Liquidation Sensation Fee Structure

•      A 5% Buyers premium will be attached to every successful bid, over and above the bid price.

Trademark Properties becomes the selling agent but will only work for split fees as follows: Listing Agreements already in effect will apply. They must be turned in to the Trademark representative handling your property. In the scenario of a property being entered into the auction that is already listed:

For residential listings, Trademark Properties will receive 50% of listing fees or a 3% commission on the selling side, whichever is higher. If a residential property is entered into the auction and sells prior to the auction, Trademark Properties will receive a 3% maximum exposure fee from the seller. For multi-family, raw land, and commercial properties Trademark Properties will receive a 5% commission on the selling side or 50% of listing fees, whichever is greater. If a multi-family, commercial, or raw land deal sold prior to auction Trademark Properties will receive a 5% maximum exposure fee from the seller. If the buyer has registered a sc licensed real estate agent as their agent, Trademark Properties will pay a 1% referral fee from the Trademark portion of the commission. Any agent that is not pre-registered by their buyer will not be protected on compensation.

EXAMPLE:

1.     Property is listed currently for $125,000 and has a 6% commission. 3% to the listing agent and
        3% to the co-broke agent. The property sells at auction for $100,000.

The buyer pays $105,000 for the property. 5% goes to Trademark Properties as a buyer premium. The commission is calculated on the $100,000 successful bid price. In this scenario, $3,000 would go to Listing Agent. $3,000 would go to Trademark Properties (i.e. selling agent). If the buyer has pre-registered with an agent helping them, the buyer’s agent will receive a 1% referral fee paid by the Trademark portion of the commission.

 

 

 

 

2.     The same property above is listed with a 4% listing agreement.

 

 

 

 

3.     The same property (with a 6% list commission) gets a contract prior to auction for $100,000
         and it is accepted.

 

 

 

4.     A 40 acre tract of land is listed at 8% commission for $1,000,000.
         It is sold for $800,000 at the auction.

 

 

 

Some restrictions will apply to current listing fees and how they are split regardless of what the agreement currently says.

*plus various closing costs customarily paid by buyer **minus various closing costs customarily paid by seller.