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Compass Auctions & Real Estate 5251C Highway 153 #280. Chattanooga, TN 37343 (423) 7026180 Telephone (423) 7026179 FacsimileBROKER/AGENT PARTICIPATION AGREEMENT Broker/Agent Identification: hereinafter
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Obtain a copy of the brokeragent participation agreement from the appropriate authority.
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Read the agreement carefully to understand the terms and conditions.
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Fill out the agreement with accurate and complete information.
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Provide all required supporting documents as specified in the agreement.
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Review the filled-out agreement to ensure correctness and accuracy.
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Make copies of the signed agreement for your records.
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Submit the filled-out and signed agreement to the relevant authority.
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Follow up with the authority to ensure the agreement is processed and approved.

Who needs brokeragent participation agreement?

01
Real estate brokers or agents who wish to participate in a specific program or partnership.
02
Individuals or companies looking to establish a professional relationship with a brokerage firm.
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A broker-agent participation agreement is a contract between a broker and an agent that defines the terms of collaboration in securing clients or managing transactions.
Typically, real estate brokers and agents involved in transactions where a broker-agent arrangement exists are required to file this agreement.
To fill out a broker-agent participation agreement, complete the required fields, including the names of the broker and agent, the terms of participation, and any compensation details, ensuring all parties sign the document.
The purpose of a broker-agent participation agreement is to formalize the relationship and responsibilities between brokers and agents in real estate or financial transactions.
Information that must be reported includes the names of involved parties, the nature of the transaction, commission structures, and any relevant contractual obligations.
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