What Is A Retail Agreement?
A retail agreement, also known as an Exclusive Marketing Agreement, is a contract between a homeowners' or condominium association and a service provider that outlines the provision of products and services at retail rates. This agreement grants the service provider access to the community to install, maintain, and operate their network, allowing them to offer services to the residents.
Typically, the contract includes compensation paid to the community by the service provider in exchange for granting exclusive marketing rights within the community.
M Consulting Group provides comprehensive support in negotiating these agreements. Whether you are considering a new retail agreement or renewing an existing one, our knowledge and experience will help you secure the best deal for your association.
Benefits of an Exclusive Marketing Agreement:
No Financial Commitment: Each resident purchases their own service, so the association does not incur any financial obligations to the provider.
Complimentary Fiber-Optic Upgrade: When choosing a new service provider, most will install a fiber-optic infrastructure at no cost.
Monetary Compensation For Association: The association may receive financial compensation in exchange for granting marketing rights.