The terms 'Co-Broker' and 'Co-Broker Commission'—also known as 'Cooperating Broker' and 'Commission Split,' refer to the collaborative efforts between two or more real estate brokers to sell a property and the shared commission earned from the sale.
A cooperating broker is a real estate professional who agrees to share the commission with another broker, usually the one representing the other party in a property transaction.
The Selling Broker (Agent) is a licensed real estate professional who introduces and represents the buyer in a real estate transaction, playing a critical role alongside the Listing Broker (Agent).
