the Consultant introduces a real estate agent or Realtor to the Company who then engages with and
sells properties with and for the Company, the Company agrees to pay to the Consultant the following:
1-5 Properties: 0.5% of the net proceeds of the sale price of said properties.
6-10 Properties: 1% of the net proceeds of the sale price of said properties.
11+ Properties: 1.5% of the net proceeds of the sale price of said properties.
The Company requires the Consultant to provide it with an invoice at the time of closing on the properties, and the Company
agrees to provide to the Consultant a draft invoice for this purpose. Upon termination of this Agreement, payments under this
paragraph shall cease; provided, however, that the Consu ltant shall b e entitled to payments for periods or partial periods that
occurred prior to the date of termination and for which the Consultant has not yet been paid.
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