Disclaimer & Disclosure of Affiliation

Paramount Construction, Inc. is a licensed home builder and developer and is not a real estate brokerage, agent, or Realtor®. The Buyer Broker Agreement displayed on this page is between the Buyer and Rory S. Coakley Realty, Inc., with Lori Maggin serving as the licensed Realtor®.

Lori Maggin is married to Robert Maggin, President of Paramount Construction, Inc. Although Lori Maggin and Paramount Construction, Inc. may collaborate to assist clients interested in purchasing or building new homes, the two entities are independent businesses operating under separate licenses.

Buyers are encouraged to conduct their own due diligence and understand that signing the Buyer Broker Agreement creates an agency relationship solely with Rory S. Coakley Realty, Inc., not with Paramount Construction, Inc.

I acknowledge that I have read and understand the disclaimer and disclosure of affiliation above *

This agreement (“Agreement”) is made on , between (“Buyer”) and (“Buyer Broker”) which assigns as Licensee of Broker (“Agent”) and Licensees directly supervised by Broker. In consideration of services provided, Buyer Broker is hereby granted the right to represent Buyer in the purchase, option, or exchange of real property or cooperative units (“Property”).

Buyer Email Address *

Buyer Phone Number *

Buyer Address

State *

Buyer Broker Agreement Terms and Conditions

1. PURPOSE:

This Agreement establishes

1) a brokerage relationship (“Brokerage Relationship”), an agency relationship between Buyer and Buyer Broker, and

2) a contractual obligation (“Contractual Obligation”) between Buyer and Buyer Broker, in which Buyer Broker and Licensees directly supervised by Broker have the exclusive right to represent Buyer under the terms and conditions set forth herein.

2. BUYER BROKER RESPONSIBILITIES:

Buyer Broker and Agent agree to: 1) Use professional knowledge and skills to locate and present Property, which is available for purchase and suitable for Buyer. 2) Assist Buyer through the process of property acquisition. 3) Represent the interests of Buyer in all negotiations and transactions regarding the acquisition of Property, notwithstanding the fact Buyer Broker and/or Agent may receive compensation from other parties.

3. BUYER RESPONSIBILITIES:

Buyer will work exclusively with Buyer Broker and Agent during the term of this Agreement, and will only contact Agent with any questions or showing requests about Properties. At open houses, Buyer agrees to notify party representing the seller of this Agreement. For new home builders and new home open houses, Buyer agrees to make any first visit to any new home builder’s model only while accompanied by Agent. Buyer will furnish Buyer Broker with necessary financial and personal information to reasonably establish Buyer’s ability to purchase Property and authorizes the release of such information to any seller and seller’s broker.

4. BROKER COMPENSATION:

Buyer acknowledges that compensation is negotiable and is not prescribed by law or established by any membership organization with which Buyer Broker is affiliated.

📋 Note: The compensation terms below have been pre-set by Rory S. Coakley Realty, Inc. for this agreement.

A. Compensation:

Buyer agrees to pay Buyer Broker % of the sale price (Buyer Broker Compensation) for any Property contracted to be purchased during the term of this Agreement, no matter who locates the Property. Buyer is responsible for payment of Buyer Broker Compensation at settlement. If Buyer Broker receives any compensation from seller or seller’s representative for services covered by this Agreement, that amount will be credited toward Buyer’s obligation to pay Buyer Broker Compensation.

B. Broker Service Fee:

Buyer agrees to pay additional Buyer Broker Compensation of $ at settlement, regardless of any Seller payment of compensation.

C. Retainer Fee:

Buyer has paid an advance fee of $ to retain the services of Buyer Broker, which will be credited against the Broker Compensation due at settlement.

D. Protection Period:

Buyer Broker Compensation shall be paid to Buyer Broker if there is a settlement of any Property contracted to be purchased by Buyer within days after the termination or expiration of this Agreement (“Protection Period”), unless Buyer enters into a new, valid Buyer Broker Agreement during Protection Period.

E. Amount of Compensation Offered:

Total compensation received from any source may not exceed the amount or rate agreed to in this Agreement. Buyer Broker Compensation paid by the seller, if any, must be specified in an addendum to the sales contract.

F. Payment of Compensation:

Buyer Broker Compensation is due at settlement, unless Buyer, after sales contract acceptance, fails to perform or is otherwise in default of the sales contract or executes a release to which Buyer Broker is not a party of the sales contract after all contingencies thereunder have been removed. In such case, Buyer Broker Compensation is due no later than the previously agreed settlement date. If Buyer enters into a contract with seller during the original term of this Agreement, and seller subsequently defaults, then the original term of this Agreement is extended by the number of days Property was under contract.

G. Attorney’s Fees:

If Buyer Broker prevails in any action brought to obtain payment of Buyer Broker Compensation, Buyer Broker shall also be entitled to recover in such action Buyer Broker’s reasonable attorney’s fees and court costs.

