Referral Program Terms and Conditions for Gabe Davis Real Estate

1. Eligibility:

The referral program ("Program") is open to all individuals, except employees and immediate family members of Gabe Davis Real Estate ("Realtor"), who are 18 years of age or older at the time of participation. By participating in the Program, you ("Referrer") agree to comply with these Terms and Conditions.

2. Referral Reward:

Gabe Davis Real Estate offers a referral reward of $2000 ("Reward") to eligible Referrers for successfully referring new clients ("Referred Clients") to Realtor's services. The Reward will be paid to the Referrer upon the successful closing of a real estate transaction with the Referred Client within 12 months from the referral date, provided the conditions outlined in sections 5.2.1 and 5.2.2 below are met.

3. Referral Eligibility:

3.1. To qualify for the Reward, the Referred Client must be a new client to Gabe Davis Real Estate, i.e., they must not have had any prior or existing business relationship with Gabe Davis Real Estate before the referral.

3.2. The definition of "Referred Client" also includes their partner, spouse, and immediate family members who are actively involved in the real estate transaction.

3.3. Duplicate referrals, i.e., referrals for clients who have already been referred by another party or are existing clients of Gabe Davis Real Estate, will not be eligible for the Reward. In the event that the Referred Client is already in Gabe Davis Real Estate's client database, the referral will be considered null, and no Reward will be given.

3.4. The Program is not valid for real estate transactions with a total transaction value under $550,000 or where the commission paid to Gabe Davis Real Estate is less than 2.5% of the total transaction value.

4. Referral Process:

4.1. To refer a potential client, the Referrer must submit the Referred Client's contact information through the designated referral form provided by Gabe Davis Real Estate. The referral form can be accessed through the following link: https://forms.gle/Jh69Gaoz3iLyFr5BA .

4.2. Gabe Davis Real Estate reserves the right to verify the eligibility of the Referred Client and the Referrer's compliance with these Terms and Conditions.

5. Reward Payment:

5.1. The Reward will be paid to the Referrer within 30 days after the successful closing of the real estate transaction with the Referred Client within 12 months from the referral date, provided the conditions outlined in sections 5.2.1 and 5.2.2 are met.

5.2. If the Referred Client does not close a real estate transaction with Gabe Davis Real Estate within 12 months from the referral date, the Referrer will not be eligible for the Reward, unless the following conditions are met:

5.2.1 If the Referred Client enters escrow or signs a valid purchase agreement with Gabe Davis Real Estate within 6 months from the referral date, the Referrer will remain eligible for the Reward.

5.2.2 The Referred Client must then successfully close the real estate transaction with Gabe Davis Real Estate within 12 months from the date of entering escrow or signing the valid purchase agreement. Failure to close the transaction within this timeframe will render the Referrer ineligible for the Reward.

6. Client's Subsequent Transactions:

In the event that the Referred Client purchases another property through Gabe Davis Real Estate after the initial closing, the Referrer will not be entitled to any additional rewards for the subsequent transaction.

7. Liability:

7.1. Gabe Davis Real Estate shall not be liable for any errors, omissions, or delays in processing referrals that may prevent the Referrer from receiving the Reward.

7.2. Gabe Davis Real Estate reserves the right to modify, suspend, or terminate the Program at any time without prior notice for any reason.

7.3. The Referrer agrees to indemnify and hold Gabe Davis Real Estate and Compass (Brokerage firm) harmless from any claims, losses, damages, or liabilities arising from the Referrer's participation in the Program.

8. Data Protection:

By participating in the Program, the Referrer acknowledges and agrees that their personal information will be collected, processed, and used in accordance with Gabe Davis Real Estate's Privacy Policy.

9. Governing Law and Jurisdiction:

These Terms and Conditions shall be governed by and construed in accordance with the laws of CA. Any dispute arising out of or in connection with the Program shall be subject to the exclusive jurisdiction of the courts of CA.

By participating in the referral program, the Referrer acknowledges that they have read, understood, and agree to abide by these Terms and Conditions.