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AGENT IS SIGNATURE REQUIRED COOPERATING BROKERAGE AGREEMENT Agent/Associate for Buying Broker: Buying Broker: From Listing Broker:Requested Documents Copy of Your Real Estate License Agent Initial

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How to fill out co-operating brokerage agreement

01

Step 1: Begin by reading the co-operating brokerage agreement thoroughly to understand its terms and conditions.

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Step 2: Fill out the contact information section accurately, including the names, addresses, and contact details of both the cooperating broker and the client or party involved.

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Step 3: Specify the property details, such as the address, legal description, and any other relevant information.

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Step 4: Indicate the agreed-upon commission or fees for the cooperating broker, ensuring clarity on how and when the payment will be made.

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Step 5: Include any additional terms or conditions agreed upon by both parties, such as exclusivity, duration, or any special requirements.

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Step 6: Review the completed agreement thoroughly and make sure all information is accurate.

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Step 7: Both parties should sign and date the agreement to make it legally binding.

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Step 8: Keep a copy of the filled-out co-operating brokerage agreement for future reference and record-keeping purposes.

Who needs co-operating brokerage agreement?

01

Real estate agents, brokers, or agencies who collaborate with other professionals in the industry.

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Clients or parties entering into a real estate transaction where multiple brokers are involved.

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Individuals or entities seeking to define the terms and conditions of their collaboration with a cooperating broker.

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What is co-operating brokerage agreement?

A co-operating brokerage agreement is a legal contract between two real estate brokerage firms that outlines the terms and conditions of their collaboration in representing a client in a real estate transaction.

Who is required to file co-operating brokerage agreement?

The real estate agents or brokers involved in the transaction are required to file the co-operating brokerage agreement.

How to fill out co-operating brokerage agreement?

To fill out a co-operating brokerage agreement, the agents or brokers must include details of the client, property, commission splits, and any other terms agreed upon by both parties.

What is the purpose of co-operating brokerage agreement?

The purpose of a co-operating brokerage agreement is to establish the roles and responsibilities of each brokerage firm in the transaction, protect the interests of the client, and ensure fair compensation for all parties involved.

What information must be reported on co-operating brokerage agreement?

The co-operating brokerage agreement must contain details of the client, property address, commission splits, duration of the agreement, and any other terms and conditions agreed upon by both parties.

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