UNLISTED PROPERTIES (FSBO) SUPPLEMENT

For Sale By Owner (FSBO) Properties

This is a supplement to the Buyer Broker Appointment Letter dated ________________.

My broker or I may identify a prospective property that is not listed for sale or one where the listing agent wonít pay my broker (FSBO Property). In the event I elect to purchase such a FSBO property, I agree to either:

  1. Require as a condition of sale that the Seller pay to my broker a fee of _____ percent of the sale price; or

2. I will pay my broker, at close of and through escrow, a fee as follows:

____________________________________________________________________.

I am not obligated to pay the broker any fee in the event a lease or purchase does not occur.

I am not obligated to pay the broker any fee if the property is listed unless the listing agent wonít pay my broker.

Buyer:

Print Name(s): _____________________________ Signature: _______________________

Address: ________________________________________________________________

For Buyer Broker:

Print Name of company: ___________________________________

Print Agentís Name:_______________________________________

Agentís Signature: ________________________________________

Address: _____________________________________________ Phone: _____________

 

Copyright 1997 by the COMMERCIAL REAL ESTATE INSTITUTE, Inc. To obtain permission to use this form, call (602) 837-8687.

Any use without permission is unlawful.