AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
when an agent A call up another agent B ask for cobroke a rental property, is there 2 possibility? 1. A will get comm from the tenant while B will just get comm from the Landlord/owner.? 2. Both A&B get comm from the landlord/owner, 50%/50%.? Both above 2 are called "cobroke" or just 2? Can anyone help to advise?? many thanks.
0 •
806 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

Geryl Lim
Replied
Dear sir/madam,

Both the above are applicable. What you need to bear in mind is that any commission payable by landlord or tenant should be agreeable between the salesperson and the client.

The word cobroke doesn't mean sharing of commission. It simply means that 2 salesperson can work together to close the transaction.

Regards,
Geryl LIM
Real Estate Consultant/District Manager
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions