What is “co-broke”?
“Co-broke” (cooperating brokers) is when two brokerages work together to complete the sale of one home.
- One agent represents the seller (the listing agent / listing brokerage).
- Another agent represents the buyer (the buyer’s agent / buyer’s brokerage).
When a buyer’s agent brings the buyer, the transaction may include compensation for both sides. Today, that compensation is not advertised in the MLS—it’s negotiated as part of the deal and can be paid in different ways depending on what the buyer and seller agree to.
*If compensation is paid to both sides, it’s typically split between the two brokerages, and it’s not always 50/50.
Co-Broke Is Not Always Split 50/50
There’s no rule that says buyer-agent compensation has to be an even 50/50 split. It can vary, and it’s negotiable.
That’s why it’s smart to ask up front—before you sign anything— exactly how buyer-agent compensation will be handled in your sale, and to make sure the terms are clearly spelled out in writing (in your listing agreement and/or any separate written compensation agreement used for the transaction).
Bottom line: Get it clear. Get it in writing. Avoid surprises.
Nothing Left To The Imagination
No guesswork. No fine print. No surprises.
At Better Buy Realty, everything is put in writing in plain English. Our listing agreement is straightforward, easy to understand, and clearly outlines all terms—including your commission and buyer-agent compensation. We leave nothing to the imagination, so you can move forward with confidence all the way to closing.
