51Ƶ

Commission Split Agreement Between Agents Template for Philippines

A Commission Split Agreement Between Agents is a legally binding document used in the Philippines that establishes the terms and conditions for sharing real estate commission earnings between two or more licensed real estate professionals. The agreement complies with Philippine real estate laws, particularly the Real Estate Service Act (RESA) and related PRC regulations, and outlines specific commission split percentages, payment terms, duties, and responsibilities of each party. It includes provisions for dispute resolution, confidentiality, and termination conditions while ensuring compliance with local tax regulations and professional standards.

Typically:
i
This cost is based on prices provided by
6 legal services in your market.
With GenieAI:

£0

i
Generate and export your first
document completely free.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5
Alternatively...

What is a Commission Split Agreement Between Agents?

The Commission Split Agreement Between Agents serves as a crucial document in the Philippine real estate industry, designed to formalize cooperation between licensed real estate professionals who wish to share commission earnings from property transactions. This agreement becomes necessary when agents decide to work collaboratively, whether in mentor-mentee relationships, partnerships, or team arrangements. It ensures compliance with the Real Estate Service Act (RESA) of the Philippines, professional regulations, and tax requirements while protecting the interests of all parties involved. The document typically includes detailed commission structures, payment processes, professional obligations, and dispute resolution mechanisms, making it essential for maintaining transparent and professional relationships in real estate practice.

What sections should be included in a Commission Split Agreement Between Agents?

1. Parties: Identifies the agents entering into the agreement, including their license numbers and contact details

2. Background: Explains the context of the agreement and the agents' desire to collaborate and share commissions

3. Definitions: Defines key terms used throughout the agreement

4. Commission Split Structure: Details the agreed-upon commission split percentages and calculation methods

5. Payment Terms: Specifies when and how commission payments will be processed and distributed

6. Duties and Responsibilities: Outlines the obligations of each agent in the commission-sharing relationship

7. Term and Termination: Specifies the duration of the agreement and conditions for termination

8. Confidentiality: Establishes confidentiality obligations regarding shared client information and business practices

9. Dispute Resolution: Details the process for resolving any disagreements between the agents

10. Governing Law: Confirms that the agreement is governed by Philippine law

11. Entire Agreement: States that this document represents the complete agreement between the parties

What sections are optional to include in a Commission Split Agreement Between Agents?

1. Training and Mentorship: Include when one agent will provide training or mentorship to the other

2. Mutual Referrals: Include when agents agree to a formal referral system

3. Marketing Expenses: Include when agents will share marketing or advertising costs

4. Non-Compete Clause: Include when agents want to restrict competition within specific parameters

5. Team Branding: Include when agents will operate under a shared brand or team name

6. Client Database Management: Include when agents will share or jointly maintain a client database

What schedules should be included in a Commission Split Agreement Between Agents?

1. Schedule A - Commission Split Rates: Detailed breakdown of commission split percentages for different transaction types

2. Schedule B - Territory Definition: Map or description of any geographical territories covered by the agreement

3. Schedule C - Marketing Guidelines: Specific guidelines for joint marketing activities and brand usage

4. Appendix 1 - Sample Commission Calculation: Examples of how commissions will be calculated in various scenarios

5. Appendix 2 - Required Documentation: List of documents required for commission processing

6. Appendix 3 - Contact Details: Complete contact information and preferred communication methods for all parties

Authors

Alex Denne

Advisor @ GenieAI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Philippines

Publisher

GenieAI

Document Type

Agency Agreement

Cost

Free to use

Find the document you need

Agreement For Commission

A Philippine law-governed agreement establishing commission-based business relationships between principals and agents, defining commission structures and mutual obligations.

Download

Agreement Between Principal And Agent

A Philippine law-compliant agreement establishing and governing the relationship between a principal and their appointed agent, including scope of authority, duties, and obligations.

Download

Agreement For Security Services

A Philippine law-governed agreement establishing terms for professional security services provision, including operational requirements and compliance with local security regulations.

Download

Agreement Between Landlord And Letting Agent

A Philippine law-governed agreement establishing terms between property owners and letting agents, defining property management services and responsibilities under RESA Law.

Download

Agreement Between Seller And Agent

A legally binding agreement under Philippine law establishing the terms and conditions of a commercial agency relationship between a seller and their appointed agent.

Download

Contract For Digital Marketing Services

A Philippine-law governed agreement for digital marketing services, covering social media, content creation, and digital advertising services.

Download

Recruitment Agency Agreement With Client

A Philippine law-governed agreement between a recruitment agency and client company establishing terms for recruitment services and regulatory compliance.

Download

Recruitment Agency Agreement With Candidate

A Philippine law-governed agreement between a recruitment agency and job candidate establishing terms for job placement services and mutual obligations.

Download

Nursing Agency Contract Agreement

A Philippine law-governed agreement between nursing agencies and healthcare facilities for the provision of qualified nursing staff services.

