Commission Split

An agreement between a broker and a licensee, or an agreement between a listing broker at one firm and a selling broker at another firm that specifies the sharing of commission paid to the listing firm upon the successful sale of real property.  It is possible there are multiple agreements for a single transaction.  For example, if a licensee (agent) from firm A lists a property for sale, and a licensee (agent) from firm B brings the buyer and a sale is closed, then the commission paid to firm A may be shared in a variety of percentages (negotiable) between firm A, agent from firm A, firm B, and agent from firm B.  Four different parties.

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