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Legal
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REGIONAL
APPROVED AGENTS NON EXCLUSIVE FINDERS AND
FACILITATORS FEES Pro Formal Agreement-
Not approved at this time. If the Contact
Name(s) that a Referral Agent submits are NOT
already on the Africa Travel Media Database or
mailing list, or have not advertised with us in the
past, the Referral Agent will be notified and will
receive an agreed amount upon completion of a
sale. The compensation
will be a flat amount or a percentage of the final
sale price agreed upon. Example. A full
page magazine ad appearing 6 times annually/ The
one time price is $1000, so the final sale would be
$12,600 for which the Referral Agent would receive
$1260 The Referral
Agent's fee will be paid by the publisher as soon
as payment is received. What is a
Finders Fee? A finder's fee
is an amount of money, usually calculated as a
percentage, given to the person who brings buyer
and seller together. For many transactions, a
finder's fee is negotiated ahead of time and put in
writing before the sale is
completed. In some areas,
such as real estate, licensed agents commonly
collect a 'referral fee', which is simply another
form of finder's fee. Some finder's fees can run as
high as 10% of the total selling price, but it's
far more likely to earn around .5%. If the Referral
Agent is ap[proved to complete the sale, by
prior agreement, a closing fee may be added to the
original amount. For example, an additional 5 or 10
peercent. Qualifications Cartegories |
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