Fortune Estate’s:
· Fortune Estate will meticulously verify all leads before forwarding them to real estate agents, including comprehensive prospect details and a recorded conversation with the lead.
· Fortune Estate commits to delivering leads within the agent’s service area promptly after verification.
· Fortune Estate will employ their production techniques with utmost care and dedication to generate leads. However, specific lead quantities cannot be guaranteed due to market fluctuations.
· A one-time setup fee is required for Fortune Estate’s services, encompassing all relevant taxes, and is eligible for a refund only upon successful closings by agents.
· Should an agent already have contact with a lead referred by Fortune Estate, no commission will be charged for that lead (though it may be referred to another agent).
· Fortune Estate will levy a 15% referral fee immediately after the agent receives their commission.
· A 15% referral fee will be applied by Fortune Estate to the gross commission on either the seller or buyer side, depending on the referral.
· If a lead is engaged in both selling and buying properties simultaneously, Fortune Estate will impose a 15% commission on both transactions.
· Fortune Estate will necessitate the signing of an agreement before providing referrals, with the coverage period commencing upon receipt of the signed referral agreement.
· Fortune Estate will distribute leads to agents across various price points, considering the costs involved in generating these leads and the desire to avoid wastage.
· Fortune Estate will not entertain refunds after 1 month of sign-up if the agent has not responded, signed, or provided a reason to Fortune Estate within that timeframe.
Realtor’s:
· Realtors are required to pay a one-time setup fee to join Fortune Estate, which will be allocated towards lead generation in their designated service area.
· Realtors are obligated to work on all leads referred to them by Fortune Estate.
· Realtor information will be safeguarded as confidential and secure by Fortune Estate.
· Realtors retain the option to terminate their engagement with Fortune Estate at any time, but they must honor their commitment to work on leads referred by Fortune Estate.
· In the event of a Realtor changing brokerages, prior notification to Fortune Estate is imperative.
· Realtors are responsible for remitting a 15% commission to Fortune Estate, calculated based on the gross commission, not the net.
· Realtors are prohibited from engaging in any illicit transactions with leads.
· Realtors acknowledge that Fortune Estate has the authority to terminate services with or without notice upon discovery of fraudulent activities.
· Realtors are aware that Fortune Estate can modify existing policies and terms and conditions. In such instances, Realtors are expected to adhere to updated terms without explicit approval for each change. It is crucial for Realtors to stay informed about potential policy updates and comply with them as they arise.
