How is a cooperating broker compensated in NSAR transactions?

How is a cooperating broker compensated in NSAR transactions?

• A. Cooperating brokers are paid a flat fee regardless of agreement.
• B. A cooperating broker receives a portion of the commission per agreement; referral agreements govern shares.
• C. The seller pays the entire commission to the cooperating broker.
• D. Cooperating brokers do not receive any commission.

Answer: (B)

In NSAR transactions, the cooperating broker is paid a portion of the total commission that the seller has agreed to pay. The exact share is set by the cooperation agreement between the listing broker and the cooperating (selling) broker, and by MLS rules. If a referral arrangement exists, it can also govern how a portion of that share is allocated to another broker or firm that referred the client. The key point is that the cooperating broker earns part of the seller’s total commission based on an agreed split, rather than receiving a flat fee or the entire commission.

In NSAR transactions, the cooperating broker is paid a portion of the total commission that the seller has agreed to pay. The exact share is set by the cooperation agreement between the listing broker and the cooperating (selling) broker, and by MLS rules. If a referral arrangement exists, it can also govern how a portion of that share is allocated to another broker or firm that referred the client. The key point is that the cooperating broker earns part of the seller’s total commission based on an agreed split, rather than receiving a flat fee or the entire commission.