Commission Sharing Agreement (Real Estate) Template for Philippines

1. Non-Compete Clause: Optional restrictions on working with other brokers or in specific areas - used when parties want to ensure exclusive collaboration

2. Marketing and Advertising: Details how marketing costs and efforts will be shared - relevant when parties plan joint marketing activities

3. Training and Support: Outlines any training or support obligations between parties - useful for mentor-mentee relationships

4. Insurance Requirements: Specifies required insurance coverage - important for high-value properties or complex arrangements

5. Assignment Rights: Details whether and how rights under the agreement can be assigned - relevant for larger brokerages

6. Force Majeure: Addresses unforeseen circumstances affecting performance - particularly relevant post-COVID

1. Schedule A - Property List: Details of specific properties covered by the agreement

2. Schedule B - Commission Structure: Detailed breakdown of commission percentages for different transaction types or value ranges

3. Schedule C - Required Documentation: List of documents required for commission processing and compliance

4. Schedule D - Professional Credentials: Copies of relevant licenses and certifications

5. Appendix 1 - Standard Operating Procedures: Detailed procedures for handling transactions and commission calculations

6. Appendix 2 - Compliance Requirements: Summary of relevant RESA and AMLC requirements affecting the agreement