When a real estate broker offers a property for sale on the MLS, a “co-broke” is offered to any realtor who brings a successful buyer. The co-broke is a portion of the commission that the listing broker charges the seller.   For example, if the listing realtor charges 6.0% sales commission, he or she might offer a 2.4% co-broke to any other real estate agent who finds a buyer for the property.

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