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WHAT IS THE $10G PROGRAM?
The $10G program is a promotional program to encourage showings on our company's listings.
WHAT IS THE BASIC PREMISE OF THE $10G PROGRAM?
When an agent sells one of our participating listings they are eligible to participate in a contest. The winner of the contest will receive the $10,000 prize.
WHERE DOES THE $10,000 COME FROM?
The program requires a small contribution ($250) from the seller of each property that participates.
WHEN AND HOW IS THE $10,000 PRIZE GIVEN AWAY?
When forty 10G properties sell the agents who brought the buyers to those homes will be invited to participate in a contest at the next scheduled RE/MAX at the Lake sales meeting. This contest may be a Spelling Bee, a test about North Carolina Real Estate Law, or some other creative way to find just one lucky winner. Each time 40 10G properties sell we will hold another contest.
HOW WILL THE $10,000 BE PAID?
Just like any other commission, it will be paid to the agent's firm to be split as they see fit.
HOW SHOULD I FILL OUT THE REQUIRED COMMISSION DISCLOSURE TO BE SIGNED BY THE BUYER CLIENT?
There should be a pre-completed Confirmation of Additional Compensation in the listing package at the house. If you do not receive one, please call our office and we will forward a copy to you.
WHERE WILL THE MONEY BE HELD UNTIL THE DRAWING?
The money will be held in a separate account opened specifically for the $10G prize.
HOW LONG WILL IT TAKE TO GIVE AWAY THE $10,000 PRIZE?
That depends on how quickly 40 homes sell. The more 10G designated homes that sell, the faster the contest will take place.
WHO DO I GO TO WITH MORE QUESTIONS?
Please ask Terry Edmundson or Laura Chilcoat, Broker/Owners of RE/MAX at the Lake, if you need clarification on the program or its details.
Please do not hesitate to ask us for more information about this exciting program. We know it is different, but this market requires outside the box thinking and that's what RE/MAX at the Lake is all about!
Thank you so much for showing our listing! We wish you the best in your home search and welcome you to the area!