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COOPERATIONAGREEMENT
(MLSLIListedProperty)
ThisCooperationAgreement(Agreement)isenteredintoon___betweentheLIBOR/ML SLI
ListingBrokerandtheREBNY/RLSCooperatingBrokerregardingtheSubjectPremiseslistedbelow.
ListingBroker:___(ListingBroker)
Address:___
CooperatingBroker:___(CooperatingBroker)
Address:___
Owner:___(Owner)
SubjectPremises:___(SubjectPremises)
ExpirationDateofL
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How to fill out co-brokerage agreement
How to fill out co-brokerage agreement
01
Obtain a co-brokerage agreement form from a real estate agency or an attorney.
02
Fill in the details of the parties involved, including names, contact information, and brokerage firms.
03
Specify the terms of the agreement, such as commission splits, responsibilities of each party, and duration of the agreement.
04
Include clauses for confidentiality, non-disclosure, and dispute resolution.
05
Review the agreement with all parties involved and make any necessary revisions.
06
Sign the agreement and ensure all parties have a copy for their records.
Who needs co-brokerage agreement?
01
Real estate agents who are collaborating on a property sale and want to specify the terms of their partnership.
02
Brokers who are working together to represent a client and need to outline their respective duties and commission splits.
03
Individuals or companies looking to hire multiple real estate agents to help sell their property and want to ensure clear communication and expectations.
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What is co-brokerage agreement?
A co-brokerage agreement is a contract between two or more real estate agents that outlines the terms of their collaboration in representing a client.
Who is required to file co-brokerage agreement?
Real estate agents or brokers who are working together on a transaction are required to file a co-brokerage agreement.
How to fill out co-brokerage agreement?
To fill out a co-brokerage agreement, agents must include details such as the names of the parties involved, the property address, commission split, and any other terms agreed upon.
What is the purpose of co-brokerage agreement?
The purpose of a co-brokerage agreement is to establish the responsibilities and compensation of each agent involved in a real estate transaction.
What information must be reported on co-brokerage agreement?
The co-brokerage agreement must include details about the buyer, seller, property, commission split, and any special terms or conditions.
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