Commission Split in Real Estate
How To Split Commission in Real Estate transactions
The Listing Broker and the Sales Agent Relationship in a Commission Split Arrangement
2 Party Split
When a Listing Broker use other to do the work of promoting, negotiating or selling their own listed real estate, they make up an cooperation agreement.
When a sale of the property is achieved, by the help of the sales agent, they will split the commission between the listing broker and the sales agent. All commissions paid to the listing broker will be split with the involved agent. The usual split between a Listing Broker and an Sales Agent is 50/50
3 Party Split
If the Listing Broker as well works and lists properties for another brokerage, all 3 parties involved split the received commission equally