Terms of Use

Terms And Condition

SUBSCRIBER AGREEMENT – TERMS of SERVICE

SECTION 1 – Subscriber Terms and Conditions

THIS IS AN AGREEMENT BETWEEN YOU OR THE ENTITY THAT YOU REPRESENT (hereinafter “You” or “Your”) AND Property In A Box Pty Ltd (hereinafter “PIAB”) GOVERNING YOUR USE OF PIAB SUITE OF ONLINE WEBSITES, FUSION CRM SOFTWARE, API, XML, JSON FEEDS, CONTRACT & ADMIN SERVICES AND INTELLECTUAL PROPERTY. THIS AGREEMENT SUPERCEDES ANY PREVIOUS AGREEMENTS HELD WITH PROPERTY IN A BOX EXCLUDING ANY REFERRAL AGREEMENTS HELD WITH SUBSCRIBERS OR DIRECTLY WITH PIAB.

Parts of this Agreement

This Agreement consists of the following terms and conditions (hereinafter the “General Terms”) and terms and conditions, if any, specific to use of individual Services (hereinafter the “Service Specific Terms”). The General Terms and Service Specific Terms are collectively referred to as the “Terms”. In the event of a conflict between the General Terms and Service Specific Terms, the Service Specific Terms shall prevail.

ACCEPTANCE OF TERMS AND CONDITIONS

You must be of legal age to enter into a binding agreement in order to accept the Terms. If you do not agree to the General Terms, do not use any of our Services. If you agree to the General Terms and do not agree to any Service Specific Terms, do not use the corresponding Service.

DESCRIPTION OF SERVICE

PIAB provides an array of services for professionals wanting to transact in property sales. This includes a white labelled marketing service delivering customisable property websites targeting Real Estate Agents and Wealth Creation Professionals. The websites include features such as live property feeds, website hosting and propositions targeting owner occupiers and investors. Please find the below services provided by Property In A Box Pty Ltd.

1: REAL ESTATE THEME WEBSITE (PHP Website)
Designed for traditional real estate agencies

Examples:

Includes Website porting from your own domain

  • No Hosting Required – you simply point your domain to the website we provide so your clients see your domain URL.
  • Earn 90% of total 1commissions paid to Property In A Box P/L by the property suppliers.
  • Featured ‘off market’ 2properties in the Member’s surrounding areas.
  • Access to largest listing of NEW off the plan & “off market” 2properties across Australia
  • Live listing of properties updated daily
  • 3Property Concierge Service – facilitate a bidding process between numerous builders who compete for your client’s property purchase.
  • 3Advertising Space for your referral partners
  • Customisable Website (logo, colours, images, copy)
2: WEALTH CREATION THEME WEBSITE (PHP Website)
Designed for wealth creation & property investment sector.
Examples:

Includes Website porting from your own domain

  • No Hosting Required – Simply point your domain to the website we provide so your clients see your domain URL.
  • Earn 90% of total 1commissions paid to Property In A Box P/L by the property suppliers.
  • Access to the largest listing, location and variety of NEW investment properties in Australia.
  • Live listing of properties updated daily
  • Property Search page with filter to search through our variety of house & land, town-house, apartments, dual occ, duplex, SMSF suitable and FIRB properties nationally.
  • Branded, Downloadable eBooks
  • Lead Generating Landing Pages Ie:
    • Free Report – 7 Elements to Building a successful property portfolio ebook
    • 3FIRB Lead Generation Landing Page
    • 3SMSF Lead Generation Landing Page
    • Complimentary Consultation Landing Page
    • Contact Us page
  • Customisable Website (logo, colours, images, copy,)
3: LIVE PROPERTY DATA STREAMED TO YOUR EXISTING WEBSITE

The actual Property Data API that powers our Real Estate and Wealth Creation websites is available at your disposal to be used on your existing website so that you can create seamless user experience while keeping your brand identity intact.

