What is Broker Co-Op and Why Does it Matter?

What is Broker Co-Op and Why Does it Matter? Broker Co-op is that portion of the real estate fees that compensates the buyer’s broker. It’s imporant to detail that compensation split to the buyer’s broker is discussed, reviewed and put in writing as a part of the listing agreement and signed by the seller. The buyer broker compensation will then be included in the agent details of the MLS Multiple Listing Service along with other pertinent data.

As a listing agent I acknowledge the importance of paying the buyer’s broker market rates as the ultimate goal to attract the best agents with the best customers, ones who will educate and deliver buyers that are ready, willing and able to perform. A good buyer’s agent will present a clean offer backed with a pre-approval letter and will closely manage the transaction through inspections, appraisal and closing.

The end goal is a selling your home. Brokers get paid only if your home is sold! Ultimately the real estate fees are bacially split four ways; between the seller’s broker and buyer’s broker, then each broker splits their part with agents on an agreed upon schedule.

If you want to discuss selling your home in Danville, San Ramon, Pleasanton or Dublin CA please call me to discuss what I can do to get you moving!

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Vickie Nagy: (925) 407-7987 or email: Vickie@VickieSellsHomes.com

Steve Nagy: (925) 407-7853 or email Steve@BestTriValleyHomes.com

Vickie and Steve Nagy are available to help you with all your real estate needs, including relocation to San Ramon CA, Dublin CA, Pleasanton CA, Danville CA & nearby.

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Vickie Nagy BRE# 01363932 * Steve Nagy BRE# 01863790

Realty One Group BMC Associates | 2355 San Ramon Valley Blvd, Suite 100, San Ramon, CA 94583

Vickie Nagy, Broker Associate, BRE#01363932, Cell (925) 407-7987 E-Mail Vickie Realty ONE Group BMC Associates, 2355 San Ramon Valley Blvd #100, San Ramon CA 94583