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TERMS OF USE
1. You represent that you are an individual interested in
purchasing or selling real estate on your own behalf. You may
not use the Site for the purpose of acting as an agent to any
third party, or for any unlawful purpose. You represent that all
information provided by you to myrealestatebuddy.com have been
and will be answered truthfully and to the best of your
knowledge.
2. myrealestatebuddy.com is currently licensed to do business
only in California. This Site should not be construed to be a
solicitation of business in states where myrealestatebuddy.com
is not licensed. If your inquiry is outside of California,
myrealestatebuddy.com will forward your request to one its
strategic affiliates who are licensed in your state. Listings
fees and rebates may vary depending on the affiliate.
3. This agreement creates an agency relationship between
myrealestatebuddy.com and you. This agency relationship shall be
non-exclusive, until such time as you enter into a written
listing agreement or exclusive agency agreement with
myrealestatebuddy.com. You represent that you have not entered
into any agreement or informal arrangement with a real estate
agent or agency that would prevent you from entering into this
agreement with myrealestatebuddy.com.
4. Before working with myrealestatebuddy.com or any real estate
broker, you should understand the duties of a real estate
broker. You acknowledge that you have read and understood the
Agency Disclosure information. You recognize that
houserebate.com is working simultaneously for a number of other
clients and will show homes that may be of interest to and meet
the requirements of any and/or all clients.
5. BUYERS:
a.
As a buyer, you may
use the Site to search the property listings without entering
into an exclusive agency agreement with
myrealestatebuddy.com.
However, prior to showing you any properties,
myrealestatebuddy.com
will require you to enter into a written, exclusive agent/agency
agreement with
myrealestatebuddy.com.
b.
Many of the homes
that are shown on the Site as available for sale are listings of
other real estate brokerage firms and are shown to you based on
your current housing requirements; these listings shall not be
construed to be advertising of other broker's properties.
c.
Notice: The amount or rate of real estate
commissions is not fixed by law. They are set by each Broker
individually and may be negotiable between Buyer and Broker
(real estate commissions include all compensation and fees to
Broker).
d.
As a buyer, you may
be entitled to a rebate when purchasing property through
myrealestatebuddy.com,
as described on the Site. In order to protect your qualification
for a rebate from
myrealestatebuddy.com,
when visiting open houses, new housing tracks or calling other
brokers, you should always mention that you are represented by
myrealestatebuddy.com.
The up to 1% rebate described on the Site is based on a
traditional 6% to 7% agency fee agreement. To the extent the
agency fee agreement is less than 6%, the rebate will be 1/3 of
our commission up to a maximum of 1%, subject to a 1.5% minimum
commission to
myrealestatebuddy.com
so the actual rebate could be less than 1% of the final sales
price. There will be no rebates on purchase prices less than
$75,000. The maximum rebate on purchases between $74,999 and
$100,000 will be $500. Our offer is subject to conditions,
limitations, exclusions, modifications, and/or discontinuation
without notice. The rebate does not apply where it is
prohibited by law. All transactions are subject to a $395 escrow
transaction coordination fee to be paid to a third party out of
the rebate proceeds.
e.
You agree to
indemnify and hold harmless
myrealestatebuddy.com
from claims from other real estate brokers who claim to have
represented you in any transaction conducted through
myrealestatebuddy.com.
6. SELLERS:
In order to list a property with myrealestatebuddy.com, you will
be required to enter into a written listing agreement with
myrealestatebuddy.com. If your property is currently listed with
another agent or broker, your use of the Site is not intended to
be a solicitation of your listing. myrealestatebuddy.com
reserves the right to remove any listing that
myrealestatebuddy.com suspects may be fraudulent or inaccurate.
7. Registration data and certain other information about you is
kept private for our internal use and our affiliates.
8. You agree that any electronically generated or printed
messages sent to you from myrealestatebuddy.com, whether in the
form of general correspondence or property listings requested by
you, are to be used solely by you in buying or selling a home.
Listings may not be advertised, sold, or distributed and are to
be considered the property of myrealestatebuddy.com.
9. The Site is controlled and operated by myrealestatebuddy.com.
San Diego, CA 92121, telephone (858)336-9899. All content on the
Site, including, but not limited to images, illustrations, audio
clips, and video clips, is protected by copyrights, trademarks
or service marks and other intellectual property rights which
are owned and controlled by myrealestatebuddy.com or by third
party content providers, merchants, sponsors and licensors
(collectively "Providers") that have licensed their content or
the right to market their products and/or services to
myrealestatebuddy.com. Such content may not be copied,
reproduced, republished, uploaded, posted, transmitted,
distributed and/or exploited in any way, including by e-mail or
other electronic means for commercial use. Without the prior
written consent of myrealestatebuddy.com or the Providers,
modification of the content, use of the content on any other web
site or networked computer environment, or use of the content
for any purpose other than personal, non-commercial use is a
violation of myrealestatebuddy.com and/or the Provider
copyrights, trademarks or service marks and other proprietary
rights, and is prohibited. myrealestatebuddy.com and/or its
respective third-party providers reserve the right to modify the
contents of this Site without notice.
