We the undersigned agree that in the event ______________________ ("the hotel seller") sells a property and/or business listed on our websites, www.hotels-fsbo.com, www.hotelsforsale.biz or www.restaurants-fsbo.com to a client referred by the FSBO International Group, Inc. ("FSBO"), or to a buyer found in any of FSBO’s databases, the hotel seller will pay a commission equivalent to 2.0% of the final sale price at closure of the purchase of the property and/or business. If the property is leased, a commission of 5% of one years lease payments will be paid to FSBO on the signing of the lease documents.
The hotel seller agrees to supply FSBO with copies of all correspondence with clients referred by FSBO, and to keep FSBO up to date with negotiations on a weekly basis. The hotel seller agrees to give FSBO the name and contact information of its attorney and to instruct the attorney to inform FSBO of all negotiations, exchange of contracts, and closing arrangements undertaken with potential buyers referred by FSBO. FSBO will, at its option, have the right to have a representative or agent at closing and will be given adequate notice of closing to arrange for attendance.
FSBO has the right to cancel this agreement at any time at their option, and to accept or remove listings supplied by the Hotel seller at any time at their option. The hotel seller cannot cancel this agreement while negotiations are pending with potential buyers referred by FSBO. FSBO reserves the right to edit all property descriptions submitted by the seller, to protect both parties’ trading position and interests.
All disputes in connection with the present Agreement shall finally be settled under the Rules of Conciliation and Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance with those rules.
This Agreement shall be governed by and construed in accordance with the laws of the Oregon applicable to contracts executed and to be wholly performed therein. Any dispute hereunder shall be brought in the state or federal courts in Lincoln County, Oregon, USA.
Signed
……………………………………………….Date…………………………………..Place……………………………………
Hotel Owner
Contact information: ………………………………………………………………………………………………………......
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Details of referring agency:
Name of referral agency: FSBO International group, Inc.
Signed
………………………………………………Date…………………………………..Place…………………………………….
Tony Haffner, COO, FSBO International Group, Inc.
PO Box 743, Yachats, Oregon, 97498, USA
Tel: 541-547-4736 Fax: 775-262-3411
E-mail: tony@hotels-fsbo.com
