Every business relationship that is fiduciary in nature requires a contract. When’s the last time you hired a lawyer with just by a verbal promise? Or a wealth advisor, tax accountant, etc. Even your auto mechanic requires you to sign a service invoice (a contract). In the State of Nevada that invoice is called a mechanics lien. If you don’t pay the bill in 30 days the mechanic can legally sell your car.
Here are the eight (8) most elementary aspects of a contract;
(1) Clients company letterhead
(2) What is being authorized to do for client based on options listed on >WHAT WE DO< page?
Is it brokering in nature or non-brokering or both? Specify.
(3) What is not being authorized to do for client?
(4) Who is doing the authorization to include contact info & signature.
Non-brokering services fees/costs obviously are itemized on a case-by-case basis as indicated on A la Carte/OPT-in fees page.
(7) Breach of contract provisions including liability of non-payment collection & legal costs & termination fee
(8) The above 7 guidelines do not include possible inclusion of an irrevocable bank pay order (ICBPO) with bank officials contact info. Any non-brokering CRM tasks are subject to Accounts receivable O.A.C. by our company bank or similar resource.