Common use of COOPERATING BROKER COMPENSATION Clause in Contracts

COOPERATING BROKER COMPENSATION. Seller authorizes Xxxxxx to make an offer of compensation (“Cooperating Commission”) of 2.5 % of the purchase price to all participating brokers (and their agents) (“Cooperating Brokers”) in the multiple listing service (“MLS”). Xxxxxx agrees to pay the Cooperating Commission when a Cooperating Broker represents and introduces the Property to a ready, willing and able Prospective Buyer who purchases the Property. The Cooperating Commission shall be paid at close of escrow. If Seller requests that the Cooperating Commission be changed/lowered during the term of this Agreement, then the following applies; a lower Cooperating Commission rate would not be applicable to any broker with the same buyer that has made a previous offer during the Listing Period. The same broker with same buyer would be entitled to the highest commission amount posted during the Listing Period. All other brokers (meaning brokers who had not submitted offers on behalf of their clients) that make an offer, would receive what is posted at the time of offer. Xxxxxx and Xxxxxx authorize the closing agent to pay the Cooperating Commission directly from the sale proceeds upon the transfer of title at the closing not at a later date. Xxxxxx agrees that Xxxxxx is ultimately responsible for payment of the commission provided for herein.

COOPERATING BROKER COMPENSATION. Seller authorizes Xxxxxx Broker to make an offer of compensation (“Cooperating Commission”) of 2.5 2 % of the purchase price to all participating brokers (and their agents) (“Cooperating Brokers”) in the multiple listing service (“MLS”). Xxxxxx agrees to pay the Cooperating Commission when a Cooperating Broker represents and introduces the Property to a ready, willing and able Prospective Buyer who purchases the Property. The Cooperating Commission shall be paid at close of escrow. If Seller requests that the Cooperating Commission be changed/lowered during the term of this Agreement, then the following applies; a lower Cooperating Commission rate would not be applicable to any broker with the same buyer that has made a previous offer during the Listing Period. The same broker with same buyer would be entitled to the highest commission amount posted during the Listing Period. All other brokers (meaning brokers who had not submitted offers on behalf of their clients) that make an offer, would receive what is posted at the time of offer. Xxxxxx and Xxxxxx authorize the closing agent to pay the Cooperating Commission directly from the sale proceeds upon the transfer of title at the closing not at a later date. Xxxxxx agrees that Xxxxxx is ultimately responsible for payment of the commission provided for herein.

COOPERATING BROKER COMPENSATION. Seller authorizes Xxxxxx Broker to make an offer of compensation (“Cooperating Commission”) of 2.5 2 % of the purchase price to all participating brokers (and their agents) (“Cooperating Brokers”) in the multiple listing service (“MLS”). Xxxxxx Seller agrees to pay the Cooperating Commission when a Cooperating Broker represents and introduces the Property to a ready, willing and able Prospective Buyer who purchases the Property. The Cooperating Commission shall be paid at close of escrow. If Seller requests that the Cooperating Commission be changed/lowered during the term of this Agreement, then the following applies; a lower Cooperating Commission rate would not be applicable to any broker with the same buyer that has made a previous offer during the Listing Period. The same broker with same buyer would be entitled to the highest commission amount posted during the Listing Period. All other brokers (meaning brokers who had not submitted offers on behalf of their clients) that make an offer, would receive what is posted at the time of offer. Xxxxxx Seller and Xxxxxx Broker authorize the closing agent to pay the Cooperating Commission directly from the sale proceeds upon the transfer of title at the closing not at a later date. Xxxxxx Seller agrees that Xxxxxx Seller is ultimately responsible for payment of the commission provided for herein.

COOPERATING BROKER COMPENSATION. Seller authorizes Xxxxxx Broker to make an offer of compensation (“Cooperating Commission”) of 2.5 1 % of the purchase price to all participating brokers (and their agents) (“Cooperating Brokers”) in the multiple listing service (“MLS”). Xxxxxx agrees to pay the Cooperating Commission when a Cooperating Broker represents and introduces the Property to a ready, willing and able Prospective Buyer who purchases the Property. The Cooperating Commission shall be paid at close of escrow. If Seller requests that the Cooperating Commission be changed/lowered during the term of this Agreement, then the following applies; a lower Cooperating Commission rate would not be applicable to any broker with the same buyer that has made a previous offer during the Listing Period. The same broker with same buyer would be entitled to the highest commission amount posted during the Listing Period. All other brokers (meaning brokers who had not submitted offers on behalf of their clients) that make an offer, would receive what is posted at the time of offer. Xxxxxx and Xxxxxx authorize the closing agent to pay the Cooperating Commission directly from the sale proceeds upon the transfer of title at the closing not at a later date. Xxxxxx agrees that Xxxxxx is ultimately responsible for payment of the commission provided for herein.