  • Leverage off PIAB’s National Builder Networks (over 400 builders)
  • Access to largest listing of NEW off the plan and “off market” 2properties across Australia
  • Live listing of properties updated daily

Note:
Property Data Feeds (API) are only permitted for ONE URL (website)
The Subscriber understands that the Property Data (API) feed itself is not to be made available to non-Property In A Box subscribers. The member also understands that the Property Data (API) feed will only be setup on their own designated website. Property In A Box Pty Ltd reserves the right to terminate the Property Data (API) if it determines it is not being used in the spirit in which it is made available.

4: FUSION SOFTWARECUSTOMER RELATIONSHIP MANAGER
  • Track your client’s property purchase journey
  • View transparent communications from all stakeholders
  • Track finance, valuations, Contracts, build through to hand-over.

PROPERTY PORTAL

  • View around 800 t0 1200 development projects from 300 – 450 builders and over 5,000 off market and off the plan properties.
  • Access project details, marketing materials and transparently view commissions.

CMS

  • Content Management System – used to edit, modify the websites provided by Property In A Box.
  • Change images, banners, content and setup referral partners links to generate additional leads.

5: BACK END SUPPORT

  • Full Contract Management and Facilitation service
  • Ordering & dispatch or Contracts
  • Hold Stock | Reserve Stock
  • Property Search
  • Commission Disbursement
  • Website support

6: PROPERTY CONCIERGE SERVICE

  • Property Concierge Services facilitate a bidding process between numerous builders who compete for the Subscriber’s client’s property business. This forms part of the Beta Subscription Service.
SUBSCRIPTION TO BETA SERVICE

We may offer certain Services as closed or open beta services (“Beta Service” or “Beta Services”) for the purpose of testing and evaluation. You agree that we have the sole authority and discretion to determine the period of time for testing and evaluation of Beta Services. We will be the sole judge of the success of such testing and the decision, if any, to offer the Beta Services as commercial services. You will be under no obligation to acquire a subscription to use any paid Service as a result of your subscription to any Beta Service. We reserve the right to fully or partially discontinue, at any time and from time to time, temporarily or permanently, any of the Beta Services with or without notice to you. You agree that PIAB will not be liable to you or to any third party for any harm related to, arising out of, or caused by the modification, suspension or discontinuance of any of the Beta Services for any reason.

MODIFCATIONS OF TERMS OF SERVICE

We may modify the Terms upon notice to you at any time through a service announcement or by sending an email to your primary email address. If we make significant changes to the Terms that affect your rights, you will be provided with at least 30 days advance notice of the changes by email to your primary email address. You may terminate your use of the Services by providing PIAB notice by email within 30 days of being notified of the availability of the modified Terms if the Terms are modified in a manner that substantially affects your rights in connection with the use of the Services. Your continued use of the Service after the effective date of any change to the Terms will be deemed to be your agreement to the modified Terms.

USER SIGN UP OBLIGATIONS

You need to sign up for a user account by providing all required information in order to access or use the Services. If you represent an organisation and wish to use the Services for corporate internal use, we recommend that you, and all other users from your organisation, sign up for user accounts by providing your corporate contact information. We recommend that you use your corporate email address. You agree to:

  • a) provide true, accurate, current and complete information about yourself as prompted by the sign up process; and
  • b) maintain and promptly update the information provided during sign up to keep it true, accurate, current, and complete.

If you provide any information that is untrue, inaccurate, outdated, or incomplete, or if PIAB has reasonable grounds to suspect that such information is untrue, inaccurate, outdated, or incomplete, PIAB may terminate your user account and refuse current or future use of any or all of the Services.

ORGANISATION ACCOUNTS AND ADMINISTRATORS

When you sign up for an account for your organisation you may specify one user per account. This includes one URL for Property Data Feeds (API) if provided. The user will have the right to modify and customise the website based on your requirements and manage clients/end users in your organisation account. If your organisation account is created and configured on your behalf by a third party, it is likely that such third party has assumed administrator role for your organisation. Make sure that you enter into a suitable agreement with such third party specifying such party’s roles and restrictions as an administrator of your organisation account.

You are responsible for:

  • i) ensuring confidentiality of your organisation account password,
  • ii) appointing competent individuals as administrators for managing your organisation account, and
  • iii) ensuring that all activities that occur in connection with your organisation account comply with this Agreement. You understand that PIAB is not responsible for account administration and internal management of the Services for you.