10. YOU UNDERSTAND THAT myrealestatebuddy.COM IS PROVIDING THE
SITE AND ITS CONTENTS ON AN "AS IS" BASIS WITHOUT WARRANTY OF
ANY KIND. myrealestatebuddy.COM DISCLAIMS ALL WARRANTIES,
EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED
WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE
AND NON-INFRINGEMENT OF THIRD PARTY RIGHTS. NEITHER
myrealestatebuddy.COM, ITS AFFILIATED OR RELATED ENTITIES, NOR
THE PROVIDERS, WARRANT THAT THE USE OF THE SITE WILL BE
UNINTERRUPTED OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR
THAT THE SERVER THAT MAKES THE CONTENT AVAILABLE IS FREE OF
VIRUSES OR OTHER HARMFUL COMPONENTS.
11. You acknowledge that any hyperlinks to web sites operated by
parties other than myrealestatebuddy.com are provided for your
reference only. myrealestatebuddy.com is not responsible for the
contents of any other web site nor does the hyperlink imply that
myrealestatebuddy.com endorses the material or services on such
web sites or any association with their operators.
12. You agree that use of the Site is at your sole risk.
myrealestatebuddy.com does not warrant or make any
representations regarding the results that may be obtained from
the use of this Site, or as to the reliability, accuracy or
currency of any information, content, service, property and/or
merchandise acquired pursuant to your use of this Site. You (and
not myrealestatebuddy.com) assume the entire cost of all
necessary servicing, repair or correction of your system. YOU
AGREE THAT NEITHER myrealestatebuddy.COM NOR THE PROVIDERS IS
RESPONSIBLE OR LIABLE TO YOU OR TO ANY THIRD PARTY FOR ANY LOSS,
DAMAGE (WHETHER ACTUAL, CONSEQUENTIAL, PUNITIVE OR OTHERWISE),
INJURY, CLAIM, OR LIABILITY OF ANY KIND OR CHARACTER WHATSOEVER
BASED UPON OR RESULTING FROM THE USE OF THIS SITE OR ANY OTHER
LINKED SITE.
13. You
agree to indemnify, defend and hold harmless,
myrealestatebuddy.com, its officers, directors, employees,
affiliates, agents, licensors, suppliers and of the Providers
from and against all losses, expenses, damages and costs,
including reasonable attorneys' fees, resulting from any
violation by you of these Terms of Use.
Limitation
of Liability: You agree that regardless of the form of any claim
you may have under this Agreement or real estate transaction on
which we represent you or otherwise, myrealestatebuddy.com and
its affiliate’s liabilities for any damages to you or to any
other party shall not exceed the fees earned by
myrealestatebuddy or its affiliates under transaction in
question.
14. This agreement will commence when you select the "I Accept"
button, enter your name and e-mail address in the spaces
provided at the end of this Agreement, and you receive an e-mail
providing you with a password for the Site. This Agreement will
continue for a period of ninety (90) days and shall
automatically renew for successive ninety (90) day periods
unless terminated during the term. Either party may terminate
this agreement upon providing a 10-day written notice to the
other party but no such termination shall affect the rights,
interests and obligations of the parties.
15. These Terms of Use shall be governed by, construed and
enforced in accordance with the laws of the State of California,
as it is applied to agreements entered into and to be performed
entirely within such State. Any action brought to enforce these
Terms of Use or, in connection with, any matters related to this
Site shall be brought only in either the state or Federal Courts
located in San Diego, California, and you expressly consent to
the jurisdiction of said courts. If any provision of these Terms
of Use shall be unlawful, void or for any reason unenforceable,
then that provision shall be deemed severable from these Terms
of Use and shall not affect the validity and enforceability of
any remaining provisions.
16. The terms and conditions of these Terms of Use represent the
entire Agreement between you and houserebate.com and supersede
any prior agreements or understandings. In the event
inconsistencies exist between these Terms of Use and any future
published Terms of Use or understanding, the last published
Terms of Use shall prevail. 17
AGENCY DISCLOSURE INFORMATION
IF THE BROKER REPRESENTS THE OWNER:
The broker becomes the owner's agent by entering into an
agreement with the owner, usually through a written listing
agreement, or by agreeing to act as a subagent by accepting an
offer of subagency from the listing broker. A subagent may work
in a different real estate office. A listing broker or subagent
can assist the buyer but does not represent the buyer and must
place the interests of the owner first. The buyer should not
tell the owner's agent anything the buyer would not want the
owner to know because an owner' s agent must disclose to the
owner any material information known to the agent.
IF THE BROKER REPRESENTS THE BUYER:
The broker becomes the buyer's agent by entering into an
agreement to represent the buyer, usually through a written
buyer representation agreement. A buyer's agent can assist the
owner but does not represent the owner and must place the
interests of the buyer first. The owner should not tell a buyer'
s agent anything the owner would not want the buyer to know
because a buyer' s agent must disclose to the buyer any material
information known to the agent.
IF THE BROKER ACTS AS A DUAL AGENT IN CALIFORNIA:
In dual agency, the broker represents both buyer and seller in
the same transaction. In the real estate industry, even if one
salesperson in an office is working with a buyer and another
salesperson in the same office is working with the seller, the
broker of the real estate firm is considered a dual agent.
A broker who acts as a dual agent in a transaction:
(a) shall treat all parties honestly;
(b) may not disclose that the owner will accept a price less
than the asking price unless authorized in writing to do so by
the owner;
(c) may not disclose that the buyer will pay a price greater
than the price submitted in a written offer unless authorized in
writing to do so by the buyer; and
(d) may not disclose any confidential information or any
information that a party specifically instructs the broker in
writing not to disclose unless authorized in writing to disclose
the information or required to do so by State or Federal law or
a court order or if the information materially relates to the
condition of the property.
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