A Participating Broker Fee equal to three percent ( 3% ) of the High Bid will be paid by Auction One Las Vegas at close of escrow to a qualified licensed Broker whose client closes the purchase of the property. Participating Broker Acknowledgment form must be presented when registering at the auction. To qualify for payment of the Participating Broker Fee Broker must adhere to all the following: Be duly Licensed as a Real Estate Broker/ Agent. Attend the auction, register with their prospect there and bid for or with them. A Broker/ Agent may not serve as a principal with respect to the property. No prospect shall be recognized as a Broker/Agent client if the prospect had previously contacted or been contacted by the sellers or their representatives. A copy of the Broker Agreement must be presented when registering at the auction. 

BUYER’S PREMIUM: