{"id":1642,"date":"2018-02-14T08:00:23","date_gmt":"2018-02-14T08:00:23","guid":{"rendered":"http:\/\/www.realestatewords.com\/?page_id=1642"},"modified":"2021-11-03T20:15:17","modified_gmt":"2021-11-03T20:15:17","slug":"cooperative-sale","status":"publish","type":"page","link":"https:\/\/www.realestatewords.com\/cooperative-sale\/","title":{"rendered":"Cooperative Sale"},"content":{"rendered":"<h2>Cooperative Sale Definition<\/h2>\n<p>A <strong>cooperative sale<\/strong> means a sales transaction involving two <a href=\"https:\/\/www.realestatewords.com\/real-estate-agent\/\">real estate agents<\/a> who work at different <a href=\"https:\/\/www.realestatewords.com\/brokerage\/\">brokerages<\/a>.<\/p>\n<h2>Explanation<\/h2>\n<p>A cooperative sale happens when a buyer is introduced to the property and represented by a <a href=\"https:\/\/www.realestatewords.com\/buyers-agent\/\">buyer\u2019s agent<\/a> who works for a different company than the <a href=\"https:\/\/www.realestatewords.com\/listing-agent\/\">listing agent<\/a> who is representing the seller.<\/p>\n<p>These two agents agree to work together on the sale. In most cases, they <a href=\"https:\/\/www.realestatewords.com\/commission-split\/\">split the commission<\/a> paid by the seller equally. Many US states and MLSs have rules to govern these kinds of transactions. A handful of states even made it illegal for a buyer to be represented by the same agent who represents the seller (<a href=\"https:\/\/www.realestatewords.com\/dual-agency\/\">dual agency<\/a>).<\/p>\n<p>&nbsp;<\/p>\n<div class=\"shortcode_tabs horiz_tabs\"><div class=\"scT\"><ul class=\"scT-tab clearfix\"><li class='tS' style='width:100%;'><a>Expert Contributor<\/a><\/li><\/ul><div class='scTC scTC99' style='display:block;'><p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-10493\" src=\"https:\/\/www.realestatewords.com\/wp-content\/uploads\/2021\/03\/Jules-Borbely-Broker.jpg\" alt=\"Oleg Donets headshot\" width=\"150\" height=\"180\" \/>Jules Borbely<\/strong><\/p>\n<p><em>REAL ESTATE BROKER<br \/>\n<\/em><\/p>\n<p>Expert contributor at RealEstateWords.com<\/p>\n<p>&nbsp;<\/p>\n<p><strong><a href=\"https:\/\/www.realestatewords.com\/contributors\/jules-borbely\/\" target=\"_blank\" rel=\"noopener noreferrer\">View profile<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<\/p><\/div><\/div><\/div>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-10688 aligncenter\" src=\"https:\/\/www.realestatewords.com\/wp-content\/uploads\/2020\/03\/Real-Estate-Words-Contributor.png\" alt=\"Real Estate Words Contributor badge\" width=\"200\" height=\"168\" \/><\/p>\n<p style=\"text-align: center;\"><div class=\"su-note\"  style=\"border-color:#dadada;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#F4F4F4;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">Interested in becoming a contributor? Apply for our <a href=\"https:\/\/www.realestatewords.com\/contributor-program\/\">Expert Contributor Program<\/a>.<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cooperative Sale Definition A cooperative sale means a sales transaction involving two real estate agents who work at different brokerages. Explanation A cooperative sale happens when a buyer is introduced to the property and represented by a buyer\u2019s agent who works for a different company than the listing agent who is representing the seller. These [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/pages\/1642"}],"collection":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/comments?post=1642"}],"version-history":[{"count":1,"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/pages\/1642\/revisions"}],"predecessor-version":[{"id":11176,"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/pages\/1642\/revisions\/11176"}],"wp:attachment":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/media?parent=1642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}