5. TERM:

This Agreement commences when signed and expires at 11:59 p.m. on (“Expiration Date”), unless extended in writing, or unless earlier terminated as herein provided. If a Contract of Sale is entered into by Buyer before Expiration Date, which provides for settlement to occur after Expiration Date, this Agreement shall be automatically extended until settlement has occurred or until the sales contract is released in writing by the parties thereto. For Maryland properties, pursuant to Maryland Code, Real Property Section 14-903, this Agreement may not be longer than one year in duration.

6. TERMINATION:

A. Washington, DC:

This Agreement may be terminated prior to the Expiration Date only by mutual written consent by both parties.

B. Maryland:

1) The Brokerage Relationship established by this Agreement may be unilaterally terminated prior to the Expiration Date by either party Delivering days advance Notice to the other. 2) Even if the Brokerage Relationship is terminated under the terms above, the Contractual Obligation shall remain in full force and effect, unless terminated by mutual written consent of all parties. In addition, the terms of paragraph 4D (“Protection Period”) shall survive even if this Agreement is terminated early.

7. DISCLAIMER AND LIMITATIONS:

Buyer acknowledges that Buyer Broker is being retained solely as a real estate Licensee, and has been advised to seek professional advice for legal, tax, appraisal, home inspection, surveying, engineering and other matters. Buyer acknowledges that the Buyer Broker may represent other buyers and that other potential buyers may consider, make offers on, or purchase properties through Buyer Broker. Buyer consents to Buyer Broker’s representation of other buyers before, during, and after the expiration of this Agreement. Upon receipt by Buyer Broker of a ratified contract to purchase Property pursuant to this Agreement, Buyer Broker shall have no further obligation hereunder to procure any subsequent Properties for Buyer. Buyer agrees that Buyer Broker may perform ministerial acts for the Seller. A ministerial act is a routine act that does not involve discretion or the exercise of the Broker’s own judgment. Buyer acknowledges the possibility that Seller or Seller’s representatives may not treat the existence, terms or conditions of Buyer’s offer as confidential information.

8. GENERAL PROVISIONS:

A. Laws and Regulations:

Buyer acknowledges that Buyer Broker must comply with federal, state and local laws and regulations. Buyer understands that, as a REALTOR®, Buyer Broker must also adhere to the Code of Ethics promulgated by the NATIONAL ASSOCIATION OF REALTORS®.

B. Delivery:

Delivery or Delivered means hand carried, sent by overnight delivery service, sent by wire or electronic medium which produces a tangible record of the transmission (such as a “fax”, or an email which includes an attachment with an actual copy of the executed instruments being transmitted) or U.S. Postal mailing. In the event of overnight delivery service, Delivery will be deemed to have been made on the next business day following the sending, unless earlier receipt is acknowledged in writing. In the event of U.S. Postal mailing, Delivery will be deemed to have been made on the third business day following the mailing, unless earlier receipt is acknowledged in writing.

C. Notice:

This Agreement shall be deemed enforceable when it and all addenda, and any modifications thereto, have been signed, initialed where required by Buyer and Buyer Broker (or Supervising Manager), and Delivered to the other party.

D. Paragraph Headings:

The Paragraph headings in this Agreement are for reference and convenience only, and do not define or limit the intent, rights or obligations of the parties.

E. Definitions:

The singular shall include the plural, and the plural the singular.

9. INCLUSIONS, AGREEMENT AND RECEIPT:

This document and the attachments as noted below contain the full and entire Agreement between Buyer and Buyer Broker and supersede any prior or contemporaneous agreements, if any, whether written or oral between the parties. Each party acknowledges receipt of a copy of this Agreement. In accordance with Maryland and/or District of Columbia Law, included with this Agreement are:

Maryland: Consent For Dual Agency

Washington, DC: Consent for Dual and Designated Representation / Notification of Dual Agency Within a Team

Dual Agency: In the event of Dual Agency, when either the Buyer or Buyer Broker decline to consent in writing to Dual Agency, either party may terminate this Agreement by written notice to the other party.

10. ADDITIONAL PROVISIONS:

Buyer agrees Broker shall be paid 5% of the purchase price for any non-MLS (off-market) property and 2.5% for any MLS-listed property.

Broker Information:

Buyer Broker Firm Name: Rory S. Coakley Realty, Inc.

Buyer Broker Address: 20 Courthouse Square, Ste. 107, Rockville, MD 20850

Buyer Broker Phone: (301) 340-8700

Buyer Broker Licensee: Lori Maggin

By checking the box below and submitting this form, you acknowledge that:

You have read and understood all terms and conditions of this Buyer Broker Agreement
You agree to be bound by all provisions outlined above
Your electronic signature will have the same legal effect as an original signature
You acknowledge receipt of a copy of this Agreement

I have read, understood, and agree to all terms and conditions of this Buyer Broker Agreement *

First Name *

Last Name *

Email Address *

Phone Number *

⚠️ Agreement Fee: By submitting this form, you agree to pay Paramount Construction, Inc. a one-time fee of $1,500 for unlimited property analysis services during the 180-day term. Payment will be processed in Step 3 below.

