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Tuesday, December 5, 2023
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Co-Broker Agreement
LandCo Cooperation Agreement between Brokers
The undersigned Broker(s) agrees to participate in the sale of Illinois Real Estate according to the terms below.
The name of the Brokerage participating with LandCo is
*
The name of the designated agent participating with LandCo in this co-brokerage is...
*
The undersigned Brokerage and LandCo are participating in the following manner...
*
LandCo is the original listing agent and is seeking the help of the undersigned Broker(s)
The undersigned Brokerage is the listing agent and would like the participation of LandCo in the attempted sale of the property
Property Details
The subject property is in the following state...
*
Illinois
Iowa
Missouri
Wisconsin
The subject property is in the following County
*
How many acres is the subject property?
*
Please include some additional information to identify the property (property url, id number, township, owner, etc...)
*
Agreement Terms
This agreement will be in effect with an executed contract and shall expire on...
*
MM slash DD slash YYYY
The Original Listing Broker has the permission of the land owner to co-list the property with Cooperating Broker.
Yes
The original listing broker authorizes Cooperating Broker to offer the property for sale and market the property as they see fit, according to the terms of this agreement, the listing agreement, and the laws governing Real Estate.
In the event of any sale of the property during this co-brokerage, the original listing broker is due the following percentage of the listing side commission, with the balance going to the participating broker.
75%
While this agreement is in place, the Cooperating Broker agrees not to be in communication with the owner of the subject property without approval from the Original Listing Brokerage.
It is expressly understood that this agreement does not extend to Brokers other than the Undersigned.
Signatures
Electronic or facsimile signatures are acceptable and valid forms of signature.
Signature
Δ