JV agreement summary

You receive 40% of the net JV fee on every deal you source that successfully closes. Your payment will be disbursed through the closing agent at settlement.

New England Capital receives the remaining 60% and is responsible for carrying the transaction, including transaction management, marketing, and applicable closing costs.

No commission or JV payment is earned unless the transaction closes and the JV fee is received. The final settlement statement and signed deal agreement determine the amount of the net JV fee.

New England Capital has sole discretion to accept, reject, pause, or discontinue any submitted opportunity. Submitting a deal does not obligate New England Capital to proceed, market the property, enter into a contract, or guarantee that the transaction will close.

You agree to provide complete and accurate information about each submitted opportunity, including seller information, property details, asking price, condition, motivation, timeline, and any known title, occupancy, repair, or legal issues.

You must have the seller’s permission to provide their information and schedule a conversation with New England Capital. You may not make unauthorized promises, guarantees, or representations on behalf of New England Capital.

For accepted opportunities, New England Capital will control seller strategy, contracting, paperwork, marketing, listing and disposition coordination, title and closing management, and communication with the professionals handling the transaction.

You agree to communicate promptly, provide requested information and documents, and avoid interfering with an accepted transaction. Any material change involving the seller, property, realtor, contract, or transaction must be disclosed promptly.

You may not directly or indirectly solicit, bypass, exclude, or transact outside New England Capital with a realtor, broker, brokerage, referral source, or related business contact introduced to you through New England Capital or the JV program. Documented pre-existing relationships disclosed promptly in writing are excluded. The complete scope and duration of this obligation are contained in the separate non-solicitation agreement.

Seller information, realtor information, transaction details, pricing, processes, documents, and other nonpublic information received through the JV program must be kept confidential and used only for authorized JV activities.

Participation in the JV program does not create an employment, agency, partnership, franchise, fiduciary, or exclusive relationship. You are responsible for complying with applicable laws and may not represent yourself as an employee or authorized agent of New England Capital.

New England Capital will provide the final JV and realtor non-solicitation agreements for electronic signature. Any material additions or changes must be accepted by both parties. The signed agreements and transaction-specific closing documents control over this website summary.

By checking the acceptance box and submitting your information, you confirm that you have read and accept this summary and understand that you must sign the complete agreements before participating in a transaction.