Policies & Procedures
P.A.C.E Real Estate Solutions provides professional administrative support services to our clients based on our administrative and real estate background. We strive to give each client a 5-star experience and service that is rooted in excellence and proficiency.
Relationship of Parties
PACE Real Estate Solutions (PACE RES) is, and will be known as, an Independent Contractor and is not an employee of the Client. The Client will not provide benefits, including health insurance, paid vacation, or any other Employee benefit for the Contractor. The Contractor is responsible for its own taxes and other withholdings from payments.
Payment Policy
Virtual Assistance
PACE Real Estate Solutions will provide Virtual Assistant Services to the Client per working hour, billed biweekly, with the invoice due in 5 business days of receipt. If payment to PACE Real Estate Solutions is not made within 48 hours of the due date, the Client's project(s) will cease until remediation is made.
Transaction Coordinating
PACE Real Estate Solutions will provide full-service transaction coordination services according to the agreed-upon action plan. Transaction Coordinating Services start from the time of the receipted contract. PACE Real Estate Solutions will add the closing balance to the contractor’s CDA at closing. If we are unable to add the balance to the CDA, we will immediately charge it to the credit card on file. If the card on file declines, an invoice will be sent and payment will be due within 2 business days.
Listing Packages
All packages are paid before beginning work on the listing. The Contractor will charge full amount to the credit card on file. If the card on file declines, an invoice will be sent. Payment must be made before any work begins on the listing. Additional marketing tasks will incur an increased price, which will be agreed upon by the Client and Contractor.
*Please note, there is a one-time design fee for Listing Marketing Material (Flyer, Brochure, Postcard, Social Media Image) that will be charged at the time of the first listing.
Late Fees
Payment for hourly assistance (billed bi-weekly) and Listing Coordination (billed immediately) will be charged to the card on file. If payment is declined it will be due within 3 days of the invoicing date, and a new method of payment must be put on file. If payment is not received within 10 days, the Client shall be subject to a late penalty of 10% of the balance due. Additional late penalties of 10% of the balance due will be accrued per month thereafter. If the bill remains unpaid, PACE Real Estate Solutions retains the right to pursue all legal collection avenues at the Client’s expense.
*Payment for Transaction Coordinating will be charged to your card on file if it cannot be added to a CDA, and due within 3 days as well."
Confidentiality
PACE Real Estate Solutions recognizes that the Client has and will have proprietary information that is valuable, special, and unique assets of the Client.
PACE Real Estate Solutions agrees not to, at any time or in any manner, either directly or indirectly, use any proprietary Information for their benefit, or divulge, disclose, or communicate in any manner any proprietary information to any third party without the prior written consent of the Client. PACE Real Estate Solutions will protect the proprietary information and treat it as strictly confidential. A violation of this article shall be a material violation of this Agreement. The Client agrees to the same Confidentiality regarding PACE Real Estate Solutions proprietary information.
Confidentiality After Termination
The confidentiality provisions of this Agreement shall remain in full force and effect after the termination of this Agreement.
Source Files and Copyrights
Client will retain all source files for all projects completed by PACE Real Estate Solutions including their copyrights.
Client Representations
Client represents and warrants that the text, graphics, and photographs provided to Designer (PACE RES) for the marketing materials, website, or similar are owned or licensed by the Client, and that the Client is authorized to use and display such items in the manner contemplated by this Agreement. Client shall be solely responsible for the marketing, website, or similar materials and the validity of copyrights, trademarks, and ownership claimed by the Client.
Client agrees to indemnify and hold PACE Real Estate Solutions harmless from and against any claim, loss, damage, expense, or liability (including attorney's fees and costs) that may result in whole or in part, from any infringement or any claim of infringement of any trademark, copyright, trade secret, or negligence arising from any of the text, graphics, and photographs provided by the Client) any claim by a third party regarding any services or products sold or otherwise distributed by the Client, its employees, or agents, or any claim, suit, penalty, tax, or tariff arising from the Client's use of the Internet or electronic commerce.
Office Hours
PACE Real Estate Solutions works many hours each day to meet our deadlines but the expectation of our response time and phone availability is Monday – Friday 9 am – 5 pm EST, excluding national holidays. PACE Real Estate Solutions reserves the right to set its close dates, as desired. The client will be given notification before any periods of closing via e-mail. Our Virtual Assistants are NOT required to work after hours, weekends, or holidays. However, we do our best to make sure projects/tasks are covered and to make ourselves available for urgent matters. You can email after hours, holidays, and weekends for urgent matters and you will receive a response in a timely fashion; please type URGENT in the subject field.
Term/Termination
The business relationship shall be effective until either party terminates the agreement by providing a written notice, email being appropriate and in that case the agreement would be terminated immediately.
Any remaining billable hours will be invoiced within 48 hours and due within 48 hours of receiving the final invoice.
Return of Records
Upon termination of the business relationship, PACE Real Estate Solutions shall deliver all records, notes, data, memoranda, passwords, models, and equipment of any nature that are in our possession or under the Contractor’s control, that are the Client’s property, or that relates to the Client’s business.