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PLEASE CAREFULLY READ THE FOLLOWING BEFORE CONTINUING!

The below indicated requirement might be different from your previous way of doing business.

Information request forms --

On this site are "information-request" forms that we ask you to complete and submit, so that we might more accurately provide the information that you seek. These are not contracts and not binding. However, we do ask that these be used for serious booking information requests only.

Making an offer --

After you receive our response via e-mail, you may decide to proceed with submitting an offer.

Buyers/promoters are invited to submit offers to purchase the services of one or more artists.
We do not submit offers to you – you will be submitting offers to us.
(This might be different from your previous way of doing business.)

For instance, we might inform you that an artist might consider a serious offer of $100 000 USD
to $125 000 USD. This means you are welcome to submit an offer in this price range for such services.

Submit an offer ONLY if you have the funds readily available to purchase the services of the artist.

Obviously, we cannot consider an offer as serious, if you do not have sufficient funds to proceed.

Binder requirement --

After submitting an offer, you will be required to validate your offer. This will show that your offer is serious and that you are prepared to pay for such services.

Validating an offer is done by submitting a refundable "good-faith" financial binder. A letter of credit is not sufficient, nor is a "promise to pay".

Situations vary. However, typically, a good-faith binder amount is 10-25 per cent of the amount of your offer. You will be notified of the specific amount upon receipt of your offer.

This "good-faith" financial binder must be received before we process your offer.

We do not work with offers that are not backed by this financial binder. An offer that is not backed by the required binder is not considered valid.

The binder must be received within 72 hours of notification of the required amount. This notification is sent to you after we receive your offer. Bank-wire instructions will be provided.

It is not acceptable to state, "I will send a binder after the artist accepts my offer and I receive a contract". Such a payment is called a "deposit", not a "binder".  Do not confuse the two terms. A refundable "binder" is bank-wired BEFORE an artist considers or agrees to an offer. A contract "deposit" is bank-wired AFTER an artist accepts an offer.

Again --
Binder: Due immediately after an offer is submitted, and before the offer is forwarded to the artist for consideration. Without a binder, no action can be taken on an offer. The binder is a show of good-faith commitment by the buyer.
Deposit: Due when the artist has tentatively accepted the offer and contracts are issued.

If the artist does not accept your offer, 100% of the binder is promptly returned to you - or, at your request, the funds can be held as your binder for an offer for another artist.

Which comes first --

The offer and the required binder must be received before we process your offer.

Submitting an offer backed by a binder means you are making a declaration that you have decided to hire the artist and you are prepared to move forward to a performance contract should your offer be accepted.

Do NOT ask us to request the artist to commit to your date before we receive your binder.

Occasionally, we get promoters asking us to get an artist to agree to a date so they (the promoters) can get investors and/or sponsors to release funds. This is totally unacceptable. Too many times, an artist has accepted a date, only to discover investors do not have sufficient funds or the offering person/company is unable to proceed. If you do not have direct control of at least 10-25 per cent of the amount being offered, stop. Do not proceed. We cannot assist you.

You MUST be prepared to bank-wire a good-faith binder when you make your offer!

Again, an offer that is not backed by the required binder is not considered valid - and cannot be considered.

Sorry. There are no exceptions.

In summary --

The buyer/promoter must demonstrate a commitment that is backed by refundable bank-wired funds before we can proceed to take action on a submitted offer.

If you require the artist to commit (or accept your date) before you wire funds, do not proceed. Such a requirement is not acceptable. We will not be able to do business with you.

If you know that you will be financially prepared to forward the required binder when you submit an offer, let's do business! We are happy to provide services to you!

If you know that you will not be able to transfer funds in advance, click here.

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Richard De La Font Agency, Inc.

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