Realtor Design Partnership Program Terms and Conditions
Designs & Inspirations (D&I)/Bilancia Interiores provides clients with 3D eDesign services for residential, commercial, and civic applications. Both entities will be referred to in the below agreement as D&I or The Company. An authorized officer/agent of the participating Realtors/Brokerages must read and agree with the below. Signing up for the Partnership Program constitutes Agreement with the Terms herein.
Summary/Benefits
D&I offers the Real Estate Community the opportunity to partner with The Company for the purpose of providing buyers of home/retail space with top-quality Interior Design services. Participating Realtors/Brokers agree to refer clientele to D&I's services on a non-exclusive basis.
Upon successful receipt of payment from the client to D&I, the Realtor/Brokerage will receive 10% of the design project's total revenue. The below table gives a sample of expected revenue for each project. The minimum square footage for a project to be considered for compensation under this Program is 1,200 square feet.
Property Square Footage | Total Project Revenue | Realtor Revenue |
1,200 | $6,000 | $600 |
3,000 | $15,000 | $1500 |
10,000 | $50,000 | $5000 |
Term/Severance
This agreement will persist indefinitely unless terminated in writing by either of the parties. It may be terminated for any reason; however, termination will not impact payments that are due to either party.
Exclusivity/Limitations
Nothing in this program should be interpreted as creating an exclusive relationship between D&I and any Realtor/Brokerage. The Partnership is limited to this program and does not give participating parties any interest in the ownership, management, or operations of one another's companies.
D&I has discretion on whether or not to assume a project. Common reasons for not taking a project include but are not limited to: The Company's workload not being able to accommodate additional design work or the project being at a size and scope that is beyond D&I's ability to assume.
Participating Realtors/Brokers will only be compensated in accordance with the total revenue for design costs. This agreement does not include any revenue accrued by D&I by selling furniture, fixtures, or other décor items to the client. It does not include subsequent projects with the client or the client's referrals to D&I.
Disclosure
It is the responsibility of the Realtor/Brokerage to fully disclose participation in and revenues from this program to clients as required by Law or Regulation in the participating Agent's/Broker's National, State, or other Licensing/Regulatory Body. D&I will be held blameless for any failure of the Agent/Broker to disclose participation. Failure to disclose to a client as required will result in termination from the Program and may be reported to regulatory bodies.
US Realtors: Please refer to Article 6 of the REALTOR® Code of Ethics, which requires timely notification to potential clients of the expected financial incentive the Realtor/Brokerage will receive for referring potential clients to outside services.
Limited Licensure
Participating Realtors/Brokers may use D&I's logos and materials to market to clients and may identify themselves as partnered entities. Use of The Company's branding should be consistent with D&I's prevailing style and should not be directly associated with social/political campaigns or causes. Rights of use will cease with the termination of this agreement.
Disputes/Arbitration
Any disputes or arbitration that arise will be handled in the court system of the US State of Georgia.
Changes to Agreement
Participating Realtors/Brokers will be notified of significant changes to these terms via email. What constitutes a significant change is in the discretion of The Company.
Modified on 11/20/2022 Terms Subject to Change without Notice