Real Estate Referral Agreement
This Real Estate Agent Referral Agreement (the "Agreement") is made and entered into as of the date provided in Exhibit A attached hereto, by and between Back Office Boost, a service provider operating in Florida ("Back Office Boost"), and the Licensed Real Estate Agent identified in Exhibit A ("Agent").
WHEREAS, Back Office Boost provides branding, marketing, and weekly training services to assist real estate agents with the operations of their business, including lead generation; and
WHEREAS, Agent is a duly licensed real estate agent in the state identified in Exhibit A attached hereto and desires to receive leads and services from Back Office Boost; and
WHEREAS, both parties desire to enter into an agreement whereby Back Office Boost will provide leads and services to Agent, and Agent will pay a referral fee to the founder of Back Office Boost for any transactions closed as a result of those leads or services.
NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties agree as follows:
1. Referral Opportunities and Operations Services.
Back Office Boost agrees to provide Agent with the following services:
* Personality-matched branding, marketing materials and strategies.
* Weekly training sessions.
* Lead generation services, providing Agent with real estate leads.
* Assignment of a dedicated support coordinator.
2. Agent Responsibilities.
Agent agrees to the following:
* Respond to leads provided by Back Office Boost and add notes to the lead's contact record within one (1) hour of receipt.
* Maintain accurate and up-to-date records of all communications and transactions with leads provided by Back Office Boost.
* Report weekly numbers to Back Office Boost.
* Meet with their assigned support coordinator as scheduled.
* Act in a professional and ethical manner in all dealings with leads and clients.
* Comply with all applicable laws and regulations governing real estate transactions in Agent's stateof licensure as provided in Exhibit A.
3. Exclusive Territory.
Back Office Boost will assign Agent an exclusive area not to exceed 10,000 households. Additional areas may be added at Back Office Boost’s sole discretion. Back Office Boost reserves the right to modify the assigned territory based on performance and market conditions.
4. Referral Fee.
* In consideration for the leads and services provided by Back Office Boost, Agent agrees to pay the founder of Back Office Boost a referral fee equal to ten percent (10%) of the gross commission earned by Agent on any real estate transaction that closes as a direct or indirect result of leads or services provided by Back Office Boost (the "Referral Fee").
* This Referral Fee applies to any closings generated from Back Office Boost leads or from the Agent's personal contacts through the use of Back Office Boost's systems to nurture those contacts.
* The Referral Fee obligation shall continue for a period of twelve (12) months after the termination or cancellation of this Agreement, with respect to any leads or contacts provided or nurtured during the term of this Agreement.
5. Payment of Referral Fee.
* Agent shall remit the Referral Fee to Back Office Boost within five (5) business days of receiving the commission from the closing of the real estate transaction.
* All Referral Fees shall be paid to EPIQUE Realty, for the benefit of Lisa Ragland or its assigns.
* For Agents not licensed with EPIQUE Realty, Payments shall be sent via wire transfer to EPIQUE Realty or payable to EPIQUE Realty and mailed to Lisa Ragland at P.O. Box 196, Supply, NC 28462. Back Office Boost will provide Agent with the necessary wire transfer instructions. For Agents licensed with EPIQUE Realty, Lisa Ragland shall be added as a co-agent on every transaction CDA.
6. Lead Connection Fee.
If Agent fails to add notes to a lead's contact record within twenty-four (24) hours of receipt, Back Office Boost reserves the right to contact the lead directly and charge Agent an additional forty-nine dollar ($49.00) lead connection fee. This fee is in addition to any applicable Referral Fees.
7. Excluded Contacts.
Agent is permitted to exclude up to ten (10) personal contacts or businesses from the Referral Fee obligation. Agent must provide Back Office Boost with a list of these excluded contacts within thirty (30) days of the effective date of this Agreement.
8. Term and Termination.
* This Agreement shall commence on the date first written above and shall continue for an initial term of ninety (90) days after lead generation is active (the "Initial Term").
* Upon expiration of the Initial Term, this Agreement shall automatically renew for additional twelve (12) month terms (each a "Renewal Term") unless either party provides written notice of termination to the other party at least thirty (30) days prior to the end of the then-current term.
* Back Office Boost reserves the right to terminate this Agreement at any time, with or without cause, upon written notice to Agent.
* All payments made to Back Office Boost under this agreement are non-refundable.
* Agent understands their assigned territory will be forfeited upon termination and the Back Office Boost system for that service area is subject to reactivation with another agent in that territory.
9. Cancellation by Agent.
* If Agent desires to cancel this Agreement within the Initial Term, Agent may do so by paying Back Office Boost a fee of one thousand dollars ($1,000.00). Upon payment of this fee, Agent shall retain the right to use their marketing and branding kit.
* Domain name and website transfers may be permitted upon cancellation, subject to an additional fee to be negotiated between the parties.
10. Independent Contractor Relationship.
The parties agree that Agent is an independent contractor and not an employee, partner, joint venturer, or agent of Back Office Boost. Nothing in this Agreement shall be construed to create any such relationship. Agent is solely responsible for all taxes, insurance, and other expenses associated with their business.
11. Confidentiality.
Agent agrees to hold confidential all proprietary information and trade secrets of Back Office Boost, including but not limited to lead generation methods, marketing strategies, and training materials.
12. Governing Law.
This Agreement shall be governed by and construed in accordance with the laws of the State of Florida, without regard to its conflict of laws principles.
13. Dispute Resolution.
Any dispute arising out of or relating to this Agreement shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association. The arbitration shall take place in Florida.
14. Entire Agreement.
This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior or contemporaneous communications and proposals, whether oral or written.
15. Amendment.
This Agreement may be amended by BOB at any time. Agents will be notified via email and/or the Back Office Boost website with any changes. Agent agrees to any updated terms, unless a written request is received from the Agent within seven (7) days of notification of such updates.
16. Severability.
If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
17. Notices.
All notices required or permitted under this Agreement shall be in writing and shall be deemed effectively given upon personal delivery or upon deposit in the United States mail, certified or registered, postage prepaid, addressed to the party at the address set forth below their signature.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.
Back Office Boost
By: ____________________________
Name: Lisa Ragland
Title: Founder
Corporate Address: 1317 Edgewater Dr. #1407, Orlando, FL 32804
Mailing Address: P.O. Box 196, Supply, NC 28462
Agent
By: ____________________________
Name: ____________________________
Title: Licensed Real Estate Agent
EXHIBIT A: AGENT INFORMATION
* Agent Name: ____________________________
* Agent Address: ____________________________
* Agent Phone Number: ____________________________
* Agent Email Address: ____________________________
* Real Estate License Number: ____________________________
* Assigned Exclusive Territory: ____________________________
* Effective Date of this Agreement: _________________________