Introductions Policy

Ediston - Investment Introductions Policy

  • Ediston (the ‘Company’) requires that all property introductions are submitted via e-mail to any of the contacts noted at the end of this policy
  • For an introduction to be valid, it must contain the following information:
  • Property address
  • Up-to-date tenancy schedule
  • Purchase price
  • Purchase yield
  • Vendor’s details
    • No verbal or written communication received or sent is capable of creating a binding agreement unless specifically agreed in writing by the Company.
    • The Company reserves the right in its absolute discretion whether or not it should accept an introduction.  By submitting an introduction to the Company you are agreeing and accepting this.
    • If a property has been introduced to the Company by more than one party, the Company reserves the right in its absolute discretion to select and use the most appropriate person.
    • If the Company accepts an introduction, it is on the basis that:
    • The introducer (individual or their firm) has no conflict of interest;
    • The introducer (individual or their firm) is acting only for the Company; and,
    • The introducer (individual or their firm) will not make a competing bid on behalf of any other party for the relevant property.
    • The introducer’s fee is to be agreed by negotiation and must be expressly confirmed in writing by the Company.
    • If a property has been introduced and rejected, any re-introduction will be deemed to be a new introduction and it must be submitted in accordance with this Introductions Policy.
    • If the Company has rejected an introduction, it reserves the right to accept a subsequent introduction of the property from another party without being liable to the initial introducing party, if for example (but not limited to the following), a reasonable period of time has elapsed or if there are changes in the offer terms.

    Contact:

    danny.oneill@ediston.com