BUYER'S OPENING HIGH BID INCENTIVE PROGRAM

A. BUYERS - A credit equal to TWO PERCENT (2%) of the highest opening bid amount offered by the Purchaser, will be deducted from Trophyauctions.com Total Auction Sale Contract Price for the Property. Provided the Purchaser submits the highest opening bid and becomes the successful high bidder and closes on the Property in compliance with the terms and conditions of the auction sale. Should the Seller accept your opening high bid amount prior to the close of the auction, then the 2% credit is still applicable.

B. REMEMBER you must submit the highest opening bidder to earn the 2% deduction.

C. LICENSED REAL ESTATE BUYER BROKER PARTICIPATION

A THREE PERCENT (3%) commission will be paid on the highest opening bid amount offered by the Purchaser, plus a ONE PERCENT (1%) commission paid on the balance remaining between the highest opening bid amount and the total auction sale contract price for the Property only a qualified, licensed, real estate Buyer's Broker whose prospect pays for and closes on the Property in compliance with Trophyauctions.com Buyer's Broker Guidelines. The Broker must perform all requirements of the Buyer's Broker according to Trophyauctions.com Buyer Broker Guidelines.

If no opening high bid is submitted by the buyer's broker client and that client is the successful high bidder, then the broker is entitled to a 1% commision of the total auction sale contract price.

The Broker and the prospective bidder must execute a Buyer's Broker Registration form (See Below) provided by Trophyauctions.com prior to being eligible to bid. Trophyauctions.com will maintain a complete file on all Brokers registrations. A Buyer's Broker commission will be paid at closing after Trophyauctions.com has been paid in full. Brokers will not have to attend the closing. Brokers wil1 not be allowed to register themselves as principals. No commission will be paid to a Broker participating in the purchase of the Property. If a Broker registers multiple bidders only a single commission will be paid to the Broker whose client is the successful high bidder. Failure to properly register or comply with the provisions of Trophyauctions.com Guidelines will disqualify the Buyer's Broker from receiving any "commission."


TROPHYAUCTIONS.COM
BUYER'S OPENING HIGH BID INCENTIVE FORM

BUYER'S OFFER ACKNOWLEDGEMENT

Auction Name:

Date:

Auction Property ID #

Property Address:

City:

State:

Bidders ID #

OPENING HIGH BID AMOUNT
$

Terms & Conditions of the Buyer Incentive Program

1. New Purchaser/Bidder-submit proof of pre-qualification to bid on the property of interest in the amount of $  This is mandatory to be eligible to submit an opening high bid on a seller property.

2. Previous Pre-Qualified Purchaser/Bidder-if you have been pre-qualified in the Amount of $   in the last 90 days you are eligible to bid on multiple properties.

3. Purchaser/Bidder acknowledges by submitting a signed copy of the Terms & Conditions of the Online Auction Sale that he/she agrees to abide by the stated Auction terms herein.

4. Purchaser/Bidder agrees to submitting an opening high bid at the commencement of the auction for the selected property of interest.

5. Purchaser/Bidder shall receive a discount off the Total Auction Sale Contract Price equal to 2%, of the opening high bid stated above only if Purchaser is the Successful high bidder and closes on the property.


Bidder's Signature

________________________________

Date

Address:

Contact Phone #




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