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April 29, 2019

Want to Protect Your Commission? There’s a Form for That

In any given transaction, there are several different agreements that affect broker compensation. Such compensation can be addressed in the following types of agreements: Client representation agreements, such as listing and buyer/tenant representation A cooperative compensation (commission) agreeme
Background

In any given transaction, there are several different agreements that affect broker compensation. Such compensation can be addressed in the following types of agreements:

  • Client representation agreements, such as listing and buyer/tenant representation
  • A cooperative compensation (commission) agreement between the brokers
  • A commission registration agreement between a broker and party to the transaction.

Various members-only forms protect a broker’s commission. Read Texas REALTOR® to learn more about how Texas REALTORS® forms cover your commission.

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