Procedures.

Following the abuse of trust by both buyer teams and their mandates and same with those who claim to be seller's Agents and mandates, We have been forced to put in place the guiding procedures which must be in place before we can introduce our buyer to seller teams and also seller teams to buyer teams.

There will be no exception to the Rule.

Procedure for Seller teams.

Soft Offer must come from Seller directly or seller's mandate

Offer must carry seller's Registered office, Country Registration number/tax id, Seller's phone and number of agent's involved with their phone number's and addresses.

Seller must be willing to communicate with buyer not more than 72 hours after receiving ICPO/LOI

All Agents including those on the buyer side are to step aside for principals(buyer and seller) to communicate freely immediately after receipt of ICPO/FCO/Draft Contract.

Procedure for Buyer teams.

All Inquiries must come on buyers Official Letter Head Paper, With a validity of not more than 7 days from date of issue.

Request must carry Wet seal / signature of buyer, buyer mandates and agents are to include number of people involved (if any) with contact address and phone numbers.

All Parties must be ready to step aside to allow communication directly with buyer or mandate, and mandates also must be prepared to allow principals communicate freely where and when needed.

info@fremonteng.com for more details

 

Overview: Though we are open to working with brokers in making sure deals are closed successfully, We will not accept internet circulated LOI / ICPO. We would allow free flow of communications with the decision making parties at both end, while brokers commissions are protected.