Real Estate Team Commission Split Agreement Template

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You can open the Real Estate Team Commission Split Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Real Estate Team Commission Split Agreement Template

Printable | Editable Form




Real Estate Team Commission Split Agreement Template (1)
Between:
[Name of the Team Leader]
[Team Leader’s ID]
[Team Leader’s Address]
[Team Leader’s Phone]
[Team Leader’s Email]
And:
[Name of the Agent]
[Agent’s ID]
[Agent’s Address]
Introduction:
This agreement formalizes the commission split arrangement between the Team Leader and the Agent for real estate transactions conducted within the framework of [Team Name].
Clause 1: Commission Structure
The commission split shall be as follows: [Specify percentage split] for each transaction concluded by the Agent.
Clause 2: Payment Procedure
Commissions will be disbursed to the Agent within [Specify time frame] following the closing of the transaction.
Clause 3: Listing Responsibilities
The Team Leader will provide the following support: [Detail support provided], and the Agent agrees to [Detail agent’s responsibilities].
Clause 4: Duration of Agreement
This agreement shall commence on [Start Date] and remain in effect until [End Date], unless amended or terminated by either party with [Specify notice period].
Clause 5: Confidentiality and Non-Disclosure
Both parties agree to keep confidential all proprietary information, including commission structures and client details, for the duration of this agreement and beyond.
Clause 6: Governing Law
This agreement will be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Team Leader]
[Name of the Team Leader]
[Signature of the Agent]
[Name of the Agent]
Real Estate Team Commission Split Agreement Template (2)
Between:
[Name of the Team Leader]
[Team Leader’s ID]
[Team Leader’s Address]
[Team Leader’s Phone]
[Team Leader’s Email]
And:
[Name of the Agent]
[Agent’s ID]
[Agent’s Address]
Introduction:
This agreement establishes the commission split arrangement that will apply to all sales conducted by the Agent under the Team Leader’s brokerage.
Clause 1: Commission Allocation
The commissions earned on each successful transaction will be split [Specify percentage], with the Team Leader receiving [Specify percentage].
Clause 2: Commission Distribution Timeline
Commissions will be paid to the Agent no later than [Specify timeline], following the closing of a sale.
Clause 3: Role and Duties
The Team Leader will be responsible for [Outline responsibilities], and the Agent will undertake [Outline duties].
Clause 4: Termination Conditions
This agreement may be canceled by either party with a written notice of [Specify notice period].
Clause 5: Dispute Resolution
In the event of a dispute, both parties agree to pursue mediation before any legal proceedings.
Clause 6: Governing Law
This agreement shall be governed by and construed in accordance with the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Team Leader]
[Name of the Team Leader]
[Signature of the Agent]
[Name of the Agent]

Form

Please complete the form below to create the Real Estate Team Commission Split Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Real Estate Team Commission Split Agreement Template

1. Team Information


2. Individual Agent Information


3. Agreement Details


4. Commission Distribution

5. Responsibilities of Team Members

6. Payment Terms

7. Confidentiality Agreement

8. Termination Clauses

9. Signatures and Acceptance

10. Declaration and Signatures




PDF


WORD

Printable

Real Estate Team Commission Split Agreement Template

Printable | Editable Form




Real Estate Team Commission Split Agreement Template