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Tesla Realty Group LLC 30 Wall Street, 8th Floor, New York City, NY 10005 www.teslarealtygroup.com | 1.844.TESLA.KG | info@teslarealtygroupny.comCOOPERATING BROKER COMPENSATION AGREEMENT (not to be

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How to fill out cooperating broker compensation agreement

01

Contact the cooperating broker to discuss compensation terms.

02

Fill in the agreement with details such as property address, listing price, and commission split.

03

Include any conditions or contingencies agreed upon by both parties.

04

Sign and date the agreement, ensuring all parties have a copy for their records.

Who needs cooperating broker compensation agreement?

01

Real estate agents, brokers, or companies who are working together on a real estate transaction and want to establish compensation terms.

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What is cooperating broker compensation agreement?

A cooperating broker compensation agreement is a contract between a listing broker and a cooperating broker that determines the compensation that the cooperating broker will receive for bringing a buyer to purchase the property.

Who is required to file cooperating broker compensation agreement?

The listing broker is typically responsible for filing the cooperating broker compensation agreement.

How to fill out cooperating broker compensation agreement?

The cooperating broker compensation agreement should be filled out with details of the compensation being offered, the property being sold, and the terms of the agreement.

What is the purpose of cooperating broker compensation agreement?

The purpose of the cooperating broker compensation agreement is to establish the compensation that will be paid to the cooperating broker for their role in the sale of the property.

What information must be reported on cooperating broker compensation agreement?

The cooperating broker compensation agreement should include details such as the names of the parties involved, the property address, the compensation amount, and the terms of the agreement.

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