Broker Referral
Brokers who have time motivated sellers partner with Lippard Real Estate & Auction because they can sell and close their property in an accelerated time frame. Through Lippard Real Estate & Auction selected database, you can effectively reach an exclusive and affluent buyer profile, while freeing up your time and resources to obtain new clients and listings.
Through the Auction Alliance Referral Program, Lippard Real Estate & Auction. has created alliances with the brokerage community including "Who's Who in Luxury Real Estate", whose member brokers represent several thousand agents throughout the U. S. and abroad.
The ideal candidate for a Lippard Real Estate & Auction. is a property expected to sell for $100,000 or more with a seller committed to selling at a market price determined by the open competition of the auction. It can be especially useful for properties that, for some reason, have had difficulty rising above the market clutter and attracting attention. Because numerous factors go into a property's suitability for auction, it is best to consult a Lippard Real Estate & Auction Marketing Specialist for a complete evaluation.
Contact us to see how this process works.
Buyer Broker Program
Lippard Real Estate & Auction innovative Buyer Broker Program, brokers are able to earn substantial commissions by representing buyers at auction. A commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. The compensation of licensed real estate brokers is based on the amount of the written opening bid they secure from their potential buyer. Broker registration forms are available from the Auction Information Center and must be completed and returned no later than 48 hours prior to the auction.
Should their client be the successful purchaser, they will be paid a percentage of the written opening bid amount submitted 48 hours before the auction, and a percentage of the difference between their clients' opening bid and the final high bid price. Thus, the broker can earn maximum commission only through the submission of a high opening bid. The higher an opening bid, the more commission the broker can earn. In order for a commission to be paid, the client must close on the property(s) and must pay the total contract price for the property(s).
This program has produced excellent opening offers for our sales and has also aided us in conveying many properties before the auction for outstanding prices. Many of our events included broker participation.
For additional information, please contact Lippard Real Estate & Auction 580-237-7174
