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).


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Real Estate Glossary - Real Estate Terminology
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