You are responsible for taking necessary steps for ensuring that your organisation does not lose control of the account access to parties outside of your organisation. You may specify a process to be followed for recovering control in the event of such loss of control of the administrator accounts by sending an email to info@propertyinabox.com.au , provided that the process is acceptable to PIAB. In the absence of any specified administrator account recovery process, PIAB may provide control of an administrator account to an individual providing proof satisfactory to PIAB demonstrating authorisation to act on behalf of the organisation. You agree not to hold PIAB liable for the consequences of any action taken by PIAB in good faith in this regard.

PERSONAL INFORMATION AND PRIVACY

Personal information you provide to PIAB through the Service is governed by PIAB Privacy Policy. Your election to use the Service indicates your acceptance of the terms of the PIAB Privacy Policy. You are responsible for maintaining the confidentiality of your username, password and other sensitive information. You are responsible for all activities that occur in your user account and you agree to inform us immediately of any unauthorised use of your user account by email to info@propertyinabox.com.au  or by calling us on any of the numbers listed on https://propertyinabox.com.au/. We are not responsible for any loss or damage to you or to any third party incurred as a result of any unauthorised access and/or use of your user account, or otherwise.

COMMUNICATIONS FROM PIAB

The Service may include certain communications from PIAB, such as service announcements, administrative messages and newsletters. You understand that these communications shall be considered part of using the Services. As part of our policy to provide you total privacy, we also provide you the option of opting out from receiving newsletters from us. However, you will not be able to opt-out from receiving service announcements and administrative messages.

COMPLAINTS

If we receive a complaint from any person against you with respect to your activities as part of use of the Services, we will forward the complaint to the primary email address of your user account. You must respond to the complainant directly within 10 days of receiving the complaint forwarded by us and copy PIAB in the communication. If you do not respond to the complainant within 10 days from the date of our email to you, we may disclose your name and contact information to the complainant for enabling the complainant to take legal action against you. You understand that your failure to respond to the forwarded complaint within the 10 days’ time limit will be construed as your consent to disclosure of your name and contact information by PIAB to the complainant.

FEES AND PAYMENTS

The Services are available under various subscription plans. Payments for subscription plans can be made by Credit Card. Your subscription will be automatically renewed at the end of each subscription period unless you inform us that you do not wish to renew the subscription. At the time of automatic renewal, the subscription fee will be charged to the Credit Card last used by you. We provide you the option of changing the details if you would like the payment for the renewal to be made through a different Credit Card. If you do not wish to renew the subscription, you must inform us at least 30 days prior to the renewal date. If you have not informed us that you do not wish to renew the subscription, you will be presumed to have authorised PIAB to charge the subscription fee to the Credit Card or nominated bank account last used by you.

From time to time, we may change the price of any Service or charge for use of Services that are currently available free of charge. Any increase in charges will not apply until the expiry of your then current billing cycle.

Please refer to SCHEDULE 2: FEES AND SERVICES

CUSTOMER SATISFACTION POLICY

At PIAB we strive to create quality software and services that add value to your business. We have created this policy that details what we will do should we fail to meet your expectations.

PIAB does not force you into an annual subscription as a condition to use our services. We prefer to give you the flexibility to choose. In exchange for you signing up for an annual up-front commitment, we offer you a significant discount over the already-low monthly subscription cost.  If at any time during your Subscription Term you are dissatisfied, please contact us. We will do our best to address your issue, provide a work around or give a timeline for a solution that will meet your needs.

Auto-Renewal. For your convenience, your monthly and yearly subscriptions will auto-renew until you cancel the service. Every time before your subscription auto-renews, we will send an email specifying the amount that will be charged to your credit card or nominated bank account. Similarly, after each renewal we will send you a receipt via email specifying the amount that has been deducted together with the next renewal date and the next renewal amount.

