If you are a bank in the Philippines or a borrowing institute, you offer real estate loans to individuals or companies. REPHIL loan processing is paperless and CRM-driven. Our broker real estate classifieds will bring thousands of loan applications to your bank.
LISTING SUPPLIER SERVICE CONTRACT
By subscribing as a Listing Supplier to REPHIL.APP, opening a Real Estate Listing Supplier account (as defined in section 1), and using any REPHIL.APP Services (as defined below), you agree to be bound by
the following terms and conditions (the “Terms of Service”).
As used in these Terms of Service, “We,” “Us,” “MLS PROVIDER,” “REAL ESTATE END-TO-END SOLUTION,” and “REPHIL.APP” refers to REPHIL (as defined below) as a contracting party. Whereas the “Listing
Supplier,” “SUPPLIER,” “you,” and “your” (as defined in section 2) refer to the other contracting party called CLIENT.
-WITNESSETH-
WHEREAS, REPHIL is an online real estate brokerage house in the business of providing real estate multiple listing services “MLS” which include web hosting, website design and development, search engine optimization, domain name registration, API services, IT consultancy, systems analysis design, and integration, and various managed IT-enabled services;
WHEREAS, the CLIENT is a real estate owner / Developer who rents or sells his properties to the right clients in the country and foreign market;
WHEREAS, the CLIENT has property inventories to sell/rent using the REPHIL “MLS” platform.
NOW, THEREFORE, for and in consideration of the mutual covenants and conditions hereinafter set forth, the parties hereby agree as follows:
By subscribing as a Listing Supplier to REPHIL, opening a Real Estate Supplier account (as defined in section 1), and using any REPHIL Services (as defined below), you agree to be bound by the following terms and conditions (the “Terms of Service”).
The Services offered by REPHIL include various products and services, such as but not limited to the website, Listing Supplier CLIENT services, Broker Sellers (www.broker-website.com), Loan processing, and Broker Sellers will find buyers and renters to help the CLIENT property sell/rent promptly. Any new features or tools added to the current Services shall also be subject to the Terms of Service. REPHIL reserves the right to update and change the Terms of Service by posting to the REPHIL website called www.rephil.app. You must read, agree with, and accept all the terms and conditions contained or expressly referenced in these Terms of Service before signing up for an account, subscribing to REPHIL, and using any REPHIL Services.
Definitions
"Listing Supplier" is a service where the real estate owner and real estate developer upload their property details using REPHIL platform categories to sell/rent through the seller network. The supplier account has a dashboard to manage the entire Real Estate business. It has a different level of users, which can be assigned to the entire organization. Dashboard has CRM, LOAN CRM, CHAT COMMUNICATION TOOLS, COMMISSION MANAGEMENT, INVENTORY MANAGEMENT, ETC.
"Broker Seller" REPHIL will invite PRC-licensed Brokers / Sales agents to join the REPHIL MLS platform and sell all properties in the center database. Each Broker / Agent will provide a www.domain.com website to empower selling and renting using Internet cloud strategies.
"Dashboard" is the access to the supplier account where the supplier can control the entire business with different levels of users within the organization, process selling properties, Inventory management, Commission Management, CRM, Loan CRM, Communication, reporting, etc.
"Web Hosting" It's a live computer that never shuts down and keeps the website files accessed by the user on the Internet.
"SSL" Website Security ensures that data transmission from a local computer to a server is secure.
"CDN" Content Delivery Network speeds up websites; different locations host website images and CSS files to load internet users quickly.
"Real Estate" Real Estate is a form of retail business wherein the broker seller finds the buyer and renter but does not own the properties by himself; the listing supplier owns it, and the Listing Supplier manages the property inventory;
"No Inventory" Broker Seller will have no inventory control over the dashboard but will get shared inventory from REPHIL from the Listing Supplier.
"Business Day" means any day other than a Saturday, Sunday, or bank holiday in Manila.
"Customer" means the customer who rents or buys properties on the Broker Seller website, which is called Real Estate Classified Marketplace, and the property comes from the listing supplier. REPHIL provides this website.
The Listing Supplier will decide on a " Commission " for each property listed in the Platform; it can be a fixed amount or percentage of the total amount. During the rental, it can be rent of the month as commission.
"Listings" refers to the properties listed on the MLS platform, which can be shared with all brokers in the network.
"Writing" includes facsimile, transmission, electronic mail, and comparable means of communication.
The "MLS" is a multiple listing service in which the Listing Supplier shares the inventory with all brokers and sale agents on the MLS platform. MLS is the centralized database for all properties in the Philippines.
The "Inventory" MLS platform will provide a real-time feature and module for managing property inventories. Using the REPHIL platform, the entire broker network will see real-time availability.
The "Commission" MLS platform provides a module to manage the commission end-to-end process, including distribution from CLIENT to REPHIL and REPHIL to BROKER.
I. SUBSCRIPTION TERMS
a. After online registration as a SUPPLIER, then logging in to your SUPPLIER account and subscribing to “The different packages available in the platform, REPHIL will create your SUPPLIER account, which refers to the dashboard of “SUPPLIER” you have chosen a name during registration will be your online SUPPLIER name.
b. To access and use the Services, you must log in (if you have an account), register (if you do not have an account on REPHIL’s website yet), and subscribe to REPHIL. You must provide:
· Your full legal name.
· Current address.
· Phone number.
· Valid email address.
· A clear copy of at least one (1) valid I.D.
· Any other information indicated as required.
