20th Century Construction would love the opportunity to work for you and your clients. For more than 40 years, we have been committed to building quality homes and have a great reputation and commitment to customer service.
Following are the general terms and conditions regarding commission payment:
Registration must be completely filled out (see below) and you must accompany your client to the first meeting. You can register them in person at our model home or meeting, whichever is first. We will honor all registrations for 90 days. It is the realtor’s responsibility to re-register clients after 90 days. If the buyer lapses the 90 days or is registered with another agent outside of the 90 days, 20th Century Construction will not be held liable for commissions to the original realtor. If the client is already registered with 20th Century Construction, we will notify the realtor to discuss further. In the event that multiple realtors claim to have rights to commission for the same buyer, any split will need to be negotiated between the realtors and the buyer.
Contracts are to be on 20th Century Construction documents.
Non-Listed Homes
20th Century Construction pays a 2% buyers’ agent commission based on the base home sales price, excluding land cost and structural upgrades. For presales, commissions will be paid as follows: 50% once purchase agreement is signed and all deposits and monies are in and the remaining 50% once funded and title is transferred. Any buyer purchasing a model or spec, commissions will be paid once fully funded and the title is transferred. Commissions are not paid on structural upgrades, change orders, lot costs or premiums and/or option upgrades. You must provide us with a commission letter and agree to enter the transaction in the MLS as a “Comp Only” listing.
Listed Homes:
Check the broker listing for the commission details as they may vary.
