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MUTUAL TERMINATION OF BROKERAGE ENGAGEMENT AGREEMENTGeorgia2019 PrintingWITNESSETHO N LY, by and between This Mutual Termination Agreement is entered into this date of, between (Client) and (Broker)

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How to fill out co-brokerage agreement this agreement

01

Start by reviewing the co-brokerage agreement form provided by the involved parties.

02

Fill in the names and contact information of the brokers from each party involved in the agreement.

03

Specify the terms and conditions of the co-brokerage agreement, including commission rates, responsibilities, and obligations of each broker.

04

Clearly outline the property or properties that will be shared between the brokers and specify the agreed upon commission split for each property.

05

Include any additional provisions or clauses that are relevant to the co-brokerage agreement.

06

Review the completed agreement with all parties involved to ensure mutual understanding and agreement.

07

Sign and date the co-brokerage agreement, with each broker retaining a copy for their records.

Who needs co-brokerage agreement this agreement?

01

Real estate agents and brokers who want to work together and share commissions on a property listing may need a co-brokerage agreement.

02

This agreement is commonly used in the real estate industry when multiple brokers collaborate on a sale or lease transaction.

03

It helps establish the terms, responsibilities, and commission splits between the brokers involved.

04

Both listing brokers and buyer's brokers may utilize co-brokerage agreements to formalize their working relationship and ensure fair compensation for their efforts.

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