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Please immediately identify yourself as a Texas Real Estate Broker or a Real Estate Salesman working for a named broker if you seek a commission.
If you represent a prospect exclusively, please provide us a Letter of Representation on your client’s letterhead, immediately.
If you are leasing for yourself and you have no Broker of your own—or if you are an owner or a principal investigating the possibility of leasing from us without representation by an agent or broker, please contact us directly.
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We pride ourselves in protecting all brokers.
CO-BROKERS get a FULL 6% COMMISSION instead of the normal splits in the marketplace—and our Exclusive Broker will get 2%.
“Tenant Rep” brokers must show us an Exclusive Letter of Representation at the beginning of lease negotiations, to receive a full commission for tenant representation.
We pay for the Procuring Cause of the deal.
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For tenants we consider Good Credit, we pay a cash out commission of 4% of the Face Value of the lease rents (not including CAM charges). Other commissions are always paid “as Rent is Collected,” and always paid “as Rent is Collected” on start-up tenants.
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To establish credit worthiness, if the business is established we need your tenant’s Financial Statements for the past two years and a Pro Forma Profit and Loss (Income Statement) for the year in process. If the business is a “Start Up” business, we’ll also need to see the Business Plan which projects the sales and expenses of your business.
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Please download a copy of our Lease Credit Application, get it FILLED OUT COMPLETELY AND SIGNED by the individuals and return it to us quickly, so we can check your tenant’s credit fast.
If your tenant does not have good credit, we want to tell you quickly so we do not waste your precious time trying to make a deal only to later find out that the tenant prospect is not a Good Credit prospect.
Principals of the business will be required to co-sign the lease in almost every case.
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We do not want the details of our deal made public.
So if you are a agent or broker new to us, we will ask you and your company to sign an agreement to not publish the length of lease term or the rentals agreed upon in newspapers or other publications.
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