For questions, please e-mail: info@propertyinabox.com.au

RESTRICTIONS ON USE

You may use the Services for your personal and business use or for internal business purposes in the organisation that you represent. You may connect to the Services using any Internet browser supported by the Services. You are responsible for obtaining access to the Internet and the equipment necessary to use the Services. In addition to all other terms and conditions of this Agreement, you shall not:

  • (i) transfer the Services or otherwise make it available to any third party including the Property Data Feed (API);
  • (ii) provide any service based on the Services without prior written permission;
  • (iii) use the third party links to sites without agreeing to their website terms & conditions;
  • (iv) post links to third party sites or use their logo, company name, etc. without their prior written permission;
  • (v) publish any personal or confidential information belonging to any person or entity without obtaining consent from such person or entity;
  • (vi) use the Services in any manner that could damage, disable, overburden, impair or harm any server, network, computer system, resource of PIAB;
  • (vii) violate any applicable local, state, national or international law; and
  • (viii) create a false identity to mislead any person as to the identity or origin of any communication.
  • (ix) provide others use of the Property Data Feed (API) on any URL of a non-Subscriber or to any other user other than the domain/url that belongs to the Subscriber. To be clear, the Property Data Feed (API) is only permitted to be placed on the URL owned by the Subscriber.

It is the responsibility of all Property Data Feed (API) users to ensure that, in the spirit of transparency, PIAB receives a copy of every lead generated. This includes the client’s details (first/last name, mobile, email) and the property they have registered interest in.

SPAMMING AND ILLEGAL ACTIVITIES

You agree to be solely responsible for the contents of your transmissions through the Services. You agree not to use the Services for illegal purposes or for the transmission of material that is unlawful, defamatory, harassing, libellous, invasive of another’s privacy, abusive, threatening, harmful, vulgar, pornographic, obscene, or is otherwise objectionable, offends religious sentiments, promotes racism, contains viruses or malicious code, or that which infringes or may infringe the intellectual property or other rights of another. You agree not to use the Services for the transmission of “junk mail”, “spam”, “chain letters”, “phishing” or unsolicited mass distribution of email. We reserve the right to terminate your access to the Services if there are reasonable grounds to believe that you have used the Services for any illegal or unauthorised activity.

INACTIVE USER ACCOUNT POLICY

We reserve the right to terminate unpaid user accounts that are inactive for a continuous period of 120 days. In the event of such termination, all data associated with such user account will be deleted. We will provide you prior notice of such termination and option to back-up your data. The data deletion policy may be implemented with respect to any or all of the Services. Subscription fees are still payable until such time as the annual subscription period has ceased and PIAB has received written notice to terminate the account. We reserve the right to disable account access if monthly subscriptions have not been paid.

USER GENERATED CONTENT

You may transmit or publish content created by you on the websites we provide once permission is granted by PIAB. However, you shall be solely responsible for such content and the consequences of its transmission or publication. Any content made public will be publicly accessible through the internet and may be crawled and indexed by search engines. You are responsible for ensuring that you do not accidentally make any private content publicly available. Any content that you may receive from other users of the Services, is provided to you AS IS for your information and personal use only and you agree not to use, copy, reproduce, distribute, transmit, broadcast, display, sell, license or otherwise exploit such content for any purpose, without the express written consent of the person who owns the rights to such content. In the course of using any of the Services, if you come across any content with copyright notice(s) or any copy protection feature(s), you agree not to remove such copyright notice(s) or disable such copy protection feature(s) as the case may be. By making any copyrighted/copyrightable content available on any of the Services you affirm that you have the consent, authorisation or permission, as the case may be from every person who may claim any rights in such content to make such content available in such manner. Further, by making any content available in the manner aforementioned, you expressly agree that PIAB will have the right to block access to or remove such content made available by you if PIAB receives complaints concerning any illegality or infringement of third party rights in such content. By using any of the Services and transmitting or publishing any content using such Service, you expressly consent to determination of questions of illegality or infringement of third-party rights in such content by the agent designated by PIAB for this purpose.

ADVERTISING RIGHTS

Advertising rights and space provided on the Subscriber’s website supplied by PIAB is part of the Beta Subscription Service.