REPHIL may reject your subscription application or cancel an existing subscription for any reason at our sole discretion.
c. You must be at least 18 years old to subscribe to REPHIL.
d. You acknowledge that REPHIL will use the active email address you provide when opening a Supplier account or, as you updated it from time to time, as the primary method for communication with you.
e. You are responsible for keeping your password secure. REPHIL cannot and will not be liable for any loss or damage from your failure to maintain the security of your account and password.
f. You are responsible for all activity and Materials which refer to content such as, but are not limited to, photos, images, videos, graphics, written content, audio files, information, or data uploaded, collected, generated, stored, displayed, distributed, transmitted, or exhibited on or in connection with your property.
g. A breach or violation of any term in the terms of Service, as determined in the sole discretion of REPHIL, may result in an immediate termination of your Services.
h. You are responsible for your account and any Material you upload online, including images and content to your properties “SUPPLIER” under the Service of REPHIL. Note that violation of these Terms of Service may result in immediate subscription cancellation.
II. SUPPLIER ACCOUNT ACTIVATION
a. Supplier Account
1. Subject to section II.a.2, the person subscribing to REPHIL will be the contracting party (“SUPPLIER Account”) for our Terms of Service. The Supplier Account Owner will be authorized to use any corresponding Dashboard we may provide.
2. If you are subscribing to the Services on behalf of your employer, your employer shall be the Supplier Account Owner. You must use your employer-issued email address, and you represent and warrant that you have the authority to bind your employer to our Terms of Service.
3. Your REPHIL Supplier Account can only be associated with one Supplier Account Owner.
b. Supplier Account Liability.
1. The Supplier Account Owner is responsible and liable for the acts, omissions, and defaults arising from using the Dashboard and property listing upload.
c. Online & offline payment for subscription of Listing Supplier Accounts
1. You acknowledge that Credit Cards, Bank transfers, Or Dragon Pay will be your default payment gateway(s). You are responsible as the Supplier to activate and maintain these accounts. If you do not wish to keep the payment account active, you must deactivate them.
d. STANDARD CONDITIONS
1. Before becoming a REPHIL user/supplier account owner, you must read, agree with, and accept all the terms and conditions in these Terms of Service.
2. Technical support regarding the Services is only provided to Supplier Account Owners or their authorized personnel.
3. The Terms of Service shall be governed by and interpreted following the laws of the Republic of the Philippines applicable therein, without regard to principles of conflicts of laws.
4. You may not use the REPHIL Services for any illegal or unauthorized purpose, nor may you, in the use of the Service, violate any laws in your jurisdiction (including, but not limited to, copyright laws), the laws applicable to you in your customer's jurisdiction, or the laws of the Republic of the Philippines. You will comply with all applicable laws, rules, and regulations when using the Service and your performance of obligations under the Terms of Service.
5. Questions about the Terms of Service should be sent directly to REPHIL Support via e-mail, the company's official Facebook page, or the website.
6. You understand that your Materials (excluding the credit card information) may be transferred unencrypted. You involve (a) transmissions over various networks and (b) changes to conform and adapt to the technical requirements of connecting networks or devices. Credit card information is always encrypted during transfer over networks.
7. All the terms and provisions of the Terms of Service shall be binding upon and inure to the benefit of the contracting parties and their respective heirs, successors, permitted assigns, and legal representatives. REPHIL shall be permitted to assign these Terms of Service without your notice or consent. You shall have no right to assign or otherwise transfer the Terms of Service, or any of your rights or obligations hereunder, to any third party without REPHIL's prior written consent, to be given or withheld in REPHIL's sole discretion.
e. PROPERTY CATALOG MATERIALS, PRICES, FEES, AND MARKUP
1. The CLIENT will upload his property information using the REPHIL dashboard.
2. The CLIENT is accountable for inventory and price all the time. The CLIENT must ensure the uploaded property price is the best in the market.
3. The CLIENT also agreed that REPHIL and Broker Seller have “NO” right to markup any amount in their Property.
4. The CLIENT also ensures that the CLIENT has the right authority over the PropertyProperty they sell.
f. Buying or Renting PROCESS
1. After registration, customers will inquire on the Broker Seller's website. Then, the Customer can log in and start communicating with the broker-seller about the property they want to buy or rent using CRM.
2. All customer inquiries will be available in real-time on the "SUPPLIER" dashboard as a listing. Still, if the Customer pays reservation fees and the CLIENT approves them, then the Client will communicate directly with the Customer.
3. The Customer will make all the payments directly to the "CLIENT" bank account.
4. Using CRM features, The Listing Supplier, Broker Seller, and Customer will build an understanding of the rent or sale, which will be recorded in the CRM.
5. "CLIENT" and Broker Seller will view the list of all loan processing in the platform. Lenders can communicate with "CLIENT" and vice versa.
g. Commission Milestone and Payout process
1. The "CLIENT" can create a commission milestone in CRM after approving the buyer's reservation fees. Once the reservation payment is approved, the listing's inventory will change to "reserve" with buyer information in the inventory system.
2. REPHIL will monitor all transactions between CLIENT, REPHIL, and BROKER SELLER in real time using CRM.
3. The "CLIENT" will pay REPHIL as a commission milestone created, and REPHIL will pay the BROKER Seller. All Commissions will be data-driven and recorded in the REPHIL platform.
h. Customer Support
1. The website will have different types of customer support: (I) Live chat, (II) FB chat support, (III) email, and the REPHIL team will handle (IV) telephone support.
Monitor your business real-time from anywhere anytime.
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