The Real Estate Encyclopedia
Cooperative Sale
Category - Real Estate Glossary - Real Estate Terminology
A sale of property in which the buyer is brought to the transaction by a real estate agent who works for a different real estate broker than the listing agent. Both brokers/companies agree to cooperate in closing the transaction and usually split the commission. Offers of cooperation and compensation are the basis and foundation for most Multiple Listing Services (MLS).

Real Estate Glossary - Real Estate Terminology
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