IMPORTANT
YOU ARE NOT PERMITTED TO ADVERTISE ANY OF THE PROPERTIES OR DEVELOPMENTS PROVIDED BY PIAB ON ANY MLS (MULTI LISTING SITES) SUCH AS
www.realestate.com.au, www.domain.com.au, www.homely.com.au OR ANY OTHER WEBSITE WITHOUT WRITTEN APPROVAL FROM PIAB. IF YOU DO ADVERTISE YOU WILL BE IN BREACH OF YOUR AGREEMENT AND PIAB RESERVES THE RIGHTS TO TERMINATE IMMEDIATELY

COMPLAINT PROCEDURE

If you believe that content on any of the PIAB websites has violated your copyright or other intellectual property right, please email us at info@propertyinabox.com.au providing the following information:

  • an electronic or physical signature of the person authorized to act on behalf of the owner of the copyright or other intellectual property right alleged to be infringed.
  • a description of the copyrighted work or other intellectual property that you claim to have been infringed.
  • identification of the material that you claim to be infringing including information regarding its location that would enable it to be located and if possible, the URL of such infringing material;
  • information that would enable us to contact you, such as your address, telephone number, and email address (if available).
  • a statement by you to the effect that you believe in good faith that the use of the infringing material in the manner complained of is not authorized by the copyright or intellectual property owner, its agent, or the law;
  • a statement by you, under penalty of perjury, that the above information contained in your communication is accurate and that you are authorized to act on behalf of the owner of copyright or other intellectual property right.

Your notice with the above information to be effective should be emailed to info@propertyinabox.com.au

for notice of claims of infringement of copyright and intellectual property rights.

COUNTER-NOTICE PROCEDURE

If you are a subscriber and you feel that material posted by you on any of the PIAB services has been wrongly removed, please email info@propertyinabox.com.au providing the following information:

  • your physical or electronic signature.
  • identification of material posted by you that has been removed, or to which access has been disabled and the location at which the material appeared before it was removed or access to it was disabled.
  • a statement by you, under penalty of perjury that you believe in good faith that the material was removed or disabled as a result of mistake or wrong identification of the material to be removed or disabled.
  • your name, address, email and telephone number, and a statement to the effect that you consent to the jurisdiction over the place of business of the service provided by PIAB and that you will accept service of process from the person who provided notification of infringement or his agent.

Your counter-notice with the above information to be effective should be emailed to info@propertyinabox.com.au for notice of claims of infringement of copyright and intellectual property rights.

PIAB may provide sample websites for the purpose of demonstrating the possibility of using the websites effectively for specific purposes. PIAB makes no warranty, either express or implied, as to the accuracy, usefulness, completeness or reliability of the information on the sample websites.

TRADEMARK

PIAB, Property In A Box logo, Hot Property Online, Hot Property Online Logo, Investment Properties Group Property Concierge, the names of individual Services and their logos are trademarks of Property In A Box Pty Ltd. You agree not to display or use, copy or replicate in any manner, the PIAB trademarks, logos without PIAB’s prior permission.

DISCLAIMER OF WARRANTIES

YOU EXPRESSLY UNDERSTAND AND AGREE THAT THE USE OF THE SERVICES IS AT YOUR SOLE RISK. THE SERVICES ARE PROVIDED ON AN AS-IS-AND-AS-AVAILABLE BASIS. PIAB EXPRESSLY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. PIAB MAKES NO WARRANTY THAT THE SERVICES WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR FREE. USE OF ANY MATERIAL DOWNLOADED OR OBTAINED THROUGH THE USE OF THE SERVICES SHALL BE AT YOUR OWN DISCRETION AND RISK AND YOU WILL BE SOLELY RESPONSIBLE FOR ANY DAMAGE TO YOUR COMPUTER SYSTEM, MOBILE TELEPHONE, WIRELESS DEVICE OR DATA THAT RESULTS FROM THE USE OF THE SERVICES OR THE DOWNLOAD OF ANY SUCH MATERIAL. NO ADVICE OR INFORMATION, WHETHER WRITTEN OR ORAL, OBTAINED BY YOU FROM PIAB, ITS EMPLOYEES OR REPRESENTATIVES SHALL CREATE ANY WARRANTY NOT EXPRESSLY STATED IN THE TERMS.

