Ulmer Real Estate & Auction Company
BROKER REGISTRATION FORM AND GUIDELINES
P.O. Box 1522 Payson Arizona 85547
Auction date: _____________________ at the property. For directions see brochure or website.
BROKER INFORMATION:
Broker/Agent name:________________________________________________
Company name____________________________________________________
Company address/city/state/zip_______________________________________
Office Phone___________________ Cell phone__________________________
Fax number____________________Email______________________________
License number_________________Broker number_______________________
Tax I.D. number___________________________________________________
CLIENT/BIDDER/BUYER INFORMATION
Client name(s)_____________________________________________________
_____________________________________________________
Address/city/zip____________________________________________________
Office phone_______________________Cell phone______________________
Drivers License Number ( for ID confirmations at auction)___________________
BROKER/AGENT PARTICIPATING GUIDELINES:
1) Broker ackowledges that there is a 10% buyer's premium added to the winning high bid
to determine the final sales price. Thus, the final sales price is the sum of the winning high
bid amount, plus a 10% buyers premium.
A commission of 4% of the winning high bid amount (without consideration of the buyer's
premium) will be paid to the properly registered broker/agent of the winning bidder provided
that:
a) Broker/agent's client(s)/ (bidder(s))submits an opening bid in writing to Ulmer Real Estate & Auction Company Real Estate Auctions prior to the time of auction.
b) Broker/agent AND client(s) (bidder(s)) have completed,signed and returned
Broker/agent registration form and bidder/client registration form, and submitted completed
forms to Ulmer Real Estate & Auction Company no later than midnight of the night preceeding the auction.
c) Registration forms may be sent via mail to : Ulmer Real Estate & Auction Company, P.O. Box 1522
Payson Arizona 85547 or via fax to : (928) 474-5076. Forms sent to
any other address or fax other than those noted above will not be honored. Ulmer Real Estate & Auction Co. shall
have no responsibility for forms not received in a timely fashion no matter the reason.
Ulmer Real Estate & Auction Co. shall have no liability for failure to receive forms and/or process forms unless
such shall have been resolved to its satisfaction by the commencement of the actual auction.
Ulmer Real Estate & Auction Co. reserves the right to refuse to allow anyone or any entity in noncompliance with
its rules, procedures, and guidelines, from bidding in any auction.
d) Broker/agent must attend and sign-in at the auction with client unless previously
arranged with Auctioneer.
e) Broker/agent is currently licensed in Arizona
f) Broker/agent’s client must close on the property and must pay the total contract price
for the property in U.S. funds.
g) Broker/agent complies with all guidelines as set forth in this document.
h) Property is to be sold ‘absolute’ to highest bidder on auction day.
i) Winning Bidder(s)/Client(s) must submit a non-refundable deposit equal to 10% of
the winning high bid,on the day of auction. Personal checks are accepted.
j) Brokers client, prior to auctions, submits written loan pre-approval or written proof of
funds in an amount equal to or greater than total purchase price of property if client is winning
bidder.
2) Broker/agent, by placing their signature below, certifies, agrees and acknowledges the
following:
a) That this form consists of four pages and that broker/agent and client have received,
read and understand all four pages.
b) Broker/agent will hold harmless and indemnify Ulmer Real Estate & Auction Co. LLC from any and all claims with regard to commissions and representations
of any kind.
c) That any commission due will be payable upon closing and will be disbursed by the
escrow agent.
d) That the Broker/agent will not claim any exceptions to the procedures outlined in this
document unless made in writing and signed by the Seller, Ulmer Real Estate & Auction Co,
Broker/agent and Broker/agent's client.
e) Only written registrations duly accepted will qualify a Broker/agent for commissions.
f) That no Broker/agent shall receive any commission without the properly registered
winning bidders signature on the Broker Registration Form.
g) Only the first registration of a prospective bidder/client will be accepted and honored.
Any subsequent registration will be deemed null and void if the bidder/client has already
registered with another Broker/agent.
h) Broker/agent is duly licensed and entitled to collect commissions in the state of
Arizona
3) All bids must be submitted in US Dollars.
BROKER’S CLIENT(s) /(BIDDER(s)), BY PLACING THEIR SIGNATURE BELOW,
CERTIFIES, AGREES, AND ACKNOWLEDGES THAT:
Bidder(s)/buyer(s) has received, accepted and excuted the appropriate disclosure packet
receipt to confirm such acceptance for each and every item of the property disclosure package
for this property.
Bidder/buyer(s) acknowledges that they have (Check all that apply)
a) Personally Inspected the property _________.
b) Retained an independent inspector to inspect the property _______
c) Waive inspection of the property _______________
BOTH BROKER/AGENT AND ALL CLIENT(S)/BIDDER(S) BY SIGNING THIS AGEEMENT,
AGREE TO THE FOLLOWING:
Ulmer Real Estate & Auction Co. is an auction agent only. Broker/agent and all
client/bidders agree to indemnify and hold harmless Ulmer Real Estate & Auction Co. regarding all aspects of this transaction .
Disclaimer: Ulmer Real Estate & Auction Co. is the auction agent only and makes no representations or guarantees
regarding any property offered at auction. _______________________________________ is the listing
broker/agent. All information provided was obtained from sources deemed to be reliable, but is not guaranteed. It is
the responsibility of the buyer or the buyer's broker or agent, to determine the accuracy of all measurements, dimensions,
reports, representations and the physical condition of any property offered at auction. Ulmer Real Estate & Auction Co. is not responsible
if the property is unsatisfactory to the bidder in any way. The property is sold “as-is”.Bidders are strongly advised
to arrange for their own inspection. Ulmer Real Estate & Auction Co. reserves the right to deny admittance to property previews or auctions
to any person. Any and all announcements made on site on auction day will supercede any and all statements, written
or oral, made prior to auction date. Although highly unlikely, if the seller does not honor the winning bid, or if seller
fails to transfer title or to honor the sales contract in any way, neither Ulmer Real Estate & Auction Co, nor it’s principals or employees will
be held responsible or liable in any way. By placing his or her signature below, Broker/agent represents and warrants
that in the event of any misrepresentation or breach of any obligation by seller, both Broker/agent, and his or her
client will look solely to seller for any compensation and that Broker/agent will hold Ulmer Real Estate & Auction Co. harmless from any
breach of this representation and warranty, including the reimbursement of any attorneys' fees and costs incurred in
effectuating compliance with such representation and warranty.
Bidders written opening bid amount:______________________________
Broker/agent signature__________________________Date_________Time___________
___________________________
print name
Bidder/Client
Signature(s)_______________________Date__________Time___________
________________________
print name
Bidder/Client
Signature(s)_______________________Date___________Time___________
________________________
print name
For Office use only:
Received and acknowldeged:
________________ ___________________________Date_____Time______
For Ulmer Real Estate & Auction Company. LLC