I/We hereby appoint you to negotiate on my/our behalf to purchase the Property specified in the Hello Haus Engagement Form in which I/we have listed:
1. the address of the Property we wish to purchase,
2. our Maximum Target Price; that is, the maximum sum we are prepared to pay for the Property.
Upon receipt of Offer and Acceptance from the selling agent of the Property confirming the terms upon which I/we can proceed to purchase the Property, I/we will pay Hello Haus Pty Limited a $2,500 upfront retainer plus 15% of the difference between the Maximum Target Price and the purchase price for the Property which Hello Haus Pty Limited has negotiated for me/us as specified in the Offer and Acceptance, plus GST.
I/we acknowledge that Hello Haus Pty Limited is approved solely to negotiate the agreed selling price of the Property on my/our behalf, and that in conducting these negotiations Hello Haus Pty Limited is simply acting with our authority and is not acting as a real estate agent.
I/We acknowledge that an auction bidding fee of $375 + GST applies to all negotiations handled by Hello Haus on our behalf including phone bidding.
Once you have completed the Hello Haus Engagement Form, the last thing to do before we get started is to make payment for our upfront fee.
When Hello Haus communicates to you that offer and acceptance has been achieved the outstanding balance will be invoiced to you on 7 day payment terms.