LIMITATION OF WARRANTY

YOU AGREE THAT PIAB SHALL, IN NO EVENT, BE LIABLE FOR ANY CONSEQUENTIAL, INCIDENTAL, INDIRECT, SPECIAL, PUNITIVE, OR OTHER LOSS OR DAMAGE WHATSOEVER OR FOR LOSS OF BUSINESS PROFITS, BUSINESS INTERRUPTION, COMPUTER FAILURE, LOSS OF BUSINESS INFORMATION, OR OTHER LOSS ARISING OUT OF OR CAUSED BY YOUR USE OF OR INABILITY TO USE THE SERVICE, EVEN IF PIAB HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE. IN NO EVENT SHALL PIAB’S ENTIRE LIABILITY TO YOU IN RESPECT OF ANY SERVICE, WHETHER DIRECT OR INDIRECT, EXCEED THE FEES PAID BY YOU TOWARDS SUCH SERVICE.

 INDEMNIFICATION

You agree to indemnify and hold harmless PIAB, its officers, directors, employees, suppliers, and affiliates, from and against any losses, damages, fines and expenses (including legal fees and costs) arising out of or relating to any claims that you have used the Services in violation of another party’s rights, in violation of any law, in violation of any provisions of the Terms, or any other claims related to your use of the Services, except where such use is authorised by PIAB.

NON-CIRCUMVENTION

The Subscriber agrees not to circumvent or prevent PIAB from being passed over in a property transaction relating to builders/developers/suppliers in existing agreements with PIAB or those suppliers providing listings within the Fusion CRM Property Platform leaving them without full compensation for the service provided. In the event of circumvention, the Subscriber agrees to compensate PIAB 1.5 times the total commission payable by the builder to PIAB.

DISPUTE RESOLUTION

“The parties shall attempt to resolve any dispute arising out of or relating to these terms of service through negotiations between senior executives of the parties, who have authority to settle the same. If the matter is not resolved by negotiation within 30 days of receipt of a written ‘invitation to negotiate’, the parties will attempt to resolve the dispute in good faith through an agreed Alternative Dispute Resolution (ADR) procedure, or in default of agreement, through an ADR procedure as recommended to the parties by the Victorian Association for Dispute Resolution (VADR). If the matter has not been resolved by an ADR procedure within 60 days of the initiation of that procedure, or if any party will not participate in an ADR procedure, the dispute may be referred to arbitration by any party.  The arbitration shall be governed by the Victorian Arbitration Act as agreed between the parties. Should the parties be unable to agree on an arbitrator or arbitrators, or be unable to agree on the Rules for Arbitration, any party may, upon giving written notice to other parties, apply to the VADR, for the appointment of an Arbitrator or Arbitrators and for any decision on rules that may be necessary. Nothing in this clause shall be construed as prohibiting a party or its affiliate from applying to a court for interim injunctive relief.”

CLAW-BACK AGREEMENT

The Subscriber agrees that if the sale of a designated property is unable to be completed or is cancelled at any time for any reason and/or if PIAB is subject to a claw back of the fees paid by the builder/developer/supplier then, all fees paid in respect of the qualifying sale of the designated property paid to the Subscriber must be repaid to PIAB within 14 days of receiving written notice to repay the fee. In the event the Subscriber does not repay within the 14 days of receiving written notice PIAB reserves the right the charge the Subscriber 5% per day of the amount paid to the Subscriber until the fee / commission is repaid to PIAB.

SUSPENSION AND TERMINATION

We may suspend your user account or temporarily disable access to whole or part of any Service in the event of any suspected illegal activity, extended periods of inactivity or requests by law enforcement or other government agencies. Objections to suspension or disabling of user accounts should be made to info@propertyinabox.com.au within thirty days of being notified about the suspension. We may terminate a suspended or disabled user account after thirty days. We will also terminate your user account on your request.

In addition, we reserve the right to terminate your user account and deny the Services upon reasonable belief that you have violated the Terms and to terminate your access to any Beta Service in case of unexpected technical issues or discontinuation of the Beta Service. You have the right to terminate your user account if PIAB breaches its obligations under these Terms. Termination of user account will include denial of access to all Services, deletion of information in your user account such as your email address and password and deletion of all data in your user account.

