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iBuyer Program Terms & Conditions

Please review these terms carefully before submitting your application or participating in the program.

Program Overview

The EDP Realty iBuyer Program (the "Program") provides qualified real estate investors with curated property opportunities that align with stated acquisition criteria ("Buy Box"). Matching leverages internal market analysis, data intelligence, and proprietary evaluation workflows. Participation does not guarantee deal availability, volume, pricing, or performance.

Eligibility Requirements

  • Minimum capital allocation or financing capacity sufficient to execute represented purchase volume.
  • Responsive communication within commercially reasonable timeframes (typically 24 business hours).
  • Accurate disclosure of acquisition criteria and entity structure.
  • Compliance with all applicable federal, state, and local real estate laws and regulations.
  • No history of material contract defaults or fraudulent activity.

Application & Approval

Submitted applications are evaluated based on acquisition readiness, experience, alignment with available inventory, and geographic focus. We may request supporting documentation (e.g., proof of funds, lender pre-approval, entity docs). Approval, denial, or waitlist placement is at our sole discretion and may be rescinded if provided information is inaccurate or materially changes.

Investor Obligations

  • Maintain up-to-date acquisition criteria.
  • Notify us promptly of material changes in capital, strategy, or entity ownership.
  • Act in good faith in evaluating presented opportunities.
  • Preserve confidentiality of proprietary analysis, pricing frameworks, and internal communications.
  • Avoid circumventing contractual or brokerage relationships introduced via the Program.

Deal Flow & Matching

Property matches are generated based on stated criteria, market dynamics, and internal prioritization. We do not warrant that any property will meet return targets, underwriting assumptions, or future valuation expectations. Availability is time-sensitive; investors are encouraged to respond promptly to opportunities of interest.

Fees & Compensation

A flat, non-contingent $3,000 Program Fee is due and payable to Euphoric Development Partners ("EDP") at each successful closing of a property acquired through or directly sourced via the Program. This fee is typically collected on the settlement statement (e.g., as a line item) or invoiced for payment within five (5) business days post‑closing if not shown on the HUD / closing disclosure. No additional platform charges, subscription fees, success commissions, buyer brokerage commissions, or referral fees are imposed by EDP for use of the Program unless separately and expressly agreed to in writing in advance. Investors remain responsible for customary third‑party closing costs (title, escrow, legal, inspections, lender, taxes, insurance) and any professional advisory fees they independently engage.

Failure to remit the Program Fee when due may result in suspension or termination of access and/or recovery actions. EDP reserves the right to audit deal sourcing representations where a property was initially surfaced by Program data, alerts, feeds, or internal introductions but closed outside the original channel; in such cases the Program Fee remains owed.

No Agency Relationship

Participation in the Program does not create a real estate agency, brokerage, fiduciary, partnership, joint venture, or advisory relationship between you and EDP Realty or Euphoric Development Partners. Unless and until a separate, duly executed written brokerage or representation agreement is entered into, you are treated as a customer and not a client for all Program‑related communications and property introductions.

EDP does not owe you fiduciary duties (including but not limited to duties of loyalty, obedience, disclosure, confidentiality, or accounting) with respect to properties surfaced through the Program. Any market commentary, pricing perspective, underwriting, or analytics provided is general informational material and should not be construed as personalized investment, legal, tax, or brokerage advice. You are solely responsible for performing independent due diligence, obtaining professional counsel where needed, and making investment decisions.

If you desire brokerage representation, you must separately engage and document that relationship in compliance with applicable state real estate licensing laws. Absent such written engagement, EDP’s role is limited to facilitating technology access, curated notifications, and data enablement.

Data Usage & Privacy

Non-public investor data is used solely to facilitate Program participation, matching optimization, compliance, and internal analytics. Data handling aligns with our general privacy policies. We do not sell investor-identifiable acquisition criteria. Aggregated and anonymized insights may be used to improve underwriting models.

Confidentiality

Materials, underwriting opinions, tooling access, market intelligence, and deal packaging shared through the Program are confidential. Redistribution, public disclosure, or third-party transmission without prior written consent is prohibited except where compelled by law.

Prohibited Activities

  • Misrepresentation of acquisition capacity or intent.
  • Reverse engineering internal valuation models or tooling.
  • Soliciting sellers, brokers, or partners introduced via Program channels to bypass us.
  • Using Program data to build competitive platforms or datasets.
  • Abusive, unlawful, or discriminatory conduct.

Suspension & Termination

We may suspend or terminate access (with or without notice) for violations of these terms, non-responsiveness, integrity concerns, regulatory risk, or strategic misalignment. Upon termination, investors must cease using confidential materials and destroy or return them upon request.

Disclaimers & Limitation of Liability

All property data, financial projections, underwriting assumptions, and market commentary are provided "AS IS" without warranties, express or implied. To the fullest extent permitted by law, we disclaim liability for lost profits, opportunity costs, or indirect, incidental, special, or consequential damages arising from Program participation or reliance on materials. Investor due diligence is required on every transaction.

Acceptance of Terms

By submitting an application or continuing Program participation, you acknowledge that you have read, understood, and agree to these Terms & Conditions which may be updated periodically. Continued participation after updates constitutes acceptance of the revised terms.