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Realtor/Builder Co-Op Guidelines
Procedures to be followed at all JLP Homes New Sales Centers
- In order to insure credit for sale, the Realtor agent should accompany their client into JLP Homes Sales Center and/or JLP display home for registration. Telephone or fax registrations may be accepted, but it will be the Realtor's responsibility to follow up with the JLP Homes Sales Manager for full information. If the client is not with the Realtor or out of town, full registration information is still required. Full registration includes client's First and Last name and the area they are searching in. Credit will stand unless the registered buyer is accompanied into our sales office by another Realtor. Physical presence will take precedence over assumed client/buyer relationships. An introduction to the JLP Homes sales associates on duty is also required.
- The JLP homes sales associate will show the display homes or plans to assist the potential buyer and close the sale, if possible. The Realtor may assist in the process, but it is not required. If more than one visit is necessary to close the sale, the Realtor is not required to return with the client on subsequent visits. The agent must accompany the client in person at least once during the 30-day registration period.
- If a sale is made, the JLP Homes Sales Manager and/or Project Cordinator will prepare all necessary applications, contract, plan approvals, lender forms, etc., involved and collect same for lenders approval. JLP Homes staff will order title commitments and all necessary items to prepare for closing. Realtor must only prepare forms required by the broker's office. Only JLP Homes construction and sales agreement documents are accepted in our sales environments.
- Prior to completion of constructions, JLP Homes will notify home buyer, realtor, and lender to set a closing date, arrange for title delivery, deed preperation, buyer inspection of property, etc. This should be received no less than 3 weeks prior to estimated closing date.
- JLP Homes will pay a total of 3% of the initial signed contract price (minus lot price if lot is not owned by JLP Construction) to the agent's broker. With 1% being paid within the five to eight weeks of execution of an accepted contract. The balance of commission at the time of closing. JLP will not pay commission on any overages and/or changes on the contract.
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JLP Homes
