Buyer Broker Auction Registration Form

NOTE: Buyer/Client first and last names must match the buyer/client registration information submitted for the online bid.

THIS IS A CONTRACT

1. The Bidder’s signature confirms that the Broker/Agent represents them. The bidder knows that the Broker may receive compensation from the transaction's proceeds.
2. The commission paid to the registered broker/agent shall be 2.5% of the client’s winning bid for the real estate, not including the buyer’s premium or other fees, if applicable.
3. To be entitled to any commission or referral, the Broker/Agent must:
   1. Register his/her client by filling out the BUYER’S BROKER AUCTION REGISTRATION FORM in full, including the signatures of the Bidder and Managing/Principal Broker.
   2. Submit the Buyer’s Broker Auction Registration Form to FourSquare Auctions (ad***@4s*********.com) no later than 24 hours after the Bidder’s Registration with the Auctioneer but by no means later than 24 hours before the auction closing.
   3. Broker/Agent agrees that upon endorsement of this agreement, they certify, agree, and acknowledge that:
      1. The broker/Agent will not claim any exceptions to the procedures outlined in this document unless mutually agreed upon, as evidenced by the signatures of the Broker/Agent and Auctioneer.
      2. No oral or implied registration will qualify the Broker/Agent for participation.
      3. The Broker/Agent agrees, understands, and will follow all the guidelines of this agreement and any state and local laws or regulations pertaining to auctions and/or real estate practices.
      4. Broker commission/referral will be paid at the final title closing of the property(s) purchased by the broker’s client.
      5. Only the first broker/agent who duly registers a potential bidder will be considered.
      6. The Broker/Agent will hold harmless and indemnify FourSquare Auctions and/or Thomas O Cox, Managing Broker, from any claims of their clients and/or prospects regarding this agreement.
   4. Brokers and Agents are not eligible for participation if they, their immediate family, their business partners, or their non-human entities are principals of the purchase.
4. Broker/Agent, by their endorsement below, agrees and acknowledges that:
   1. They are appropriately licensed to participate in the auction as a real estate licensee eligible to receive a commission or referral according to the laws of Indiana or Kentucky.
   2. FourSquare Auctions and Thomas O Cox, Principal Broker, represent the seller(s) in this auction.
   3. The Buyer Broker/Agent shall hold harmless and indemnify FourSquare Auctions and/or Thomas O Cox, Principal Broker, from any representations or actions made by the Broker/Agent.
5. This agreement is the entire understanding between the Broker/Agent and the Auctioneer. No other agreement shall be recognized, whether orally or in writing.

Tom Cox, Auctioneer
Indiana License Number AU1170024
Kentucky License Number 259137
Indiana Real Estate Broker License RB14029651
Kentucky Real Estate Broker License 196175