Parties
Full legal names and brokerage licenses for each party, including company legal entity names and contact information; specify broker of record and agent license numbers.
A clear co-operation agreement reduces misunderstandings, speeds transaction workflow, and protects commission expectations through written terms. It provides a framework for liability allocation, recordkeeping, and timely payment when multiple agents participate in the same deal.
Use the agreement to document responsibilities, contingencies, and financial terms before active marketing or submitting offers.
A licensed broker or brokerage that lists the property and agrees to share compensation and coordinate access. The listing broker typically defines showing protocols, required disclosures, and recording responsibilities in the co-operation agreement.
A buyer's agent or cooperating broker who brings a purchaser and expects a defined commission split, timely payment at closing, and clarity on buyer representation duties and documentation needed for escrow and title.
Full legal names and brokerage licenses for each party, including company legal entity names and contact information; specify broker of record and agent license numbers.
Precise street address and legal description or parcel number so the agreement unmistakably identifies the subject property for title and recording purposes.
Exact commission or fee split expressed as percentages or fixed amounts, when payment is due (closing), and conditions for withholding or adjustment.
Who handles showings, disclosures, escrow instructions, title coordination, and communication to avoid duplicated tasks and missed deadlines.
Specified mechanism for resolving disagreements — mediation, arbitration, or jurisdictional venue — and the governing state law for interpretation.
Events that end cooperation (closing, cancellation, expiration), notice periods, and surviving obligations such as indemnity and confidentiality clauses.
| Field | Configuration |
|---|---|
| Signer Order | Specify signing sequence: broker-of-record first, cooperating broker next |
| Authentication | Use email + SMS code or knowledge-based authentication for higher assurance |
| Attachments | Require property disclosures or MLS sheet as mandatory attachments |
| Notifications | Notify escrow and title automatically upon completion |
Confirm platform HIPAA or SOC 2 compliance if you handle sensitive client data, and enable SSO for broker account control.
| Criteria | Co-operation Agreement | Listing Agreement |
|---|---|---|
| Primary Purpose | define broker cooperation | authorize broker to market property |
| Compensation Focus | commission split clarity | seller commission rate |
| Parties Involved | multiple brokers | seller and listing broker |
| Recording Need | not typically recorded | not recorded |
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial, no credit card | Yes | Yes | Yes, limited | Yes, limited |
| Bulk Send | Yes (plan tier) | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes (BAA required) | Yes | Yes | No | No |
| Envelope Cap | No envelope cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |
Date parties sign and obligations begin
Provide executed agreement before or at escrow opening
Follow any notice windows for termination or exclusivity
Record any deed-related documents per county timelines
Commission payable at closing unless alternate terms specified
Agreement finalized and approved by both broker offices
All required broker signatures and notarizations completed
Executed copies provided to escrow, title, and cooperating agents
Payment instruction executed at closing per agreement terms
Tim Martin used a standardized co-operation agreement for out-of-state listings to prevent commission disputes
Optica Ventures adopted an electronic co-operation template to streamline agent handoffs