Asked by Evelyn Lim
What does co-broke means ??
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1 Answer
In Singapore's real estate context, "co-broke" refers to a collaborative arrangement between real estate agents. Here’s what it means:
### **Definition of Co-Broke**
1. **Collaborative Effort**:
- **Co-brokering**: It involves two or more real estate agents working together to facilitate a property transaction.
- **Agents' Roles**: One agent may represent the seller, while the co-broking agent represents the buyer, or both may work together to manage the sale or purchase process.
2. **Purpose**:
- **Broader Reach**: Allows for a wider reach and more extensive marketing of the property.
- **Shared Responsibilities**: Agents share tasks such as arranging viewings, negotiating terms, and managing paperwork.
3. **Commission**:
- **Shared Commission**: The commission earned from the sale or lease is typically split between the co-broking agents based on their agreement.
4. **Process**:
- **Agreement**: Agents must agree on terms of collaboration and how the commission will be divided.
- **Listing**: The property is listed by both agents, increasing exposure to potential buyers or tenants.
**Summary**:
- **Co-broke** means a collaborative arrangement where multiple real estate agents work together to facilitate a property transaction and share the commission.
WhatsApp me at: ABLE Toh (65) 9856-9255 or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
"If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
(***) You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
For buyers, I offer solutions for sourcing resale and new private homes at no charge.
I can connect you with reputable bankers for private housing loans free of charge and with no obligation.
I also have partners to assist with mortgage home insurance matters.
Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!
*** You can reach me at my Singapore mobile: (65) 9856 9255 or email me at Able.selling@gmail.com.
From: ABLE Toh- Your Property ASSISTANT : ）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ” Read More
### **Definition of Co-Broke**
1. **Collaborative Effort**:
- **Co-brokering**: It involves two or more real estate agents working together to facilitate a property transaction.
- **Agents' Roles**: One agent may represent the seller, while the co-broking agent represents the buyer, or both may work together to manage the sale or purchase process.
2. **Purpose**:
- **Broader Reach**: Allows for a wider reach and more extensive marketing of the property.
- **Shared Responsibilities**: Agents share tasks such as arranging viewings, negotiating terms, and managing paperwork.
3. **Commission**:
- **Shared Commission**: The commission earned from the sale or lease is typically split between the co-broking agents based on their agreement.
4. **Process**:
- **Agreement**: Agents must agree on terms of collaboration and how the commission will be divided.
- **Listing**: The property is listed by both agents, increasing exposure to potential buyers or tenants.
**Summary**:
- **Co-broke** means a collaborative arrangement where multiple real estate agents work together to facilitate a property transaction and share the commission.
WhatsApp me at: ABLE Toh (65) 9856-9255 or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
"If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
(***) You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
For buyers, I offer solutions for sourcing resale and new private homes at no charge.
I can connect you with reputable bankers for private housing loans free of charge and with no obligation.
I also have partners to assist with mortgage home insurance matters.
Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!
*** You can reach me at my Singapore mobile: (65) 9856 9255 or email me at Able.selling@gmail.com.
From: ABLE Toh- Your Property ASSISTANT : ）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ” Read More