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Get the free COMPENSATION AGREEMENT BETWEEN LISTING & SELLING BROKER

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Copyright 2012 Tennessee Association of Realtors F56 Compensation Agreement Between Listing & Selling Broker, Page 1 of 1 Version 02/01/2014
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Compensation agreement between listing is an agreement that outlines the terms of payment for services between a party listing a property and a party representing the buyer or tenant.
The parties involved in the transaction, typically the listing agent and the buyer's agent or tenant's agent, are required to file the compensation agreement.
To fill out a compensation agreement between listing, both parties must agree on the terms of payment and clearly outline them in the agreement. The agreement should be signed by both parties.
The purpose of a compensation agreement between listing is to establish the commission or fee that will be paid to the real estate agents involved in the transaction.
The compensation agreement between listing must include the names of the parties, the property address, the agreed-upon commission or fee, and any other relevant terms and conditions.
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