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1. Parties: Identification of the cooperating brokers, including license numbers and business addresses
2. Background: Context of the agreement and the intention to cooperate on real estate transactions
3. Definitions: Key terms used in the agreement, including 'Commission', 'Qualified Transaction', 'Territory', and 'Client'
4. Scope of Cooperation: Details of how the brokers will work together and types of transactions covered
5. Commission Structure: Specific breakdown of commission splits and calculation methods
6. Payment Terms: Timing and method of commission payments, including invoicing requirements
7. Obligations and Responsibilities: Specific duties of each broker in the cooperation arrangement
8. Confidentiality: Protection of shared client information and business data
9. Term and Termination: Duration of the agreement and conditions for termination
10. Dispute Resolution: Process for resolving disagreements between the parties
11. Governing Law: Specification of Philippine law as governing law and jurisdiction
12. General Provisions: Standard clauses including notices, amendments, and severability
1. Exclusivity: Optional clause defining whether the cooperation arrangement is exclusive or non-exclusive
2. Marketing and Advertising: Guidelines for joint marketing efforts and brand usage, if applicable
3. Professional Insurance: Requirements for professional indemnity insurance, if desired
4. Data Protection: Specific provisions for handling personal data under Philippine privacy laws
5. Training Requirements: Specifications for joint training or certification requirements
6. Referral Process: Detailed procedures for handling client referrals between brokers
1. Schedule A - Commission Structure: Detailed breakdown of commission percentages for different types of transactions
2. Schedule B - Territory Definition: Specific geographical areas or market segments covered by the agreement
3. Schedule C - Required Documentation: List of documents required for commission processing
4. Appendix 1 - Contact Information: Key contacts and escalation matrix for both parties
5. Appendix 2 - Standard Operating Procedures: Detailed procedures for cooperation and transaction handling
Real Estate
Commercial Property
Residential Property
Industrial Property
Retail Property
Office Space
Land Development
Property Management
Real Estate Investment
Legal
Real Estate
Sales
Business Development
Finance
Operations
Compliance
Contracts Administration
Commission Processing
Account Management
Real Estate Broker
Property Consultant
Real Estate Agent
Brokerage Manager
Sales Director
Business Development Manager
Real Estate Division Head
Commission Manager
Compliance Officer
Legal Counsel
Finance Manager
Operations Manager
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