Agent Agreement
This is a legal agreement (“Agreement”) between you and Agent Pronto, LLC, its
PROLINC division, and its subsidiary Agent Pronto Canada Ltd. (collectively,
“Agent Pronto”, “PROLINC”, “we”, “us”, or “our”). You hereby agree to the following:
Requirements for Participation
- You are of legal age and capable of forming a legally binding contract.
- All information you provide to us is accurate. Should it change in the
future, you will update us immediately.
- You have a current and valid real estate license, are qualified to practice
real estate, and will follow all applicable laws.
- You will update us immediately regarding any changes to the status of your
real estate license.
- You have appropriate insurance coverage for your real estate practice.
- You acknowledge that you have obtained your broker’s permission or any
other permission required in order to use our services.
- You acknowledge that all real estate clients that you accept from us are
referrals and are subject to this Agreement. If an accepted referral reached
out on behalf of another individual, including but not limited to a family
member, business associate, friend, neighbor, etc., this Agreement applies
to the individual consummating any subsequent real estate transaction. If a
referral is a client you were actively working with at the time of acceptance
from us and you wish to dispute the applicability of this Agreement, you
must notify us within 48 hours of acceptance and provide acceptable supporting
documentation. Any final determination of applicability of this Agreement
will be at our sole discretion.
- You are responsible for the real estate services provided to your clients
and agree to indemnify, defend, and hold Agent Pronto harmless from any
claims, costs, and damages incurred by Agent Pronto arising from claims by
your clients regarding the services you have provided.
- You agree to our Terms of Use and Privacy Policy.
Payment of Referral Fee to Agent Pronto
- You agree to pay us a referral fee equal to a percentage of the gross
referred-side commission received from real estate transactions involving
referrals you accept through our services. This percentage will be specified
for each individual referral prior to acceptance and is not negotiable
unless otherwise specified, documented, and agreed upon by you and Agent Pronto.
- You agree that the gross referred-side commission is the amount received by
your broker prior to any split of commission with agents or other brokers
on the referred side of the transaction.
- You agree to pay the referral fee described above for all commissions
received from real estate transactions involving a referral for a period of
three years from the date you accept the referral.
- You agree that referrals are not transferable to any other agent or broker.
In the event that a referral is transferred or referred, you will be required
to pay the equivalent of the referral fee associated with any transactions
for a period of three years from the date you accept the referral.
- If you move from one brokerage to another, you agree that you or your broker
will assume responsibility of the referral fee described above for any
commissions generated from real estate transactions with the referral at
either brokerage.
- You agree that within five (5) business days prior to the closing of the
referral’s transaction, you will complete all legal documentation necessary
to facilitate the payment of the referral fee to Agent Pronto, including
providing the closing agent and any other applicable parties with our
invoice and other applicable documents.
- You agree to remit payment of the referral fee to Agent Pronto within
fourteen (14) days of the closing of the referral’s transaction.
Payment of Referral Fee from Agent Pronto
- If you refer a client to us, we agree to pay your brokerage or broker a
referral fee of 25% of the receiving agent’s gross referred-side commission
from a real estate transaction involving a referral that you submitted to
us, unless otherwise specified, documented, and agreed upon by both parties.
- We will retain a referral fee of 10% of the gross referred-side commission
from a real estate transaction involving a referral that you submitted to
us, unless otherwise specified, documented, and agreed upon by both parties.
- Referral fee payments are calculated on the receiving agent’s total gross
referred-side commission prior to any payments to their real estate
company, broker, brokerage, or any other party.
- The referral fee described above will be paid for all commissions received
by the receiving agent from real estate transactions involving a referral
that you submitted to us for a period of two years from the date the
receiving agent accepted the referral.
- In the event that we are for any reason unable to collect a referral fee
based on the commission generated from a real estate transaction involving
a referral that you submitted to us, you agree to waive your brokerage’s
portion of the referral fee described above.
Terms
- You can choose to stop participating in our services at any time with
written notice. We can also terminate this Agreement and your participation
at any time and without notice.
- Termination of your participation does not negate this Agreement for any
referrals you’ve already received from us. We are under no obligation to
pay you a referral fee if you are found in violation of this Agreement and
your participation is terminated.
- This Agreement does not establish any relationship of partnership, joint
venture, employment, franchise, or agency between you and Agent Pronto.
- If you are found in violation of this Agreement, your participation may be
terminated and you will be legally responsible for breach of the terms
outlined in this agreement.
- This Agreement may be assigned by Agent Pronto without your consent and all
rights and obligations of Agent Pronto shall, from the date of assignment,
belong to Agent Pronto’s assignee. Assignment shall not relieve you of any
of your rights or obligations under this Agreement. You may not assign this
Agreement without the express written consent of Agent Pronto. This provision
applies retroactively and covers all rights and obligations existing under
this Agreement and any previous Agreements between you and Agent Pronto.
- We reserve all rights in and to Agent Pronto, Agent Pronto Canada, and
PROLINC and all related intellectual property not expressly granted under
this Agreement. “AGENT PRONTO,” “PROLINC” and all associated logos displayed
within our service are our trademarks (unless otherwise noted).
- Agent Pronto and PROLINC (including the underlying software), this Agreement,
and any other proprietary or confidential information provided to you is
Confidential Information. You agree not to disclose our Confidential
Information and agree to use our Confidential Information only as provided
in this Agreement.
- All parties agree to expressly waive their rights to mandatory arbitration
and mediation under the Code of Ethics and Standards of Practice of the
National Association of REALTORS®. Furthermore, all parties agree that the
laws of the State of Georgia, excluding its conflicts of law rules, govern
this Agreement. The exclusive jurisdiction and venue of any action arising
out of or related to this Agreement will be either the state or federal
courts in Cobb County, Georgia, and the parties agree and submit to the
personal and exclusive jurisdiction and venue of these courts.
- Except as expressly stated above, the Agent Pronto and PROLINC services are
provided “AS IS” and “as available,” without warranty of any kind, and we
hereby disclaim all other warranties and conditions, express, implied, or
statutory.
Last updated March 09, 2023