7.1. EDSR 12-20-2021 - Laserfiche WebLink

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OA PARTNERS REAL ESTATE MN � HARDIN COMPANIES HARDIN C. MYANIt HARDINCOMPANIES.COM A portion of the Listing Brokers Commission may be paid to cooperating Buyers Broker, as appropriate. All Listing Broker Commissions are to be paid by seller at the time of a successful closing, as negotiated with City of Elk River EDA/HRA. Our proposed fee structure requires no upfront cost to the City of Elk River EDA/HRA. Seller is responsible for professional services contracted separately by the City for items such as legal fees, closing fees, title fees, survey's, property management, appraisals, etc. We propose a "Carry over Compensation" for any Listing Broker Commission, for a period of 180 days after the expiration of the Exclusive Listing Contract as defined in "Listing Contract"; or in the case of an "early termination" as mutually agreed upon by all parties for properties listed under "Listing Contract." Early Termination: In the event a party wishes to terminate the Listing Contract prior to the expiration date, parties must agree to the termination in writing. The "Carry Over Compensation" provision listed above shall remain in effect for 180 days after the contract is terminated. If the Listing Contract is terminated prior to its expiration date, the City of Elk River EDA/HRA agrees to reimburse Listing Broker for actual expenses associated with marketing of properties such as signage, printed marketing materials, and mailing costs. Scope of work performed under the proposed Listing Contract will comply with all State and Local laws and regulations. V. Conflict of Interest Partners Real Estate MN LLC and its affiliates are not aware of any conflict of interest. Ryan Hardin does volunteer and serve on the City of Elk River's Economic Development Finance Committee and the Beautification Committee. VI. Governmental Standing Partners Real Estate MN LLC and Ryan Hardin are in good standing with the Minnesota Department of Commerce, the Association of Realtors (both state and national) along with the Minnesota Commercial Association of Realtors. In addition, all State and Federal taxes are current. Firm legal name and Tax ID are provided in Supporting Documents. VII. Insurance Certificates of insurance provided are provided in the Supporting Documents. VIII. Disclaimer Information contained in this proposal shall in no way be deemed as a contractual obligation by either the City of Elk River EDA/HRA or Partner Real Estate MN LLC. Parties agreeing to specific terms shall enter into a formal contract. Page -4