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terms & conditions

The Terms and Conditions of Bali Real Estate Listings. Guiding principles and policies are at the core of the use of our platform. These would make it possible to experience a safe and transparent interaction. Use of our services by you involves a user acceptance of the terms that govern both the users and our company at large. Therefore, information review is a good way to understand your rights and responsibilities regarding Bali Real Estate Listings better.

 Terms and Conditions to list your Property with Bali Real Estate Listings

  • The terms and conditions will only take effect once the seller or agent has signed a User Agreement with Bali Real Estate Listings.

 

  • The commission fee will vary depending on the specific situation, whether the client is a private seller or an agent.
           

  • A negotiation between Bali Real Estate Listings and the seller or agent will determine the finalized commission, which will then be outlined in the User Agreement.

  • To ensure that the proposed real estate transaction will be completed when the clients represented by the Agents become agreeable to it, the Seller affirms that the original documents and information supplied will be used for this purpose, at an appropriate legal office of their choosing. 
       
  • When the Agent introduces a client who is willing and ready to acquire the property but, for some reason, does not complete the transaction owing to the unavailability of proper documentation, the Agent shall be paid a fee of 1.5% of the contracted sales price. Hence, a Seller must conduct legal due diligence with an independent notary before the property gets a listing. 

 

  • The Seller assures that any revisions in the property’s price will be immediately relayed to the agents of Bali Real Estate Listings. 

 

  • The Seller consents to redirect any clients who came to know of the property through the Agents’ marketing efforts back to the Agents. 

  • It is prohibited to give out personal details such as e-mail addresses, phone numbers, or business cards to prospective clients referred by our agents at any point during an inspection. It’s not allowed to accept such details from potential clients during an inspection. 

 

Sales price and fee/commission. 

  • The seller must specify the wanted sale price in the listing form and agree that this amount reflects the final price they expect to receive for the property.

  • The selling price is agreed upon between the seller and the buyer.

  • When the deposit is remitted straight to the seller, the seller promises to remit any relevant fees to the agent within 48 hours after the seller receives the deposit.

 

  • As per the relevant legislation, the individuals responsible for signing the contracts will be liable for payment of all sales and purchase taxes and other contract costs, including notary fees.

  • Should a buyer referred by Bali Real Estate Listings (agent) decide to withdraw from the deal without claiming back the deposit, Bali Real Estate Listings (agent) will keep 50% of the deposit, and the other half will go to the property owner.

 

 

All new listing submissions will be moderated and approved by the Bali Real Estate Listings team before they go live.  To ensure mutual understanding, this agreement is and shall remain non-exclusive, as such, the seller shall be free to sell the said property in conjunction with another agent or on his or her own without any liability or obligation for payment of any fees to the agents of Bali Real Estate Listings. Please ensure you have copies of all relevant legal documents, such as land certificates, building permits, land and building tax receipts, lease agreements, and/or nominee agreements, ready for our intake team to hand over when they arrive at your premises. 

+61404007816

info@balirealestatelistings.com

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