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The purpose of this
form is to explain to you, our client, our policies on permitted
agency relationship, cooperation, and compensation. In certain cases,
we will make reference to the Agency Disclosure Statement as mandated
by the State of Ohio. A. The
Schenk Company, Inc., Permitted Agency Relationships
1. Seller's/Landlord's Agency. Please
see your Agency Disclosure Statement for explanation of
Seller's/Landlord's agency. (The Schenk Company, Inc., does not
represent Landlords).
2. Buyer's/Tenant's Agency. Please
see your Agency Disclosure Statement for an explanation of
Buyer's/Tenant's agency. THIS IS EXCLUSIVELY THE SCHENK COMPNAY, INC'S.,
BUSINESS.
3. Disclosed Dual Agency. Dual agency
many be the initial agency relationship in which we may provide real
estate services. If not, at some point during a Seller/Landlord or
Buyer/Tenant relationship, a situation may arise in which we may ask a
Client's consent to act as a dual agent. Please see your Agency
Disclosure Statement for an explanation of dual agency. In the event
that dual agency arises and the Client refuses to consent to the dual
agency or seeks to terminate the agency relationship as a result of
the proposed dual agency, the management of The Schenk Company, Inc.,
may determine which agency relationship to terminate. Additionally,
the Client may request that a separate realtor agent be appointed to
represent the Client's interests or Client may terminate the agency
relationship and seek representation from another source; however, the
Client may be obligated to pay a commission to The Schenk Company,
Inc.
B. Company Policy on Cooperation and
Compensation
1. Cooperation with Licensees. The
Schenk Company, Inc., cooperates with other licensees acting as a
Seller's/Landlord's agent and as a Buyer's/Tenant's agent.
2. Compensation from Other Brokers.
When representing a Buyer/Tenant, The Schenk Company, Inc., may seek
compensation from other brokers. Further, unless otherwise stated to
the contrary in another agreement between The Schenk Company, Inc.,
and the undersigned Client, Client hereby permits The Schenk Company,
Inc., to receive compensation from the listing broker in this real
estate transaction. The Schenk Company, Inc's. agent, who is a
Buyer/Tenant as a Client represent that Client's interest even though
the Seller's/Landlord's agent or the Seller/Landlord may compensate
The Schenk Company, Inc.
3. Subagency. In the best interest of
our Clients, The Schenk Company, Inc., does not accept subagency
relationships and therefore, will not seek compensation nor offer
compensation related to subagency. Subsequently, The Schenk Company,
Inc., does not cooperate with subagents.
C. Confidentiality Notification
The Schenk Company, Inc., will take
all reasonable measures to ensure that information provided to your
agent will be held in the strictest confidence. Your cooperation and
assistance is essential to this process.
I hereby acknowledge receipt of this
document and understand the terms and conditions stated herein.
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Date Client
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