What is a cooperating broker?
– A broker who assists another broker (usually the “listor”) in the sale of real property. Usually, the cooperating broker is the (selling) broker who found the buyer who offers to buy a piece of property listed with another (listing) broker.
What is CBC in real estate?
Form CBC, Cooperating Broker Compensation Agreement and Escrow Instruc – Realty Supply Center.
What does cooperation mean in real estate?
A co-op, or housing cooperative, is a type of housing owned by a corporation made up of the owners within the co-op. The corporation owns the interior, exterior and all common areas of the building.
What is an offer of cooperation in real estate?
An open invitation to otherbrokers to sell property listed by another broker.