Terms of Service

Welcome to First-Class Closings! We're here to make your real estate transactions smoother. Please take a moment to read and understand our Terms of Service ("Terms"). By accessing or using our services, you agree to be bound by these Terms. If you don't agree with any part of them, please refrain from submitting your contract or using our additional services.

Services Provided - We provide various services to real estate agents, such as listing assistance, compliance review, and transaction management. By using our services, you acknowledge that you're responsible for complying with all applicable laws and regulations related to your real estate activities.

Transaction Fee - As part of our services, there is a Transaction Fee of $495 ("Transaction Fee") that will be charged for processing pending contracts. This fee will be subtracted from your gross commission at the closure of each transaction facilitated through our services.  The $495 fee should be included on your broker's DA to allow the closing office to wire the fee to First-Class Closings directly at closing. If the contract doesn't close, no fee will be charged to you. By submitting the contract, you acknowledge that you're responsible for the $495 payment as per the terms outlined above.

Other Deductions - In addition to the Transaction Fee, other deductions may apply based on the specific services you requested from our company. Please review and understand any applicable deductions before engaging in a transaction through our services.

No Guarantee of Results - While we strive to provide reliable and efficient services, we cannot guarantee specific outcomes or results. The success of your real estate transactions depends on factors beyond our control.

Agent Responsibilities - Our services are available during our normal business hours: Monday to Friday, 8 am to 4:30 pm. Any assistance required outside of these hours is the sole responsibility of the agent, and we won't be held liable for requests made outside normal business hours.

Review and Processing of Contracts - Submitting a contract doesn't guarantee its processing. We reserve the right to review and decide, at our discretion, whether to proceed with processing a contract or not. We're not obligated to provide reasons or explanations for our decision.

No Binding Agreement - Submitting a contract through our platform doesn't create a binding agreement or contractual relationship unless expressly stated otherwise in a separate written agreement. The submission process is for informational purposes only.

Confidentiality and Data Security - We're committed to protecting the confidentiality and security of your information. However, no data transmission can be guaranteed 100% secure. You're solely responsible for submitting documents and file information through our website.

Termination - We reserve the right to terminate or suspend your access to our services at any time and for any reason without prior notice. Any outstanding fees or obligations remain due and payable upon termination.

Modifications to the Terms - We may update or modify these Terms without prior notice. It's your responsibility to regularly review the most current version. Continued use of our services after any changes constitutes your acceptance of them.

Governing Law and Jurisdiction - These Terms are governed by and construed in accordance with the laws of Florida and/or Michigan, depending on where our services are provided. Any disputes arising from these Terms are subject to the exclusive jurisdiction of Florida and/or Michigan courts.

If you have any questions or concerns about these Terms, please contact us at teresa@firstclassclosingsllc.com. By using the online submission form, you acknowledge your agreement to these Terms and confirm that you have read, understood, and agreed to be bound by them.

Updated 7/21/2023