Terms and Conditions for Registering Agents:
All persons registering as an Agent on this website or who are submitting an
offer to purchase property through the use of this website must read and agree
to the terms and conditions as set forth herein.
This is a legal agreement between you and Woodward Asset Capital, LLC (Company).
Please note that by accessing the SellerNation website (www.sellernation.com)
and its related services and tools (collectively, “SellerNation”) or any of its
affiliated websites, you agree to be bound by these terms.
If these terms and conditions are not adhered to, the Company, in its sole and
absolute discretion, may forthwith revoke the privileges of any Agent or entity
Woodward Asset Capital, LLC, a Michigan limited liability company with
principal offices at 29623 Northwestern Highway, Southfield, Michigan 48034
and/or any of its employees, agents, representatives, successors, affiliates,
subsidiaries or assigns and the owner and operator of sellernation.com.
Broker: Homesource Realtors, LLC dba SellerNation, a licensed Michigan
Real Estate Broker (Broker)
The owner of any real property available to purchase on sellernation.com.
An Agent on this website is defined as a licensed real estate salesperson or
broker acting on behalf of a Buyer or Seller, actively licensed and in good
standing in the state in which the property is located.
Any person(s) or entity(ies), including the Agent him/herself, who the Agent
has a relationship with and for whom they have the authority to act on behalf of
that is submitting an offer to purchase real property through sellernation.com.
Purchase and Sale Agreement:
Buyer shall be required to execute a Purchase and Sale Agreement (the “Purchase
Agreement”). The Purchase Agreement will contain the exact terms &
conditions of the sale of any property listed on sellernation.com or its
affiliated websites. In a case of any conflict between these terms and
conditions and the Purchase Agreement, the Purchase Agreement shall control.
An Agent submitting
an offer to purchase property that appears on sellernation.com affirmatively
- I am a licensed salesperson or broker in the State for which the Property that I
am acting as an Agent in regards to is located.
- I acknowledge that I shall act with honesty and integrity while on this website
(“site”); otherwise my user privileges shall be revoked.
- I shall review and adhere to the Terms of Sale for each individual property
available on the site.
- I acknowledge that Company may suspend or revoke my account and or access to the
site and seek legal remedies if the site's staff suspects that I have committed
or engaged in any fraudulent activities relating to transactions on the site.
Any Agent making fraudulent bids, at Company’s sole discretion, shall be banned
from the site indefinitely without any recourse from the Agent, their client or
any related party to Agent.
- I acknowledge that I will be responsible for maintaining complete and accurate
information about myself, my clients and any offers to purchase property through
this site and if it is determined that any information provided by me is
inaccurate or incomplete, the Company has the unilateral right to terminate my
registration with the site and terminate any pending offers that have been
submitted by me.
- I acknowledge that I will maintain control over any Offers I submit to purchase on
sellernation.com and shall maintain proper Agent / client relations and
- I fully understand and agree that placing an offer to purchase on any property
that appears on sellernation.com constitutes a binding offer to purchase real
estate and fully satisfies any statute of frauds requirements.
- I further understand that by making an offer through sellernation.com that any
such offer can only be withdrawn through sellernation.com.
- I understand that if an offer submitted through sellernation.com is accepted by
the Seller that an earnest money deposit is required to be paid to Broker.
- I confirm and attest that by making an offer through sellernation.com that I have
the authority to make said offer on behalf of Buyer and to bind the Buyer to
that offer and any contract to the purchase of the involved real estate.
- I affirm and attest that any and all information I provide and submit on this site
is true and accurate to the best of my information, knowledge and belief.
- The acceptance of these terms and conditions and the performance of the Transactions
provided for in them, do not conflict with or result in the breach of any of the
terms, conditions or provisions of, or constitute a default under any indenture,
bank loan, credit agreement or other instrument to which Agent or Buyer is a
party or by which its property may be bound or affected.
- I agree for certain properties, I may be required to upload a copy of a
prequalification letter. By uploading a prequalification letter, I
represent that the document is a bonafide prequalification letter and that to my
knowledge its contents are true and correct in all respects.
- I agree to be bound by all other terms and conditions as indicated on this site.
- I understand that time is of the essence and I will not delay, forestall or do
anything that may hinder a transaction from occurring as it relates to any offer
to purchase property that I make through this site and will act as expeditiously
as possible to complete the purchase of any property for which I submitted an
offer that was accepted through sellernation.com.
- I agree to hold the Company harmless and shall defend or reimburse the Company any
expense it incurs in defending itself as a result of any information provided to
the Company by me or for any action taken against the Company which is the
result of any offer submitted by me on sellernation.com.