SALES ASSITANCE SERVICES (SAS)

PIAB offers 2 Sales Assistance Services (SAS) to assist its members who may either be time poor or not experienced in investment sales and are based on the Fees allocated to the Subscriber.

 

Minimum SAS (set fee $6,600 inc gst)

Min SAS services include PIAB facilitating meetings directly with the builder including phone calls and typically Zoom screen share meetings, handling client’s objections, answering questions, providing all required information for the client to make an informed decision, closing the sale.

Maximum SAS (40% of Subscriber Commissions)

Max SAS services include all of the above Min SAS services, however, are triggered in the event the client decides not to purchase initial property and PIAB then continues to work with the client to present additional properties, information and presentations.

EXAMPLE 1

  • Total commission paid by supplier = $22,000 inc gst
  • Less $3,300 inc gst (PIAB Search & Contract Management Service Fee)
    (Note: PIAB receives 10% of total commissions with a min of $3,300)
  • = $18,700 inc gst (Subscriber Fee)
    • If PIAB provides Minimum SAS
      • $6,600 inc gst (SAS Fee) + ($3,300 inc gst) = $9,900 inc gst Total PIAB Fee
      • $12,100 inc gst (Subscriber Fee)
    • If PIAB provides Maximum SAS
      • $7,480 inc gst (40% of Subscriber Fee) + ($3,300 inc gst) = $10,780 inc gst Total PIAB Fee
      • $11,220 inc gst (60% of Subscriber Fee)

EXAMPLE 2

  • Total commission paid by supplier = $33,000 inc gst
  • $3,300 inc gst (PIAB Search & Contract Management Service Fee)
  • $29,700 inc gst (Subscriber Fee)
    • If PIAB provides Minimum SAS
      • $6,600 inc gst (SAS Fee) + ($3,300 inc gst) = $9,900 inc gst Total PIAB Fee
      • $23,100 inc gst (Subscriber Fee)
    • If PIAB provides Maximum SAS
      • $11,800 inc gst (40% of Subscriber Fee) + ($3,300 inc gst) = $15,100 inc gst Total PIAB Fee
      • $17,900 inc gst (60% of Subscriber Fee)

EXAMPLE 3

  • Total commission paid by supplier = $44,000 inc gst
  • $4,400 inc gst (PIAB Search & Contract Management Service Fee)
  • $39,600 inc gst (Subscriber Fee)
    • If PIAB provides Minimum SAS
      • $6,600 inc gst (SAS Fee) + ($4,400 inc gst) = $11,000 inc gst Total PIAB Fee
      • $33,000 inc gst (Subscriber Fee)
    • If PIAB provides Maximum SAS
      • $15,840 inc gst (40% of Subscriber Fee) + ($4,400 inc gst) = $20,240 inc gst Total PIAB Fee
      • $23,760 inc gst (60% of Subscriber Fee)

COMMISSION PAYMENTS

Please refer to Schedule 1: Commission Payments

FEES

Please refer to Schedule 2: Fees and Services

SCHEDULE 1: COMMISSION PAYMENTS

Below are some examples of commissions PIAB may receive and how they are disbursed.

  • Where a $33,000 inc GST commission is paid to Property In A Box Pty Ltd by the builder/supplier/developer:
  • PIAB Receives = $3,300 inc gst (10% of commissions)
  • Subscriber Receives = $29,700 inc gst (90% of commissions)

IMPORTANT:

PIAB receives 10% of the total commissions’ payable with a minimum of $3,300 inc gst.

See below example.

Where a $22,000 inc GST commission is paid to Property In A Box Pty Ltd by the builder/supplier/developer:

PIAB Receives = $3,300 inc gst (minimum $3,300)

Subscriber Receives $18,700 inc gst (residual of commissions)

Payment Timeline Examples
  1. All payments are disbursed by Property In A Box Pty Ltd and paid 14 days upon receipt of invoice under the following conditions.
  2. All disbursements are made once PIAB is paid by the Builder/Supplier/Developer or at PIAB’s discretion. Examples of when PIAB is paid:
    • PIAB is paid (50% on frame/ 50% on lockup)
    • PIAB is paid (50% on slab / 50% on settlement)
    • PIAB is paid (100% on settlement)
  3. Where a client purchases off the plan (house and land) on a 2-part contract, the earliest the Referrer shall be paid is when land is registered, slab is down and slab claim is paid to builder. Some builders pay 100% on practical completion and when practical completion claim is paid to builder.
  4. Where a client purchases off the plan on a one-part contract i.e. townhouse and apartments, the Referrer shall be paid 100% at settlement.
  5. Where a client purchases a completed property, the Subscriber/Referrer shall be paid 100% at settlement.