Download

Healthcare Staffing Agency Contract

A Philippine law-governed agreement between healthcare staffing agencies and facilities for the provision of qualified healthcare professionals.

Download

Customs Broker Agreement

A Philippine-law governed agreement establishing terms between a customs broker and client for customs clearance services and regulatory compliance.

Download

Broker Agreement Commission

A Philippine law-governed agreement establishing broker commission terms, payment structures, and mutual obligations between principal and broker.

Download

Agent Client Agreement

A Philippine law-governed agreement establishing and regulating the relationship between a principal and their appointed agent, defining authority, duties, and terms of engagement.

Download

Agency Listing Agreement

A Philippine-law governed agreement authorizing a real estate agent to list and market a property for sale or lease, outlining terms, commissions, and obligations.

Download

Agency Client Contract

A Philippine law-governed contract establishing the terms and conditions between an agency and its client for professional services provision.

Download

Buyer Agent Commission Agreement

A Philippine law-compliant agreement establishing terms for real estate agent representation of property buyers, including commission terms and RESA requirements.

Download

Real Estate Agent Agreement Contract

A legally binding agreement between property owner and real estate agent in the Philippines, outlining terms for property marketing and sale/lease services.

Download

Buyer's Agent Agreement

A Philippine-compliant agreement establishing an agency relationship between a property buyer and licensed real estate agent, outlining services, obligations, and compensation terms.

Download

Buyer Agent Exclusive Agreement

A Philippine-law governed agreement establishing an exclusive relationship between a property buyer and real estate agent, detailing representation terms and obligations.

Download

Non Exclusive Agency Agreement

A Philippine law-governed agreement establishing a non-exclusive agency relationship between a principal and agent, defining their rights and obligations while maintaining the principal's freedom to appoint other agents.

Download

Buyer Representation Agreement

A Philippine law-governed agreement establishing a professional relationship between a property buyer and their real estate representative, outlining services, obligations, and compensation terms.

Download

Buyer Broker Agreement

A Philippine-law governed agreement establishing the terms and conditions between a real estate broker and property buyer, outlining services, duties, and compensation.

Download

Real Estate Broker Fee Agreement

A Philippine-law governed agreement establishing terms and commission structure between a licensed real estate broker and client, compliant with RESA regulations.

Download

Real Estate Broker Commission Agreement

A Philippine-law compliant agreement establishing commission terms between property owners and licensed real estate brokers for property sales or leasing services.

Download

Real Estate Broker Agreement

A Philippine-law governed agreement establishing the terms and conditions between a licensed real estate broker and their client for property-related services.

Download

Real Estate Agent Commission Agreement

A Philippine-compliant agreement establishing commission terms and conditions between property owners and real estate agents/brokers.

Download

Broker Agent Commission Agreement

A Philippine-law governed agreement establishing commission terms and conditions between a principal and broker/agent, compliant with RESA 2009.

Download

Broker Agent Agreement

A Philippine-law governed agreement establishing terms and conditions for broker representation in property transactions, compliant with RESA and local regulations.

Download

Agent To Agent Commission Agreement

A Philippine law-governed agreement establishing commission-sharing terms between two independent agents, including payment terms and mutual obligations.

Download

Insurance Agent Agreement

A Philippine law-governed agreement establishing the terms and conditions between an insurance company and its appointed agent, including regulatory compliance requirements.

Download

Commission Agreement Between Seller And Agent

A Philippine law-compliant agreement establishing commission-based representation terms between a seller and their sales agent.

Download

Sub Agency Agreement

A Philippine law-governed agreement establishing the relationship between a principal agent and sub-agent, defining their rights, obligations, and operational parameters.

Download

Staffing Agency Direct Hire Agreement

A Philippine law-governed agreement between a staffing agency and client company for direct hire recruitment services and associated terms.

Download

Staffing Agency Contract

A Philippine-law governed agreement between a staffing agency and client company for the provision of recruitment and placement services.

Download

Staffing Agency Agreement

A Philippine law-governed agreement between a staffing agency and client company for the provision and management of temporary or contract workers.

Download

Rental Agency Agreement

A Philippine law-governed agreement establishing the terms and conditions between a property owner and rental agency for property management and leasing services.

Download

Recruiting Agency Contract

A Philippine law-governed agreement between a recruitment agency and client company for professional recruitment services.

Download

Real Estate Agent Contract With Seller

A Philippine-law governed agreement between a real estate agent and property seller establishing terms for professional property sale services.

Download

Owner Agent Agreement

A Philippine law-governed agreement establishing the terms and conditions under which an agent is authorized to act on behalf of an owner/principal.

Download

Model Agency Contract

A Philippine law-governed agreement between a modeling agency and model, establishing terms of representation, rights, and obligations in accordance with local regulations.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your data is private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it