Real Estate Collaboration Agreement
This agreement (the “Agreement”) is made and entered into on [Date] by and between [Name of Realtor 1], with a business address of [Address of Realtor 1] (hereinafter referred to as “Realtor 1”), and [Name of Realtor 2], with a business address of [Address of Realtor 2] (hereinafter referred to as “Realtor 2”).
WHEREAS, Realtor 1 and Realtor 2 are licensed real estate agents and desire to collaborate with one another in order to enhance their respective businesses and increase their combined sales; and
WHEREAS, the parties agree that their collaboration will be beneficial to their clients and will allow them to expand their reach in the real estate market;
NOW, THEREFORE, the parties agree as follows:
Scope of Collaboration: The parties agree to collaborate with one another in order to market and sell real estate properties within [Geographical area of collaboration].
Responsibilities: The parties agree to share responsibilities for marketing, showing, and selling properties. They will communicate with each other frequently and share information about properties, potential clients, and market trends.
Compensation: Each party will be responsible for their own expenses related to the collaboration. Any commission earned as a result of the collaboration will be split equally between the parties, unless otherwise agreed upon in writing.
Term: This Agreement will be effective as of the date first written above and will continue until terminated by either party upon [number] days’ written notice to the other party.
Confidentiality: The parties agree to maintain the confidentiality of any information shared between them that is not already publicly available.
Governing Law: This Agreement will be governed by and construed in accordance with the laws of the State of [State].
Entire Agreement: This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior negotiations, understandings, and agreements between the parties.
Counterparts: This Agreement may be executed in counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.
[Name of Realtor 1] [Name of Realtor 2]