To be clear, if PIAB is not paid by the Builder/Supplier/Developer no one is paid.
PIAB reserves the right to pay 100% on settlement.
Example, if PIAB deems the risk of the client not completing the transaction to be high.
PIAB reserves the right to deduct residual subscription fees from the first sale generated by the Subscriber.
(Only relevant to those Subscribers who have elected to pay on a monthly basis).

 

SCHEDULE 1: FEES AND SERVICES

FEES

  • PAYMENT (MONTHLY SUBSCRIPTION PLAN)
    • $658 (Inc Gst) Once Off Setup Fee
    • $330 (Inc Gst) monthly subscription
    • 12 month minimum commitment
    • PIAB reserves the right to deduct the complete / residual subscription payment from the first sales commission payment.
    • TOTAL = $4,618
  • PAYMENT (ANNUAL PAYMENT) – SAVE $658 inc gst
    • Setup Fee waived upon 12 months subscription paid upfront
    • 12 month minimum commitment
    • TOTAL = $3,960 (SAVE: $658 inc gst)

PAYMENT METHOD

Annual Payment

  • Can be made via Credit Card and Direct Deposit.
  • Payments will automatically revert to a monthly subscription fee on the anniversary of the joining date.

Monthly Payment

  • Can be made via Credit Card only
  • Credit Card will be debited monthly on the samedate of the month the Member joined.
  • Payments will automatically renew annually and continue on the anniversary of the joining date.

SET UP FEE INCLUSIONS

  • Set up of 2x PIAB PHP websites
  • Set up of your Fusion CRM Account
FEE FOR SERVICE ITEMS

PIAB offers the below additional Fee For Services which are not included in the Set Up Fee.

Property Data API Integration – $35 hour (Inc gst)

  • $35 hour (inc gst)
    • Property In A Box will integrate the property data feed API on your own website in the event you don’t have an IT team.

Domain Pointing – $35 hour (inc gst)

  • Property In A Box will facilitate the domain pointing of your domain to the websites provided.

Specific Property Reports
Typically used by wealth creation professionals who require more market information for property investors. Please ensure you provide at least 48 hours notices when ordering your SPRs.

  • 1 SPR – $55 inc gst
  • 2 SPR – $99 inc gst
  • 3 SPR – $120 inc gst

Graphic Design Services (Logo Creation, Banner Designs etc)

  • $35 hour inc gst

END OF TERMS OF SERVICE

If you have any questions or concerns regarding this Agreement, please contact us at info@propertyinabox.com.au

By subscribing to PIAB’s Services I agree to the above Terms of Service outlined in this Agreement:

1PIAB receives 10% of the total commissions’ payable with a minimum of $3,300 inc gst

2‘Off-Market’ properties generally will not be found on any of the popular MLS (multi listing sites) for Owner Occupier or Investment Properties.

3 Complementary to Beta Subscription Service

We may offer certain Services as closed or open beta services (“Beta Service” or “Beta Services”) for the purpose of testing and evaluation. You agree that we have the sole authority and discretion to determine the period for testing and evaluation of Beta Services. We will be the sole judge of the success of such testing and the decision, if any, to offer the Beta Services as commercial services. You will be under no obligation to acquire a subscription to use any paid Service as a result of your subscription to any Beta Service. We reserve the right to fully or partially discontinue, at any time and from time to time, temporarily or permanently, any of the Beta Services with or without notice to you. You agree that PIAB will not be liable to you or to any third party for
any harm related to, arising out of, or caused by the modification, suspension or discontinuance of any of the Beta Services for any reason.