What does Cooperating Broker mean?

A cooperating broker is a real estate agent or broker who works with other agents or brokers in order to sell a property. In most cases, a cooperating broker represents the seller of a property, while the other broker represents the buyer. The two brokers work together to negotiate a sale and facilitate the transaction.

Related Terms

First Mortgage Access Multi Listing Services Forfeiture Second Mortgage Employer-Assisted Housing Urban Sprawl Sales Contract Loan Constant Federal Housing Administration ( FHA) Setback Voluntary Lien Accelerated Depreciation Housing Discrimination Convertible Adjustable-Rate Mortgage Estimated Increase In Equity Junior Mortgage Percentage Lease (Retail Only)