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Realtor Policy Important Guidelines to Follow

Akel Homes deeply values the realtor community. Over the past thirty years, Akel Homes has cooperated with realtors. A commission on a sale is paid at the time of the closing. In order to ensure that the commission is earned and paid, it is important to adhere to the following Realtor Policy. This policy is standard for all Akel Homes communities. Please note that Akel Homes does not accept any online registration of prospective purchasers. All registrations must be in person at the corresponding community’s sales center.

Purchaser Registration: All prospective Purchasers will complete a Walk-In Registration Form upon their initial visit to an Akel Homes community. That form will provide the prospective purchaser an opportunity to indicate whether they are working with a Broker or one of Broker’s Agents, and if so, provide the Broker’s name and contact information. If the Purchaser registers without identifying a Broker or Broker’s Agent, no Broker will be eligible to receive a commission for that Purchaser’s purchase.

Broker Registration: Broker or one of Broker’s Agents must be present during the Purchaser’s initial visit to the community and must complete a Broker Registration Form at that time. If not present during the Purchaser’s initial visit but the Purchaser has indicated they are working with the Broker on the Walk-In Registration Form, the Broker may visit the sales office and complete the Broker Registration Form within two days of the Purchaser’s initial visit. The Broker Registration does not guarantee a commission payment. The Broker determined to be representing the Purchaser at the time of Purchase Agreement is the Broker who will be paid the commission on the purchase and sale.

Purchaser Representation: Upon execution of the Broker Registration Form, the Broker will have the exclusive right to represent the Purchaser in connection with the purchase of a home in the community for a period of 90 days. The Broker Registration Form does not guarantee a commission payment. If within ninety (90) days of the initial visit, a Purchase Agreement is executed and the transaction closes, commission will be deemed earned and payable (within three (3) days following closing) to the Broker who is designated as the Purchaser’s Broker on the Broker Participation Agreement (separate and apart from this Broker Registration Form). In the event of any default by the Purchaser, no commission shall be paid to earned or paid. Broker will fully disclose the relationship to Purchaser and will acknowledge that Broker does not represent Seller.

Once a Purchaser has visited any Akel Homes’ community without identifying a Broker or if any 90 day protection period expires, no commission will be paid to any Broker for that Purchaser’s purchase unless Broker re-registers Purchaser after 1 year elapses from that Purchaser’s last contact with any Akel Homes’ community. Broker registration starts over with each new community.

Commissions: Commissions may be different at each community, but are generally 3% of the net purchase price (i.e., base purchase price of the home plus lot premium, not including any options, less all credits and promotional discounts). Commissions are payable at closing only if and after the transaction actually closes. If closing does not occur for any reason whatsoever, no commission will be earned or paid. Broker must have an active Florida Real Estate License in order to earn commission. Brokers may not refund, rebate, or otherwise reimburse Purchaser for any portion of the commission earned.

Marketing: Broker, its agents and/or representatives are not permitted to:
• Copy or use any materials of Seller, Akel Homes or any of Seller’s or Akel Homes’ logos on any of your websites or in any of your marketing materials including, without limitation, text, floor plans, site plans, elevations, renderings, illustrations, videos, graphics, photographs and/or images.
• Use the name of our projects, Seller, Akel Homes or other trademark of Akel Homes (or any derivations thereof) in any internet or website domain name.
• Use any project name or other trademark (or any derivations thereof) of Seller or Akel Homes as part of the name of your brokerage company or any division thereof.
• Include any hidden metadata in any of your websites containing any project name or other trademark (or any derivations thereof) of Seller or Akel Homes.
• Refund or rebate any portion of your Commission, Bonus or other compensation to Purchaser.

All references to Seller, Akel Homes, a Akel Homes project name, a floor plan, model or other item of Seller or Akel Homes appearing on any website page of Broker shall only be used as hyperlinks to Akel Homes’ webpages and content utilizing hyperlinks provided by Akel Homes which shall be made available to Broker upon request.