Property Access & Analysis Agreement Terms

CONFIDENTIAL PROPERTY ACCESS AND ANALYSIS AGREEMENT

This Confidential Property Access and Analysis Agreement (“Agreement”) is made effective as of the date of the last electronic signature affixed below between the Buyer identified in this form (collectively if more than one) and PARAMOUNT CONSTRUCTION, INC. (“Builder”).

The parties enter into this Agreement to define their relationship and responsibilities, based upon the following facts and understandings:

RECITALS

Confidentiality

All of the facts, recitals, and terms of this Agreement are strictly confidential. Neither party may disclose these terms or related information without the written consent of the other, except as required by judicial process. This includes property addresses provided to Buyer that are not in the Multiple Listing Service (“MLS”) but are part of Builder’s private acquisition list.

Builder’s Expertise

Builder has extensive knowledge of and access to residential properties—both improved and unimproved—which are currently offered for sale or are under Builder’s control, review, or due diligence. These are collectively referred to as the “Properties.”

Buyer’s Purpose

Buyer desires access to and shared knowledge of the Properties to gain an enhanced opportunity and advantage to bid upon and purchase Properties that may meet Buyer’s requirements.

Builder’s Process

At the inception of this Agreement, Builder will initiate Buyer’s land and home requirement discovery phase to properly match Properties to Buyer’s needs. After this phase, Builder will establish a secure online portal where Properties most closely matching Buyer’s requirements will be posted and delivered for review and potential purchase consideration.

1. Term of Agreement

This Agreement shall remain in effect for a period of one hundred eighty (180) days beginning as of the date of execution and ending 180 days later at 5:00 PM (the “Term”).

Either party may cancel this Agreement for any reason by providing seven (7) days’ written notice after ratification of this Agreement.

2. Limited Analysis

Buyer hereby designates and appoints Builder as their sole and exclusive analyst for the purpose of locating, analyzing, and performing due diligence and planning studies related to the purchase of any Properties (or any other real property mutually identified and memorialized in writing during the Term).

3. Builder’s Performance and Services

During the Term, Builder agrees to be available to review and analyze any Properties identified by either party and to take all commercially reasonable steps to advance Buyer’s interest in achieving a favorable contract to purchase.

Builder’s services shall include, but are not limited to, the following, on an unlimited number of potential new home or renovation/addition properties:

Concept basement, first-floor, and second-floor plans
Base specifications
Utility connection analysis (water, sewer, gas, electric)
Concept zoning analysis (approximate setbacks and lot coverage percentage)
Site analysis (demolition, excavation, driveways, retaining walls, landscaping, etc.)
Permit analysis (building/demolition permits, bonds, and sediment control requirements)
Detailed total pricing to build, inclusive of all factors above

4. Compensation

In consideration of Builder’s review and analytic services, Buyer agrees to pay Builder $1,500 at the ratification of this Agreement. This fee covers the services described above for an unlimited number of properties.

5. Credit for Buyer Representation by Lori Maggin

If Buyer has an exclusive Buyer Broker Agreement currently in effect with Lori Maggin, a licensed Realtor with Rory S. Coakley Realty, Inc., and Buyer subsequently contracts with Builder to construct a new home on a property where Lori Maggin represents Buyer as Buyer’s real estate agent, then Builder shall provide a credit equal to the real estate commission paid to Lori Maggin and Rory S. Coakley Realty, Inc.

Note: Lori Maggin is the wife of Robert Maggin, President of Paramount Construction, Inc.

6. Entire Agreement

NOTICE TO BUYER(S):

(For informational purposes only. This notice is provided for the convenience of Buyer(s) and does not modify the terms of this Confidential Property Access and Analysis Agreement.)

To receive access to Paramount Construction’s confidential property inventory, feasibility analyses, and pricing studies, all buyers who will appear on the purchase or financing documents should sign this Agreement.

If purchasing jointly, please ensure both names and email addresses are included so each buyer may sign.

Only signers are authorized to receive confidential property information, off-market property addresses, and project feasibility materials prepared by Paramount Construction, Inc.

If purchasing individually, please sign both Buyer signature fields to complete the document.

This Agreement constitutes the entire understanding between the parties regarding the confidential property access and analysis services described herein and supersedes any prior agreements, representations, or understandings.

By checking the box below and submitting this form, you acknowledge that you have read, understood, and agree to be bound by the terms and conditions of this Property Access and Analysis Agreement, including the $1,500 fee. Your electronic signature will have the same legal effect as an original signature.

I Agree to the Property Access Agreement Terms and $1,500 Fee *