BROKER CLIENT FORM

FOSTERS AUCTIONEER’S & REAL ESTATE, INC.            

Post Office Box 529

Henderson NC 27536

252-433-6262

RE: Real Estate property to be sold on Saturday, September 16, 2006 in Franklin County, NC which consists of 21.10+/- acres divided into 3 lots on 312 Baldy Murphy Road, Louisburg, NC  27549.

In accordance with the terms of the auction listed above and the attached Broker Participation, I want to register_______________________________of_________________________________ as a broker

Referral for the auction listed above to be conducted on September 16, 2006 in Louisburg, NC.

Real Estate License #______________________________

Federal Tax # or Social Security#________________________

To participate in the broker referral program I am aware that my client must sign this form and I must accompany my client to the auction event and co-register with my client on auction day.

We accept and agree to all parts of this agreement by signing below.

Prospective buyer_______________________________

                             (Print Name)

Address___________________________________

             ___________________________________

Telephone: _____________________________             

Date: ______________________               Time: ___________________

_______________________________________ (SEAL)

PROSPECTIVE BUYER’S SIGNATURE

_______________________________________ (SEAL)

REGISTERING AGENT’S SIGNATURE

                                    BROKER PARTICIPATION PROGRAM

RE: Real Estate property to be sold on Saturday, September 16, 2006 in Franklin County, NC which consists of 21.10+/- acres divided into 3 lots on 312 Baldy Murphy Road, Louisburg, NC  27549.

FOSTER’S AUCTIONEERS & REAL ESTATE, INC. will pay a referral fee in the amount of two percent(2%) of the final high bid price received to any actively licensed North Carolina Real Estate broker, whose registered client buys the above mentioned property. The buyer must close on the property and take title.

The registration must be received by mail, hand delivery or fax to FOSTER’S AUCTIONEERS & REAL ESTATE, INC. PO  Box 529 Henderson NC 27536, Fax # 252-438-4583 and received by

Thursday September 14th 2006 by 11:00am with attached Broker Client Form.

 The broker must accompany the client to the auction event and co-register with the client on auction day.

A referral fee will not be paid on any client who has contacted us directly or received mail from us about the auction prior to our receiving a registration form. No fee will be paid until FOSTER’S AUCTIONEERS & REAL ESTATE, INC. has received the commission it is due on the transaction. Agents acting as principles on or behalf of family members, other licensed real estate agents or who represent prospects who have had prior contact to the auction company or seller are not eligible. No fees will paid to any broker or sales person that purchases property for their own account directly or indirectly. Only one registered bidder per agent per auction.

It is the responsibility of the referring agent to inform their client that FOSTER’S AUCTIONEERS & REAL ESTATE, INC. is representing the sellers only.

Registering Agent:    ___________________________________

                                   (Please Print)

Firm Name                 __________________________________

Address                      __________________________________

                                   __________________________________

Telephone                  __________________________________

Date                            _________________________________

_______________________________ (SEAL)

Registering Agent’s Signature