Broker Policy

RiversEdge will not give an exclusive, full listing for the sale of Property to any broker. However, RiversEdge may, and only in the sole discretion of RiversEdge, enter into a single-buyer seller commission agreement with a broker, provided the broker can demonstrate all of the following:
- The broker has a current assignment (for a specific requirement) from the buyer which is evidenced by a fully executed engagement between the buyer and the broker and that agreement is presented to RiversEdge prior to an introduction of the buyer to RiversEdge, and
- RiversEdge has not already been previously contacted by the buyer or parties representing the buyer, and
- The broker is duly licensed in good standing and in compliance with all applicable state licensing requirements and provides RiversEdge with evidence to document same.
The single-buyer seller commission agreement must be exectued by both RiversEdge Trust and the broker in advance of any communications by RiversEdge with the buyer or parties representing the buyer.
RiversEdge, in its sole discretion, makes the determinations whether (1) RiversEdge will enter into a commission agreement with a broker, (2) the buyer satisfies all the criteria that RiversEdge must consider for the sale of subject property, (3) to accept or reject any offers, and (4) to provide a letter to a broker indicating that RiversEdge is not willing to pay a seller's commission.
The commission under such agreement shall be paid only after closing.

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