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AGENT & BROKER INTRODUCTIONS

BROKER & AGENT INTRODUCTIONS AND TRANSACTION FACILITATORS CONCLUDING TRANSACTIONS BETWEEN THEIR EXCLUSIVE CLIENTS AND 21ST EQUITY HOMES MANUFACTURING INC.

21st Equity fully understands that there are transaction facilitators, business brokers, real estate brokers, corporate advisors etcetera who have working and contractual relationships with their personal client bases. As such we value the input of transaction facilitators, business brokers, real estate brokers, corporate advisors etcetera as an important component in marketing efforts within certain market segments.

We have been receiving more and more enquiries from brokers and agents alike and corporate advisors requesting written agreements from ourselves (21st Equity) relating to confirmation of commissions payable in the event of them being the effective cause of a successful transaction materializing between their clients and 21st Equity Homes Manufacturing Inc.

In response to the above we wish to clarify this aspect for the benefit of all such brokers, transaction facilitators, corporate advisors, etcetera. Kindly note that this procedure is not exhaustive and is to act as a guideline only as it is up to all parties to ensure their interests are protected:

  • All brokers, facilitators, agents, corporate advisors etc. should have in their possession binding documents (mandates, authority to represent the company and source opportunities and so on) between themselves and their clients, before approaching 21st Equity on behalf of your clients. This is to assist to protect against circumventure, disclosure etcetera. Irrespective of your relationship with your clients it is good business practice to have agreements of this nature in place;
  • All brokers etc. should be absolutely clear on what they are offering their clients and have information at hand which clarifies that your client has a need for or wishes to acquire the goods and/or services on offer by 21st Equity Homes Manufacturing Inc.;
  • The question of commission / fees payable to brokers after successful conclusion of a transaction is usually always one of the first items raised when brokers contact ourselves. Our answer to this is straightforward: Once you have a formal mandate from your client to represent the client in negotiations with 21st Equity Homes Manufacturing Inc. (you should ensure that you have a non-disclosure and non-circumventure agreement in place with your client firstly before disclosing that you are introducing 21st Equity Homes Manufacturing Inc.) and you as the agent have pre-qualified your client as being able to conclude a transaction with 21st Equity along with details of the company and mandate being available, then discussions could take place between ourselves. Just as a real estate broker would pre-qualify a client before showing them a property the duty is on the brokers etc. to pre-qualify clients before contacting ourselves. Once, the client is pre-qualified and the client successfully concludes a transaction with 21st Equity Homes Manufacturing Inc. then the agent would be entitled to commission to be paid via either our attorneys or the company. In all instances commissions are agreed on a transaction by transaction basis and once agreed upon the commission structure is inserted into the formal agreement to be signed between ourselves and your client. We are transparent insofar as our transactions are concerned and are guided by commission tariffs (for example if a real estate transaction is concluded such as a factory syndication) of up to as much as 7.5% of transaction value provided our sale prices for factory establishment have been met, depending on the transaction. Commissions in respect of transactions in respect of commodity trading (cement sales) are usually based on US$1 (one US Dollar) per Metric Ton sold if our pricing structures and procedures etcetera have been met;
  • We do not pay fees up front prior to a successful transaction having been concluded. Essentially, everyone gets paid upon profits being realized;
  • An introduction does not qualify for full commission and we generally do not merely act on introductions that are not properly pre-qualified. Brokers who provide a phone number and name only cannot expect us to do all the administrative work and legwork only to have us still pay full commissions;
  • We do not sign any agreements with brokers for their exclusive territories or to protect their commission payments except you would be willing to pay for an exclusive master license, which gives you exclusive territory rights and 50% profit share from whatever 21st Equity earns in such territory;
  • We do not ask brokers to represent us and if you refer to our LEGAL NOTICE at the end of this page, you will realize that no broker and/or company has the rights to represent 21st Equity Homes until you received such authorization in writing signed by the CEO of 21st Equity Homes.

The above outlines our overall company policy insofar as working with intermediaries (brokers and so on) are concerned. Brokers should familiarize themselves with the content hereof and represent their clients in the fashion as outlined above as it will avoid misunderstandings.

Our time, like yours, is valuable. Therefore, kindly ensure that your clients are pre-qualified prior to referring business to, or collaborating with, ourselves.

In case you wish to secure an exclusive territory master license, we do recommend that you read our License Partner pages.

To see if you qualify for a Master License, please contact us today.

 

 

21st EQUITY HOMES MANUFACTURING
 
 
© 2010 - 21st. EQUITY HOMES MANUFACTURING * All rights reserved worldwide. Unauthorized use or duplication prohibited.

LEGAL NOTICE: Regarding the use of the 21st Equity brand, the Villa in a Box, name/s, business methods and trademarks. Under no circumstances may prospective partner/s, master licensees, sub-licensees, agents or other persons use, market or otherwise any of the 21st Equity brands, business methods and/or trademarks; nor may they represent 21st Equity until they have received such authority from 21st Equity in writing and signed by the 21st Equity CEO or President in writing or until such time as they have fulfilled all requirements in terms of contractual obligations. Any breach of this requirement will, at the sole discretion of 21st Equity, be enforceable by law and may include but not be limited to damages claims through such representation and/or misrepresentation by the party utilizing the 21st Equity brand, trademark and/or business methodologies without authority.

21st Equity Homes Manufacturing Inc., (Villa in a Box) and its associated brands and trademarks (hereinafter referred to as 21st Equity) are registered in the State of Nevada and Wyoming, USA. Managing Partners, Junior Partners, Master Licensees, Sub-Licensees and Member Affiliates of the 21st Equity Homes Manufacturing Inc. and its associated brands and trademarks are a network of independent firms affiliated with 21st Equity. 21st Equity provides no client services. No managing partner, junior partner, master licensee, sub-licensee or member affiliates or entity has any authority to obligate or bind 21st Equity or any other member firm vis-a-vis third parties, nor does 21st Equity have any such authority to obligate or bind any member firm.