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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
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
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
Agents
Broker-of-Record
Commission
Commission Split
Confidential Information
Effective Date
Gross Commission
Lead Agent
Licensed Real Estate Professional
Net Commission
Operating Territory
Party/Parties
PRC
RESA
Real Estate Transaction
Referral Fee
Sales Price
Shared Client
Supporting Agent
Term
Transaction Date
Working Day
Marketing Materials
Client Database
Commission Split Rate
Joint Marketing
Professional Services
Termination Date
Dispute
Definitions
Commission Structure
Payment Terms
Professional Obligations
Confidentiality
Non-Competition
Term and Duration
Termination
Territory
Client Management
Marketing and Branding
Dispute Resolution
Force Majeure
Assignment
Severability
Entire Agreement
Governing Law
Amendment
Notices
Compliance
Record Keeping
Intellectual Property
Indemnification
Warranties and Representations
Relationship of Parties
Good Faith
Costs and Expenses
Real Estate
Property Development
Real Estate Investment
Property Management
Commercial Real Estate
Residential Real Estate
Luxury Real Estate
Industrial Real Estate
Sales
Operations
Administration
Compliance
Finance
Legal
Training
Transaction Processing
Real Estate Agent
Real Estate Broker
Senior Real Estate Agent
Associate Real Estate Broker
Real Estate Team Leader
Managing Broker
Broker-Owner
Real Estate Sales Manager
Transaction Coordinator
Commission Administrator
Compliance Officer
Real Estate Operations Manager
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