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COBROKE AGREEMENT The undersigned, Wisconsin Lakes Realty, Inc. (listing Broker) agrees to pay to , (Cooperating Broker) upon successful closing of the purchase by and , (Buyers Names) a commission.

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How to fill out the Co-broke Agreement online

Filling out the Co-broke Agreement online can streamline the process of securing a commission for cooperating brokers in real estate transactions. This guide will help you navigate the form step-by-step to ensure a smooth completion.

Follow the steps to effectively complete the Co-broke Agreement online.

  1. Click ‘Get Form’ button to obtain the Co-broke Agreement and open it in your preferred digital editor.
  2. In the first section, enter the name of the Cooperating Broker in the designated field. This will identify the broker entitled to the commission.
  3. Next, fill in the names of the Buyers in the appropriate fields. Ensure all names are spelled correctly to avoid any legal issues.
  4. Specify the commission percentage of the sale price to be paid to the Cooperating Broker. This can be based on the guidelines provided — 1% or 2% depending on their involvement.
  5. Indicate the Lot/Unit and the Project Name related to the property being sold. This is crucial for ensuring clarity in the agreement.
  6. Provide the Town/City, County, and State for the property to specify its location accurately.
  7. Set a closing date in the designated field. This date marks when the commission becomes due upon the successful closing of the property sale.
  8. The Listing Broker should complete their information, including signature, name, date, phone number, fax, and email.
  9. The Cooperating Broker must then enter their information, including license details, mailing address, physical address, and contact details.
  10. Finally, review all entries for accuracy and completeness. Once confirmed, save changes, and you may choose to download, print, or share the completed form as needed.

Complete the Co-broke Agreement online to ensure a smooth real estate transaction.

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To co-broke means to split commission with another broker. In real estate, the listing agent will secure a commission from the seller that is split with a buyer's agent.

The brokerage agreement is a formal agreement between the buyer/seller and the broker. If any dispute should arise between these two parties, this agreement will be the source to understand which duty each party had in the agreement.

Updated October 29, 2020: A brokerage agreement is a type of contract wherein one party agrees to act as a sales agent of another, who is called the principal.

A brokerage agreement helps a property owner/buyer to authorize a real estate broker to find a buyer/seller for the property on their terms for which they pay the commission to the broker.

: combined or joint agency.

In co-brokering, one broker works with the buyer and a different broker works with the seller and the brokers split the commission of the sale.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Your Privacy Choices
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
altaFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232