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Thursday, November 21, 2019

What is the mean by Cooperative sale in real estate?

If you are searching for the meaning of Cooperative sale in real estate and also a definition of Cooperative sale,  then this blog post is helpful for you

Definition

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 have agreed to cooperate in closing the property, and typically, splitting the commission. Offers of cooperation and compensation are commonly found in the MLS property listings. 

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